Main Street Registry

Jai Siya Ram Hotels LLC

Victoria, TX · Hotels (except Casino Hotels) and Motels · NAICS 721110

Jai Siya Ram Hotels LLC is a hotel and motel business located in Victoria, Texas, in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,360,000, approved on April 9, 2025 by Global One Bank.

SBA 7(a) loan, change of ownership, approved Apr 9, 2025

$1,360,000 approvedLender: Global One Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,360,000
SBA-guaranteed amount
$1,020,000 (75% of the approval)
Lender
Global One Bank, Houston, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
April 9, 2050 (estimated, approval date plus term)
Estimated monthly payment
$11,181 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 10, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Victoria County, TX
SBA district office
San Antonio District Office
Congressional district
TX-27
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 10% 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 Texas: $1,944,682.

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 Texas