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Hare Pritam Hospitality LLC

Walterboro, SC · Hotels (except Casino Hotels) and Motels · NAICS 721110

Hare Pritam Hospitality LLC, located in Walterboro, South Carolina, operates in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership of $3.5 million, approved on September 24, 2025 by GBank. The loan is associated with a franchise listed as Quality Inn and Quality Inn & Suites.

SBA 7(a) loan, change of ownership, approved Sep 24, 2025

$3,500,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,500,000
SBA-guaranteed amount
$2,625,000 (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
September 24, 2050 (estimated, approval date plus term)
Estimated monthly payment
$28,183 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Quality Inn, Quality Inn & Suites,
Project location
Colleton County, SC
SBA district office
South Carolina District Office
Congressional district
SC-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 56% 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 South Carolina: $1,827,509.

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 South Carolina