Main Street Registry

Kripa Hotels LLC

Ruidoso Downs, NM · Hotels (except Casino Hotels) and Motels · NAICS 721110

Kripa Hotels LLC is a hotel and motel business in Ruidoso Downs, New Mexico, in the industry of hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership of $2.6 million, approved on April 28, 2026 by Open Bank. The business operates as a Days Inn / Days Inn by Wyndham franchise.

SBA 7(a) loan, change of ownership, approved Apr 28, 2026

$2,577,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,577,000
SBA-guaranteed amount
$1,932,750 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
April 28, 2051 (estimated, approval date plus term)
Estimated monthly payment
$19,890 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 20, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Days Inn / Days Inn by Wyndham
Project location
Lincoln County, NM
SBA district office
New Mexico District Office
Congressional district
NM-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 39% 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 New Mexico: $1,985,089.

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 New Mexico