Days Inn Bradenton I 75
Days Inn Bradenton I 75 is a hotel and motel business in Bradenton, Florida, classified under the industry Hotels (except Casino Hotels) and Motels. The company was financed with an SBA 7(a) loan for a change of ownership of $3,603,000, approved on January 24, 2025 by GBank. The business operates as a Days Inn franchise and reported 6 jobs in the SBA loan record.
SBA 7(a) loan, change of ownership, approved Jan 24, 2025
$3,603,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,603,000
- SBA-guaranteed amount
- $2,702,250 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 24, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $29,012 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Days Inn / Days Inn by Wyndham
- Project location
- Manatee County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 57% 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 Florida: $1,808,559.
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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