Om Namah LLC
Om Namah LLC is located in Williamsburg, VA, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($3,187,000 SBA portion) on June 17, 2026 to finance real estate or equipment. This registry lists 2 loans for the company.
SBA 504 loan, approved Jun 17, 2026
- SBA (CDC) portion
- $3,187,000
- Bank portion
- $3,100,000
- Estimated project size
- $6,985,556 (estimated)
- Estimated owner equity
- $698,556 (estimated, about 10% of the project)
- Bank lender
- Chesapeake Bank, Kilmarnock, VA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- June 17, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Wyndham Garden
- Project location
- York County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-1
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 63% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
- Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
- Average expansion loan in Virginia: $1,938,955.
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.
SBA 7(a) loan, change of ownership, approved Oct 21, 2023
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (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%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- October 21, 2048 (estimated, approval date plus term)
- Estimated monthly payment
- $41,107 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 1, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Wyndham Garden
- Project location
- York County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-01
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Virginia
- Colonial Hospitality Inc., Colonial Beach
- Sadguru LLC, North Chesterfield
- Vigneshwaran Hospitality, LLC, Hampton
- Holiday Inn Express & Suites Chesapeake, Chesapeake
- AUR Inc., Galax
- Clarion Pointe, Staunton
- Quality Inn, Warsaw
- Scottish Inns - Collinsville & Martinsville, Collinsville