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Shree Ganesh Holdings, LLC

Green Bay, WI · Hotels (except Casino Hotels) and Motels · NAICS 721110

Shree Ganesh Holdings, LLC is a hotel, motel and related lodging business in Green Bay, Wisconsin, operating as a Super 8 by Wyndham franchise. The company financed real estate or equipment through an SBA 504 loan of $1,188,000, with Nicolet National Bank as the lender and approval on June 27, 2024.

SBA 504 loan, approved Jun 27, 2024

$1,188,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,188,000
Bank portion
$1,934,000
Estimated project size
$3,468,889 (estimated)
Estimated owner equity
$346,889 (estimated, about 10% of the project)
Bank lender
Nicolet National Bank, Green Bay, WI
CDC
WBD, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 27, 2049 (estimated, approval date plus term)
First disbursement
Oct 16, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Super 8 by Wyndhan / Super 8
Project location
Brown County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-8
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 7% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
  • Average expansion loan in Wisconsin: $2,095,135.

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 Wisconsin