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Hospitality Control Solutions, LLC

Decatur, GA · Other Computer Related Services · NAICS 541519

Hospitality Control Solutions, LLC is a business located in Decatur, GA, in the Other Computer Related Services industry (NAICS 541519). It was financed with an SBA 7(a) loan for a change of ownership, in the amount of $4,211,200, approved on September 5, 2024 by SouthState Bank, National Association, with a 10-year term and 21 jobs reported.

SBA 7(a) loan, change of ownership, approved Sep 5, 2024

$4,211,200 approvedLender: SouthState Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,211,200
SBA-guaranteed amount
$3,158,400 (75% of the approval)
Lender
SouthState Bank, National Association, Winter Haven, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
10 years (120 months)
Estimated maturity
September 5, 2034 (estimated, approval date plus term)
Estimated monthly payment
$57,415 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 30, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
21
Business type
Corporation
NAICS
541519, Other Computer Related Services
Project location
Davidson County, TN
SBA district office
Tennessee District Office
Congressional district
TN-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 88% of acquisition loans in Other Computer Related Services on this site.
  • Average acquisition loan in Other Computer Related Services: $2,041,531.
  • Average acquisition loan in Georgia: $2,017,638.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Georgia