SBA lending record
Jalaram Hospitality Inc dba Covered Bridge Inn
120 High School Street, Oneonta, AL 35121 · 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.
$1.2M
Total SBA financing
1
Loan on record
FY2024
On record
8
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Jalaram Hospitality Inc dba Covered Bridge Inn your business?
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The loan
$1,175,000 — FY2024
- Gross approval
- $1,175,000
- SBA guaranteed
- $881,250 (75%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 11/30/2023
- First disbursement
- 12/29/2023
- Days to fund
- 29 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
IncredibleBank
1 loan to this business- Total assets
- $2058.9B
- Deposits
- $1775.2B
- Loans outstanding
- $1517.1B
- Net income
- $5.2B
- Return on assets
- 1.0024505205663856%
- Return on equity
- 13.2%
- Total equity
- $158.0B
- Offices
- 19
- Founded
- 12/0
- Headquarters
- 327 N 17th Ave, Wausau, WI, 54401
- FDIC cert
- 19772
- Website
- www.incrediblebank.com
Is Jalaram Hospitality Inc dba Covered Bridge Inn 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 Jalaram Hospitality Inc dba Covered Bridge Inn.