SBA lending record
Meer Magan LLC
2463 E SHARON RD, Cincinnati, OH 45241 · 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.
$3.0M
Total SBA financing
1
Loan on record
FY2023
On record
11
Jobs supported
Franchise brand
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
See Quality Inn by Choice Hotels /Quality Inn & Suites by Choice'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
$2,981,000 — FY2023
- Gross approval
- $2,981,000
- SBA guaranteed
- $2,235,750 (75%)
- Status
- Current
- Rate at approval
- 8.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/4/2022
- First disbursement
- 10/24/2022
- Days to fund
- 20 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
First Western SBLC, Inc
1 loan to this businessIs Meer Magan LLC your business?
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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 Meer Magan LLC.