Thakorji Hotels LLC
Thakorji Hotels LLC, located in Purcell, Oklahoma, 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 BancFirst with a date of September 11, 2026. The business is a Holiday Inn Express & Suites franchise and reports 15 jobs.
SBA 7(a) loan, change of ownership, approved Sep 11, 2026
$5,000,000 approvedLender: BancFirst20 years termCommitted, not fully disbursedLoan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- BancFirst, Oklahoma City, OK
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.25%, variable
- Term
- 20 years (240 months)
- Estimated maturity
- September 11, 2046 (estimated, approval date plus term)
- Estimated monthly payment
- $36,546 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Holiday Inn Express/Holiday Inn Express & Suites
- Project location
- Mcclain County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- 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 Oklahoma: $1,861,759.
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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