Shri Jalaram Inc

2185 W Hanford Rd, Burlington, NC 27215 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$4.3M

Jobs Supported

27

Years Active

2014–2025

Loan History (3)

Source: SBA FOIA
7(a)$1,946,100
Exempt
Approved
Dec 26, 2024 (FY2025)
SBA Guaranteed
$1,459,575 (75%)
Term
300 months (25.0 yrs)
Interest Rate
7.75%
Revolver
0
Jobs Supported
9
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

U.s. Bank, National Association

425 Walnut St, Cincinnati, OH 45202

Project Location

Alamance County, NC

7(a)$617,000
Paid in Full
Approved
Mar 29, 2019 (FY2019)
SBA Guaranteed
$462,750 (75%)
Term
168 months (14.0 yrs)
Interest Rate
7.50%
Revolver
0
Jobs Supported
12
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Mar 31, 2025

Lender

Bankunited, National Association

14817 Oak Lane, Miami Lakes, FL 33016

Project Location

Alamance County, NC

7(a)$1,770,000
Paid in Full
Approved
Apr 18, 2014 (FY2014)
SBA Guaranteed
$1,327,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
6
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Mar 31, 2025

Lender

Bankunited, National Association

14817 Oak Lane, Miami Lakes, FL 33016

Project Location

Alamance County, NC

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
2185 W Hanford Rd
Burlington, NC 27215

Lenders

U.s. Bank, National Association
425 Walnut St, Cincinnati, OH 45202
Bankunited, National Association
14817 Oak Lane, Miami Lakes, FL 33016

Other SBA Borrowers in Burlington

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