Shree Sikotar LLC
Shree Sikotar LLC is located in Piqua, OH, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($1,954,000 SBA portion) on January 6, 2025 to finance real estate or equipment.
SBA 504 loan, approved Jan 6, 2025
- SBA (CDC) portion
- $1,954,000
- Bank portion
- $1,962,711
- Estimated project size
- $4,351,901 (estimated)
- Estimated owner equity
- $435,190 (estimated, about 10% of the project)
- Bank lender
- Valley Central Bank, Reading, OH
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- January 6, 2050 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Comfort Inn, Comfort Inn & Suites & Comfort Suites
- Project location
- Miami County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-4
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Larger than 32% 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 Ohio: $2,096,556.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Ohio
- Best Western, Fairborn
- 116 Park Avenue West, LLC, Mansfield
- Five Vibe Hospitality LLC, Columbus
- Five Guys Hospitality LLC, Independence
- Omkara Hospitality, LTD., Akron
- Nimit Hospitality, LLC, Columbus
- Devaki LLC, Napoleon
- Sleep Inn & Suites Belmont, Belmont