Main Street Registry

Tselev Hotel Group LLC

Fort Worth, TX · Car Washes · NAICS 811192

Tselev Hotel Group LLC is located in Fort Worth, TX, and the SBA lists its industry as Car Washes. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on September 26, 2024.

SBA 7(a) loan, change of ownership, approved Sep 26, 2024

Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
Metro City Bank, Doraville, GA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
25 years (300 months)
Estimated maturity
September 26, 2049 (estimated, approval date plus term)
Estimated monthly payment
$42,819 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
18
Business type
Corporation
NAICS
811192, Car Washes
Project location
Tarrant County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-12
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Texas