Main Street Registry

7 Star Hospitality LLC

Mount Juliet, TN · Hotels (except Casino Hotels) and Motels · NAICS 721110

7 Star Hospitality LLC is a hotel and motel business in Mount Juliet, Tennessee, in the industry Hotels (except Casino Hotels) and Motels. It was financed with an SBA 7(a) loan for a change of ownership of $4,150,000 from Bank of Hope, with approval dated May 26, 2026.

SBA 7(a) loan, change of ownership, approved May 26, 2026

$4,150,000 approvedLender: Bank of Hope25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,150,000
SBA-guaranteed amount
$3,112,500 (75% of the approval)
Lender
Bank of Hope, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
May 26, 2051 (estimated, approval date plus term)
Estimated monthly payment
$31,346 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 5, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Spark by Hilton
Project location
Wilson County, TN
SBA district office
Tennessee District Office
Congressional district
TN-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 65% 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 Tennessee: $1,738,925.

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 Tennessee