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Ridhaan Realty Group FL LLC

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

Ridhaan Realty Group FL LLC is a hotel and motel business in Crestview, Florida, in the NAICS category for hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership of $4,779,000 from GBank, with approval dated May 8, 2026. The loan supports a franchised property affiliated with Comfort Inn, Comfort Inn & Suites and Comfort Suites, and the SBA lists 19 jobs associated with the loan.

SBA 7(a) loan, change of ownership, approved May 8, 2026

$4,779,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,779,000
SBA-guaranteed amount
$3,584,250 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
May 8, 2051 (estimated, approval date plus term)
Estimated monthly payment
$36,097 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 21, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
19
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Comfort Inn, Comfort Inn & Suites & Comfort Suites
Project location
Okaloosa 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 74% 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