SBA 7(a)Active, details exempt

Bal Ganesh LLC

DURHAM, NCGBankHotels (except Casino Hotels) and Motels · NAICS 721110

Search on Google Find lenders like this

APPROVAL AMOUNT

$5,000,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2026-04-09

7.75% rate

JOBS SUPPORTED

Borrower-reported

Estimated monthly payment

MONTHLY

$37,766

AT RATE

7.75%

recorded at approval

TOTAL INTEREST

$6,329,931

over 25 yrs

TOTAL REPAID

$11,329,931

Computed from this loan's recorded initial rate and term. Most 7(a) rates are variable and reset with the base rate, so the real schedule drifts from this, and SBA guaranty fees and closing costs are not included. Adjust the assumptions.

Loan details & location

LOCATION

DURHAM, NC 27705

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

7.75%

LOAN STATUS

Active, details exempt

CONGRESSIONAL DIST.

DURHAM, NC 27705

Other loans from this lender · GBank

ANN LOGISTICS, INC.

Couriers and Express Delivery Services · MACOMB, MI

7(a)$1,023,800

TUSCOLA HOTEL MANAGEMENT, INC.

Hotels (except Casino Hotels) and Motels · TUSCOLA, IL

7(a)$4,727,900

Prime Star Hospitality, Ltd.

Hotels (except Casino Hotels) and Motels · SAINT CLAIRSVILLE, OH

7(a)$2,875,000

View all 1,071 loans from GBank →

Nearby loans · within 10 miles

Sonesta Select at RTP Durham

First Internet Bank of Indiana · DURHAM

$4,300,000

Ardint Capital, Inc.

7(a)

First Internet Bank of Indiana · DURHAM

$3,122,000

Teach A Lot, Inc.

7(a)

Readycap Lending, LLC · DURHAM

$2,965,000