SBA lending record
SB Hotel North LLC
1960 Ostrems Way, San Bernardino, CA 92407 · 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.
$5.0M
Total SBA financing
1
Loan on record
FY2020
On record
15
Jobs supported
Franchise brand
Motel 6
See Motel 6'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
$5,000,000 — FY2020
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 5.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/20/2020
- First disbursement
- 3/31/2020
- Days to fund
- 40 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
First General Bank
1 loan to this businessIs SB Hotel North 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 SB Hotel North LLC.