SBA lending record
Paragon Hotel Group, LLC
5601 Carmichael Road, Montgomery, AL 36117 · 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.
$1.6M
Total SBA financing
1
Loan on record
FY2022
On record
14
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$1,650,000 — FY2022
- Gross approval
- $1,650,000
- SBA guaranteed
- $1,237,500 (75%)
- Status
- Current
- Rate at approval
- 6% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 4/6/2022
- First disbursement
- 5/5/2022
- Days to fund
- 29 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
State Bank of Texas
1 loan to this business- Total assets
- $2764.7B
- Deposits
- $2224.0B
- Loans outstanding
- $2207.8B
- Net income
- $27.2B
- Return on assets
- 3.935154251718984%
- Return on equity
- 26.95%
- Total equity
- $401.3B
- Offices
- 7
- Founded
- 10/1
- Headquarters
- 111 W John Carpenter Frwy, Irving, TX, 75039
- FDIC cert
- 27074
- Website
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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 Paragon Hotel Group, LLC.