Main Street Registry

Super 8 By Wyndham Hattiesburg North

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

Super 8 By Wyndham Hattiesburg North is a hotel and motel business located in Hattiesburg, Mississippi, and is a Super 8 franchise. It was financed with an SBA 7(a) loan for a change of ownership of $1,892,000, approved on June 11, 2025, by GBank.

SBA 7(a) loan, change of ownership, approved Jun 11, 2025

$1,892,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,892,000
SBA-guaranteed amount
$1,419,000 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
June 11, 2050 (estimated, approval date plus term)
Estimated monthly payment
$15,235 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 18, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Super 8 by Wyndhan / Super 8
Project location
Forrest County, MS
SBA district office
Mississippi District Office
Congressional district
MS-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 21% 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