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LA
Lake Charles
Shankara LLC
SBA 7(a)
PURCH(NOT C/O)
Shankara LLC
Lake Charles, LA
First Western SBLC, Inc
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$4,190,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2023-09-21
9.5% rate
JOBS SUPPORTED
8
Borrower-reported
Loan details & location
LOCATION
Lake Charles, LA 70601
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
PURCH(NOT C/O)
Lake Charles, LA 70601
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