Main Street Registry

Shiv of Greenville LLC

Greenville, MS · Hotels (except Casino Hotels) and Motels · NAICS 721110

Shiv of Greenville LLC is a hotel and motel business in Greenville, Mississippi, classified under the industry Hotels (except Casino Hotels) and Motels. The company was financed with an SBA 7(a) loan for a change of ownership of $3,686,000, approved on September 5, 2024 by Customers Bank. The business operates as a franchise of Days Inn / Days Inn by Wyndham and reports 16 jobs.

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

$3,686,000 approvedLender: Customers Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,686,000
SBA-guaranteed amount
$2,764,500 (75% of the approval)
Lender
Customers Bank, Malvern, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
September 5, 2049 (estimated, approval date plus term)
Estimated monthly payment
$30,304 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
16
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Days Inn / Days Inn by Wyndham
Project location
Washington County, MS
SBA district office
Mississippi District Office
Congressional district
MS-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 58% 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 Mississippi: $1,688,600.

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 Mississippi