Teja Lodgings, LLC
Teja Lodgings, LLC is located in Roseburg, OR, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($1,294,000 SBA portion) on January 6, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jan 6, 2024
- SBA (CDC) portion
- $1,294,000
- Bank portion
- $1,258,391
- Estimated project size
- $2,835,990 (estimated)
- Estimated owner equity
- $283,599 (estimated, about 10% of the project)
- Bank lender
- Wells Fargo Bank National Association, Sioux Falls, SD
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- January 6, 2049 (estimated, approval date plus term)
- First disbursement
- May 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- Douglas County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-4
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 11% 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 Oregon: $1,931,136.
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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