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C J Hospitality LLC

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

C J Hospitality LLC is a hotel and motel business located in Tomah, Wisconsin, classified under NAICS code 721110 (Hotels, except Casino Hotels and Motels). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,000,000, approved on April 11, 2024, through Byline Bank.

SBA 7(a) loan, change of ownership, approved Apr 11, 2024

$3,000,000 approvedLender: Byline Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,000,000
SBA-guaranteed amount
$2,250,000 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
25 years (300 months)
Estimated maturity
April 11, 2049 (estimated, approval date plus term)
Estimated monthly payment
$28,863 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 18, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Monroe County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 47% 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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