Sahaj Hospitality LLC
Sahaj Hospitality LLC is a hotel operator in Canton, Michigan, in the hotels (except casino hotels) and motels industry, and it operates a Holiday Inn Express/Holiday Inn Express & Suites franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $5,000,000, with GBank as the lender and an approval date of August 27, 2026.
SBA 7(a) loan, change of ownership, approved Aug 27, 2026
$5,000,000 approvedLender: GBank25 years termCommitted, not fully disbursedLoan 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
- August 27, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $37,766 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Holiday Inn Express/Holiday Inn Express & Suites
- Project location
- Wayne County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- 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 Michigan: $1,645,728.
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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