Hibiscus Hotels Llc

4613 South Texas Ave., Bryan, TX 77802 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$4.8M

Jobs Supported

14

Years Active

2023–2023

Loan History (2)

Source: SBA FOIA
7(a)$50,000
Cancelled
Approved
Jun 21, 2023 (FY2023)
SBA Guaranteed
$37,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
9.50%
Revolver
0
Jobs Supported
7
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

Readycap Lending, Llc

200 Connell Drive, Berkeley Heights, NJ 7922

Project Location

Brazos County, TX

7(a)$4,750,000
Exempt
Approved
Jun 21, 2023 (FY2023)
SBA Guaranteed
$3,562,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
9.50%
Revolver
0
Jobs Supported
7
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

Readycap Lending, Llc

200 Connell Drive, Berkeley Heights, NJ 7922

Project Location

Brazos County, TX

Business Details

Business Type
Corporation
Business Age
New Business or 2 Years or Less
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
4613 South Texas Ave.
Bryan, TX 77802

Lender

Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922

Other SBA Borrowers in Bryan

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