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Shree Umiya Hospitality LLC

Walterboro, SC · Hotels (except Casino Hotels) and Motels · NAICS 721110

Shree Umiya Hospitality LLC, located in Walterboro, South Carolina, operates in the hotels and motels industry and is listed as a Travelodge by Wyndham franchise. The business was financed with an SBA 7(a) loan for a change of ownership of $1.41 million, approved on March 10, 2025 by GBank, with 8 jobs reported.

SBA 7(a) loan, change of ownership, approved Mar 10, 2025

$1,410,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,410,000
SBA-guaranteed amount
$1,057,500 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
March 10, 2050 (estimated, approval date plus term)
Estimated monthly payment
$11,354 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 20, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Travelodge by Wyndham
Project location
Colleton County, SC
SBA district office
South Carolina District Office
Congressional district
SC-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 11% 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 South Carolina: $1,827,509.

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 South Carolina