Bear Cub Hotel LLC
Bear Cub Hotel LLC is located in Helen, GA, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $2,550,000 for a change of ownership on January 22, 2026.
SBA 7(a) loan, change of ownership, approved Jan 22, 2026
- Gross approval
- $2,550,000
- SBA-guaranteed amount
- $1,912,500 (75% of the approval)
- Lender
- PromiseOne Bank, Duluth, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 22, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $19,261 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 19, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Quality Inn, Quality Inn & Suites,
- Project location
- White County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 38% 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 Georgia: $2,017,638.
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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