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Shiv Krupa Hospitality LLC

Amherst, OH · Hotels (except Casino Hotels) and Motels · NAICS 721110

Shiv Krupa Hospitality LLC is a hotel and motel business located in Amherst, Ohio, classified under NAICS code 721110 for hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2,571,000, approved on February 27, 2025 through Southwestern National Bank. The business operates as a Days Inn / Days Inn by Wyndham franchise and reported 10 jobs.

SBA 7(a) loan, change of ownership, approved Feb 27, 2025

$2,571,000 approvedLender: Southwestern National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,571,000
SBA-guaranteed amount
$1,928,250 (75% of the approval)
Lender
Southwestern National Bank, Houston, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
February 27, 2050 (estimated, approval date plus term)
Estimated monthly payment
$20,702 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 19, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Days Inn / Days Inn by Wyndham
Project location
Lorain County, OH
SBA district office
Columbus District Office
Congressional district
OH-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 39% 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 Ohio: $1,840,340.

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 Ohio