Main Street Registry

Rudra Hospitality LLC

Columbus, MS · Hotels (except Casino Hotels) and Motels · NAICS 721110

Rudra Hospitality LLC is a hotel business in Columbus, Mississippi, classified under the NAICS industry for hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved by GBank on April 9, 2025, and the business operates as a La Quinta by Wyndham franchise.

SBA 7(a) loan, change of ownership, approved Apr 9, 2025

$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
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
8.5%, variable
Term
25 years (300 months)
Estimated maturity
April 9, 2050 (estimated, approval date plus term)
Estimated monthly payment
$40,261 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
La Quinta by Wyndham / La Quinta Inn & Suites
Project location
Lowndes County, MS
SBA district office
Mississippi District Office
Congressional district
MS-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
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 Mississippi: $1,688,600.

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 Mississippi