Somnath Hospitality Llc

207 N Sandy Creek Dr, Seymour, IN 47274 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$4.6M

Jobs Supported

12

Years Active

2018–2025

Loan History (2)

Source: SBA FOIA
7(a)$2,415,800
Exempt
Approved
Apr 25, 2025 (FY2025)
SBA Guaranteed
$1,811,850 (75%)
Term
300 months (25.0 yrs)
Interest Rate
8.50%
Revolver
0
Jobs Supported
7
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

Gbank

9115 W Russell Rd, Ste 110, Las Vegas, NV 89148

Project Location

Jackson County, IN

7(a)$2,225,000
Paid in Full
Approved
May 14, 2018 (FY2018)
SBA Guaranteed
$1,668,750 (75%)
Term
300 months (25.0 yrs)
Interest Rate
6.75%
Revolver
0
Jobs Supported
5
Business Type
Corporation
Business Age
Unanswered
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
May 31, 2025

Lender

Celtic Bank Corporation

268 S State St, Ste 300, Salt Lake City, UT 84111

Project Location

Jackson County, IN

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
207 N Sandy Creek Dr
Seymour, IN 47274

Lenders

Gbank
9115 W Russell Rd, Ste 110, Las Vegas, NV 89148
Celtic Bank Corporation
268 S State St, Ste 300, Salt Lake City, UT 84111

Other SBA Borrowers in Seymour

Advertisement