SBA lending record
Elite Hotel Group LLC
608 W. Roosevelt Blvd, Monroe, NC 28110 · 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.
$2.8M
Total SBA financing
1
Loan on record
FY2022
On record
16
Jobs supported
Franchise brand
Red Roof Inn
See Red Roof Inn's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$2,837,800 — FY2022
- Gross approval
- $2,837,800
- SBA guaranteed
- $2,128,350 (75%)
- Status
- Current
- Rate at approval
- 5% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 3/29/2022
- First disbursement
- 5/6/2022
- Days to fund
- 38 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Elite Hotel Group LLC in Monroe, NC (Hotels (except Casino Hotels) and Motels). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $2.8M
- On record FY2022
- 16 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Monroe, NC
- Lender: Embassy National Bank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Elite Hotel Group LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Elite Hotel Group LLC.