Leesburg Hotel Group, LLC
Leesburg Hotel Group, LLC is a hotel business located in Leesburg, Virginia, classified under NAICS 721110 for hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $5 million approved on July 13, 2025, through American Pride Bank. The loan was reported with 50 jobs and the business operates under a Best Western franchise agreement.
SBA 7(a) loan, change of ownership, approved Jul 13, 2025
$5,000,000 approvedLender: American Pride Bank25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- American Pride Bank, Macon, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 13, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $38,591 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 50
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
- Project location
- Loudoun County, VA
- SBA district office
- Washington District Office
- Congressional district
- VA-10
- 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 Virginia: $1,860,760.
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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