Main Street Registry

Jalaram Hospitality, Inc.

Anderson, IN · Hotels (except Casino Hotels) and Motels · NAICS 721110

Jalaram Hospitality, Inc. is a hotel and motel business in Anderson, Indiana, in the Hotels (except Casino Hotels) and Motels industry, and it operates under the Comfort Inn, Comfort Inn & Suites and Comfort Suites franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved on June 26, 2026 by GBank.

SBA 7(a) loan, change of ownership, approved Jun 26, 2026

$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
June 26, 2051 (estimated, approval date plus term)
Estimated monthly payment
$37,766 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 2, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Comfort Inn, Comfort Inn & Suites & Comfort Suites
Project location
Madison County, IN
SBA district office
Indiana District Office
Congressional district
IN-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 76% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
  • Average acquisition loan in Indiana: $1,995,900.

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 Indiana