Serenity Hospitality LLC
Serenity Hospitality LLC, located in Bethany, Oklahoma, operates in the hotels and motels industry (NAICS 721110). The company was financed with an SBA 7(a) loan for a change of ownership of $1,755,000, approved on May 8, 2025 by Shoreham Bank.
SBA 7(a) loan, change of ownership, approved May 8, 2025
$1,755,000 approvedLender: Shoreham Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,755,000
- SBA-guaranteed amount
- $1,316,250 (75% of the approval)
- Lender
- Shoreham Bank, Warwick, RI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 8, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $15,333 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 20, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Quality Inn, Quality Inn & Suites,
- Project location
- Oklahoma County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 18% 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 Oklahoma: $1,861,759.
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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