Hotels & Lodging · lender intelligence
How to finance a My Place Hotels in North Carolina
The SBA 7(a) lenders funding the most My Place Hotels deals in North Carolina, from public loan records — typical My Place Hotels loan about $5.0M. A bank already funding the brand in your state knows it twice over.
Most active with My Place Hotels in North Carolina
Ranked by funded My Place Hotels loans in North Carolina. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.83 loans · $143M · Los Angeles, CAFull record →
1+ funded My Place Hotels in North Carolina deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Sai Krishna LLC in Huntersville, NC — $5.0M (2023) · purchase · Open Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 20 days
- Approved
- 9/28/2023
- First disbursed
- 10/18/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $5.6M
- Est. down payment (10%)
- $556K
- Est. cash at closing
- $769K
- Monthly payment
- $43,685
- Annual debt service
- $524K
- Cash flow needed (1.25×)
- $655K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Open Bank · Lender record →
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Buying a My Place Hotels in North Carolina? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded My Place Hotels loans with a North Carolina project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a My Place Hotels purchase in North Carolina with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded North Carolina deals. Open Bank funds the most here. DealRoom is not a lender.
- $5.0M typical My Place Hotels loan
- 1 lenders active in North Carolina
- 1+ funded North Carolina deals
- 20 days typical to fund
Buyers buying a My Place Hotels in North Carolina typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: