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Shardamaa Ashirvad LLC

Washington, GA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Shardamaa Ashirvad LLC is a hotel and motel business located in Washington, GA, in the industry of hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership of $3,292,000, approved by GBank with an approval date of July 15, 2026.

SBA 7(a) loan, change of ownership, approved Jul 15, 2026

$3,292,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,292,000
SBA-guaranteed amount
$2,469,000 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
July 15, 2051 (estimated, approval date plus term)
Estimated monthly payment
$25,408 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 24, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Quality Inn, Quality Inn & Suites,
Project location
Wilkes County, GA
SBA district office
Georgia District Office
Congressional district
GA-10
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 52% 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 Georgia: $2,017,638.

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 Georgia