Hospitality Management LLC
Hospitality Management LLC is located in Deadwood, SD, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on May 31, 2025.
SBA 7(a) loan, change of ownership, approved May 31, 2025
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Titan Bank, National Association, Mineral Wells, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 31, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $38,591 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- Lawrence County, SD
- SBA district office
- South Dakota District Office
- Congressional district
- SD-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 76% 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 Dakota: $1,631,547.
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 Dakota
- RK Hospitality LLC, Sioux Falls
- Novakara Hospitality LLC, Ft. Pierre
- Saina Brandon LLC, Brandon
- Aberdeen Lodging LLC, Aberdeen
- Monument Lodging LLC, Hill City
- BDH - Sioux Falls, LLC, Sioux Falls
- Rang 8, LLC, Sioux Falls
- Samarth LLC, Sioux Falls