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Mossyhead Hospitality LLC

Defuniak Springs, FL · Hotels (except Casino Hotels) and Motels · NAICS 721110

Mossyhead Hospitality LLC, located in Defuniak Springs, Florida, operates in the hotel and motel industry (NAICS 721110) and is a Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $2.8 million, approved on March 7, 2025 by GBank, and the loan reports 8 jobs.

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

$2,800,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,800,000
SBA-guaranteed amount
$2,100,000 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
March 7, 2050 (estimated, approval date plus term)
Estimated monthly payment
$23,020 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 27, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels
Project location
Walton County, FL
SBA district office
North Florida District Office
Congressional district
FL-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 43% 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 Florida: $1,808,559.

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 Florida