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Niyazi Hotels Inc.

Swanton, OH · Hotels (except Casino Hotels) and Motels · NAICS 721110

Niyazi Hotels Inc. is a hotel business located in Swanton, Ohio, in the hotels (except casino hotels) and motels industry. It was financed with an SBA 7(a) loan for a change of ownership of $1,593,000, approved on June 24, 2025 by GBank, and the business is operating under the Baymont by Wyndham franchise.

SBA 7(a) loan, change of ownership, approved Jun 24, 2025

$1,593,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,593,000
SBA-guaranteed amount
$1,194,750 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
June 24, 2050 (estimated, approval date plus term)
Estimated monthly payment
$12,827 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Baymont by Wyndham / Baymont Inn & Suites
Project location
Lucas County, OH
SBA district office
Columbus District Office
Congressional district
OH-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 14% 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 Ohio: $1,840,340.

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 Ohio