SBA lending record
Shankara LLC
1016 N MARTIN LUTHER KING HWY, Lake Charles, LA 70601 · 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.
$4.2M
Total SBA financing
1
Loan on record
FY2023
On record
8
Jobs supported
Franchise brand
Comfort Suites by Choice Hotels
See Comfort Suites by Choice Hotels'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
Is Shankara LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$4,190,000 — FY2023
- Gross approval
- $4,190,000
- SBA guaranteed
- $3,142,500 (75%)
- Status
- In workout — SBA bought the guarantee
- 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
- 9/21/2023
- First disbursement
- 12/8/2023
- Days to fund
- 78 days
- 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
- Comfort Suites by Choice Hotels
- Franchise code
- S2785
- Lender
- First Western SBLC, Inc
- Address
- 1016 N MARTIN LUTHER KING HWY
- City
- Lake Charles, 70601
- County
- Calcasieu
- SBA district office
- LOUISIANA DISTRICT OFFICE
- Congressional district
- 3
The lender
First Western SBLC, Inc
1 loan to this businessFind SBA lenders for businesses like this
The banks most active funding hotels (except casino hotels) and motels — by location, industry, and brand.
Other Comfort Suites by Choice Hotels locations
Other Comfort Suites by Choice Hotels businesses in the public SBA record — closest first, by location and deal size.
JPPIN LLC
Lake Charles, LA· ~0 mi
Comfort Suites by Choice Hotels
- $3.7M
- SBA financing
- ≈ $7.3M–$12M
- Est. revenue (rough)
SWEET HOME HOSPITALITY LLC
Leesville, LA· ~63 mi
Comfort Suites by Choice Hotels
- $4.8M
- SBA financing
- ≈ $9.4M–$16M
- Est. revenue (rough)
CSG HOTEL MANAGEMENT LLC
Galveston, TX· ~122 mi
Comfort Suites by Choice Hotels
- $4.3M
- SBA financing
- ≈ $8.4M–$14M
- Est. revenue (rough)
6015 Old Boyce Hotel, LLC
Alexandria, LA· ~85 mi
Comfort Suites by Choice Hotels
- $3.7M
- SBA financing
- ≈ $7.2M–$12M
- Est. revenue (rough)
Comfort Suites Houston Westchase
Houston, TX· ~147 mi
Comfort Suites by Choice Hotels
- $3.2M
- SBA financing
- ≈ $6.3M–$11M
- Est. revenue (rough)
Shiv SRJ C1 LLC
Channelview, TX· ~121 mi
Comfort Suites by Choice Hotels
- $2.6M
- SBA financing
- ≈ $5.2M–$8.6M
- Est. revenue (rough)
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.
PARK CAPITAL ACQ LLC
Lake Charles, LA· ~3 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Satguru Investments LLC
Lake Charles, LA· ~4 mi
Best Western / Best Western Plus - Membership Agreement
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
GURUKIRPA LLC
Lake Charles, LA· ~0 mi
Best Western / Best Western Plus - Membership Agreement
- $2.1M
- SBA financing
- ≈ $4.2M–$6.9M
- Est. revenue (rough)
Requis H-One, LLC
Sulphur, LA· ~12 mi
Days Inn by Wyndham
- $4.3M
- SBA financing
- ≈ $8.5M–$14M
- Est. revenue (rough)
Sulphur Lodging, LLC
Sulphur, LA· ~18 mi
Garner
- $2.3M
- SBA financing
- ≈ $4.6M–$7.6M
- Est. revenue (rough)
SAVITA HOSPITALITY, L.L.C.
Sulphur, LA· ~18 mi
Studio 6
- $2.7M
- SBA financing
- ≈ $5.3M–$8.9M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Shankara LLC in Lake Charles, LA (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 $4.2M
- On record FY2023
- 8 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Lake Charles, LA
- Lender: First Western SBLC, Inc
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 LA for ~$4.2M 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.
- Methodology:
- Sources & methodology
- 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.
Is Shankara LLC your business?
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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 Shankara LLC.