Main Street Registry

Shree Balaji Ventures LLC

Charlotte, NC · Hotels (except Casino Hotels) and Motels · NAICS 721110

Shree Balaji Ventures LLC, located in Charlotte, NC, operates in the hotels and motels industry (NAICS 721110). The company financed real estate or equipment through an SBA 504 loan of $3,249,000 with the 504 Capital Corporation and Blue Ridge Bankshares, Inc. as the lender, with a loan approval date of July 22, 2026.

SBA 504 loan, approved Jul 22, 2026

$3,249,000 SBA portionCDC: 504 Capital Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,249,000
Bank portion
$3,950,000
Estimated project size
$7,998,889 (estimated)
Estimated owner equity
$799,889 (estimated, about 10% of the project)
Bank lender
Blue Ridge Bankshares, Inc., Charlottesville, VA
CDC
504 Capital Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
July 22, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
1
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Wingate by Wyndham
Project location
Mecklenburg County, NC
SBA district office
North Carolina District Office
Congressional district
NC-12
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 65% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
  • Average expansion loan in North Carolina: $2,167,577.

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 North Carolina