SNK Hospitality LLC
SNK Hospitality LLC is a hotel business in Burlington, Wisconsin, in the hotels (except casino hotels) and motels industry, operating as a Hampton Inn by Hilton franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $3,990,000, approved on August 13, 2025 by American Momentum Bank, and the loan lists 30 jobs.
SBA 7(a) loan, change of ownership, approved Aug 13, 2025
$3,990,000 approvedLender: American Momentum Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,990,000
- SBA-guaranteed amount
- $2,992,500 (75% of the approval)
- Lender
- American Momentum Bank, College Station, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 13, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $32,804 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Hampton Inn by Hilton
- Project location
- Racine County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 61% 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 Wisconsin: $1,729,230.
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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