SBA lending record
SHREENARAYAN LODGING LLC
3243 S RIDGE DR SW, Cedar Rapids, IA 52404 · 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.
$1.9M
Total SBA financing
1
Loan on record
FY2020
On record
12
Jobs supported
Franchise brand
Best Western / Best Western Plus - Membership Agreement
See Best Western / Best Western Plus - Membership Agreement'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
$1,868,500 — FY2020
- Gross approval
- $1,868,500
- SBA guaranteed
- $1,401,375 (75%)
- Status
- Paid in full
- Rate at approval
- 7.5% v
- Term
- 301 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 3/10/2020
- First disbursement
- 3/31/2020
- Days to fund
- 21 days
- Paid in full
- 11/30/2023
- Collateral
- Required
The lender
Stearns Bank National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for SHREENARAYAN LODGING LLC in Cedar Rapids, IA (Hotels (except Casino Hotels) and Motels). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $1.9M
- On record FY2020
- 12 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Cedar Rapids, IA
- Lender: Stearns Bank National Association
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is SHREENARAYAN LODGING LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 SHREENARAYAN LODGING LLC.