Main Street Registry

Tas Hotel Group LLC

Oak Creek, WI · Hotels (except Casino Hotels) and Motels · NAICS 721110

Tas Hotel Group LLC, located in Oak Creek, Wisconsin, operates in the hotels and motels industry (NAICS 721110). The company was financed with an SBA 7(a) loan for a change of ownership of $1,040,000, approved by Shoreham Bank on September 18, 2025.

SBA 7(a) loan, change of ownership, approved Sep 18, 2025

$1,040,000 approvedLender: Shoreham Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,040,000
SBA-guaranteed amount
$780,000 (75% of the approval)
Lender
Shoreham Bank, Warwick, RI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
25 years (300 months)
Estimated maturity
September 18, 2050 (estimated, approval date plus term)
Estimated monthly payment
$9,268 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 3, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Milwaukee 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 6% 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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Same industry in Wisconsin