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SBA lending record

S&A Patel LLC

400 W Broad Ave, Rockingham, NC 28379 · 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.

$3.3M

Total SBA financing

1

Loan on record

FY2024

On record

8

Jobs supported

Franchise brand

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice

See Quality Inn by Choice Hotels /Quality Inn & Suites by Choice'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

$3,280,000 — FY2024

Gross approval
$3,280,000
SBA guaranteed
$2,460,000 (75%)
Status
Paid in full
Rate at approval
9.5% v
Term
300 mo (25 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Business purchase
Approved
4/22/2024
First disbursement
4/30/2024
Days to fund
8 days
Paid in full
6/30/2025
Collateral
Required
Sold on secondary market
Yes
Jobs supported
8
Business type
Corporation
Business age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels
NAICS code
721110
Franchise
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
Franchise code
S1373
Lender
GBank
Address
400 W Broad Ave
City
Rockingham, 28379
County
Richmond
SBA district office
NORTH CAROLINA DISTRICT OFFICE
Congressional district
9

The lender

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The banks most active funding hotels (except casino hotels) and motels — by location, industry, and brand.

Other Quality Inn by Choice Hotels /Quality Inn & Suites by Choice locations

Other Quality Inn by Choice Hotels /Quality Inn & Suites by Choice businesses in the public SBA record — closest first, by location and deal size.

Similar businesses

Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for S&A Patel LLC in Rockingham, NC (Hotels (except Casino Hotels) and Motels). CapBench 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 $3.3M
  • On record FY2024
  • 8 jobs supported
  • Industry: Hotels (except Casino Hotels) and Motels
  • Location: Rockingham, NC
  • Lender: GBank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in NC for ~$3.3M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with S&A Patel LLC.

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