Vrunda, LLC
Vrunda, LLC is located in Tuscumbia, AL, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($2,319,000 SBA portion) on March 27, 2025 to finance real estate or equipment.
SBA 504 loan, approved Mar 27, 2025
- SBA (CDC) portion
- $2,319,000
- Bank portion
- $3,216,650
- Estimated project size
- $6,150,722 (estimated)
- Estimated owner equity
- $615,072 (estimated, about 10% of the project)
- Bank lender
- Peoples Bank of Alabama, Cullman, AL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 27, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- Colbert County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-4
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 42% 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 Alabama: $2,182,891.
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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