Shriram Hospitality, LLC
Shriram Hospitality, LLC, located in Gainesville, FL, operates in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership, totaling $5 million, approved by GBank on July 16, 2026, and is a franchise of Comfort Inn, Comfort Inn & Suites & Comfort Suites.
SBA 7(a) loan, change of ownership, approved Jul 16, 2026
$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 16, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $37,766 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 20, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Comfort Inn, Comfort Inn & Suites & Comfort Suites
- Project location
- Alachua County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% 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 Florida: $1,808,559.
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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