SBA lending record
Shri Springlake LLC
115 Lake Avenue, Spring Lake, NC 28390 · 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.
$5.0M
Total SBA financing
1
Loan on record
FY2021
On record
20
Jobs supported
Franchise brand
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
See Comfort Inn by Choice Hotels/Comfort 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
Is Shri Springlake LLC your business?
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The loan
$5,000,000 — FY2021
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Paid in full
- Rate at approval
- 4.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/17/2021
- First disbursement
- 7/12/2021
- Days to fund
- 25 days
- Paid in full
- 7/31/2024
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 20
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
- Franchise code
- S0410
- Lender
- Peoples Bank
- Address
- 115 Lake Avenue
- City
- Spring Lake, 28390
- County
- Cumberland
- SBA district office
- NORTH CAROLINA DISTRICT OFFICE
- Congressional district
- 8
The lender
Find SBA lenders for businesses like this
The banks most active funding hotels (except casino hotels) and motels — by location, industry, and brand.
Other Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice locations
Other Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice businesses in the public SBA record — closest first, by location and deal size.
SHIV SAI JAI INC
Fayetteville, NC· ~7 mi
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Olympus Hospitality LLC
Dunn, NC· ~23 mi
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
- $3.9M
- SBA financing
- ≈ $7.6M–$13M
- Est. revenue (rough)
Comfort Inn
Laurinburg, NC· ~39 mi
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
- $4.7M
- SBA financing
- ≈ $9.2M–$15M
- Est. revenue (rough)
PRAMUKHJI 100, LLC
Durham, NC· ~51 mi
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
- $4.8M
- SBA financing
- ≈ $9.4M–$16M
- Est. revenue (rough)
ICS Hospitality LLC
Lexington, NC· ~84 mi
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
- $4.4M
- SBA financing
- ≈ $8.6M–$14M
- Est. revenue (rough)
SweetHome MB Inc
Myrtle Beach, SC· ~103 mi
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- 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.
Radhe Hospitality LLC
Fayetteville, NC· ~6 mi
Days Inn by Wyndham
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Shri KC Investments LLC
Fayetteville, NC· ~6 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $4.3M
- SBA financing
- ≈ $8.4M–$14M
- Est. revenue (rough)
SHREE KANHA OF NC INC
Fayetteville, NC· ~14 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $4.6M
- SBA financing
- ≈ $8.9M–$15M
- Est. revenue (rough)
Shiv Sai of Fay, Inc.
Fayetteville, NC· ~6 mi
Red Lion Hotels
- $3.1M
- SBA financing
- ≈ $6.1M–$10M
- Est. revenue (rough)
Deluxe Inn
Fayetteville, NC· ~14 mi
Hotels (except Casino Hotels) and Motels
- $3.7M
- SBA financing
- ≈ $7.3M–$12M
- Est. revenue (rough)
Microtel Inn & Suites by Wyndham Southern Pines
Southern Pines, NC· ~25 mi
Microtel Inn & Suites by Wyndham
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Shri Springlake LLC in Spring Lake, 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 $5.0M
- On record FY2021
- 20 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Spring Lake, NC
- Lender: Peoples Bank
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 ~$5.0M 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.
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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 Shri Springlake LLC.