Samarth LLC
Samarth LLC is located in Sioux Falls, SD, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($1,623,000 SBA portion) on March 22, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Mar 22, 2024 | $1,623,000 | $2,387,000 | $4,455,556 (estimated) | Reliabank Dakota | South Dakota Development Corporation | 25 years | 11 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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