Madina LLC
Madina LLC is located in Brunswick, ME, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $1,900,000 for a change of ownership on May 1, 2026.
SBA 7(a) loan, change of ownership, approved May 1, 2026
- Gross approval
- $1,900,000
- SBA-guaranteed amount
- $1,425,000 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 1, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $14,665 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels
- Project location
- Cumberland County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 22% 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 Maine: $1,448,582.
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 Maine
- Habiba LLC, York
- Dugla LLC, Kittery
- Vacation Land Hotels LLC, South Portland