Shree Hari Om Hotels LLC
Shree Hari Om Hotels LLC is a hotel business in Greensboro, Georgia, in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership of $4,733,400, approved on April 4, 2025 by First Port City Bank, and the business operates under a franchise listed as Quality Inn and Quality Inn & Suites.
SBA 7(a) loan, change of ownership, approved Apr 4, 2025
$4,733,400 approvedLender: First Port City Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,733,400
- SBA-guaranteed amount
- $3,550,050 (75% of the approval)
- Lender
- First Port City Bank, Bainbridge, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 4, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $40,536 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Quality Inn, Quality Inn & Suites,
- Project location
- Greene County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% 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 Georgia: $2,017,638.
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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