Main Street Registry

Sonal LLC

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

Sonal LLC is located in Matthews, NC, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on January 21, 2026.

Business type
Corporation
Business age reported
Change of Ownership
Franchise
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels

SBA 7(a) loans, change of ownership

ApprovedGross approvalSBA-guaranteedLenderTermRateJobs supportedStatus
Jan 21, 2026$5,000,000$3,750,000GBank25 years7.75% variable20Status not reported (SBA exemption)
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Same industry in North Carolina