SBA lending record
Payal Hospitality1 LLC
12 E 22nd St, Lanett, AL 36863 · 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.
$880K
Total SBA financing
1
Loan on record
FY2021
On record
5
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 — business location is the ZIP-area centroid from the public record
Is Payal Hospitality1 LLC your business?
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The loan
$880,000 — FY2021
- Gross approval
- $880,000
- SBA guaranteed
- $792,000 (90%)
- Status
- Current
- Rate at approval
- 4.75% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/30/2021
- First disbursement
- 6/25/2021
- Days to fund
- 56 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
Coastal States Bank
1 loan to this business- Total assets
- $2346.2B
- Deposits
- $2059.6B
- Loans outstanding
- $1811.0B
- Net income
- $6.4B
- Return on assets
- 1.105185253990493%
- Return on equity
- 10%
- Total equity
- $258.5B
- Offices
- 11
- Founded
- 08/0
- Headquarters
- 5 Bow Cir, Hilton Head Island, SC, 29928
- FDIC cert
- 57756
- Website
- www.coastalstatesbank.com
Is Payal Hospitality1 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 Payal Hospitality1 LLC.