SBA lending record
Anand Hotel LLC
395 WASHINGTON AVE, Carlstadt, NJ · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.1M
Total SBA financing
1
Loan on record
FY2021
On record
11
Jobs supported
Franchise brand
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
See Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender
Is Anand Hotel LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$4,125,000 — FY2021
- Gross approval
- $4,125,000
- SBA guaranteed
- $3,712,500 (90%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/12/2021
- First disbursement
- 6/30/2021
- Days to fund
- 110 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Spring Bank
1 loan to this business- Total assets
- $646.9B
- Deposits
- $558.4B
- Loans outstanding
- $461.4B
- Net income
- $2.2B
- Return on assets
- 1.4366113498271451%
- Return on equity
- 10.15%
- Total equity
- $86.1B
- Offices
- 2
- Founded
- 10/2
- Headquarters
- 69 E 167th St, Bronx, NY, 10452
- FDIC cert
- 58668
- Website
- www.spring.bank
Is Anand Hotel LLC your business?
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Anand Hotel LLC.