Borrow Money to Buy a Hampton Inns Franchise

Need money to invest in a Hampton Inns franchise? Excel National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Hampton Inns franchise? If so, here's a 2007 SBA franchise loan that you should know about. Excel National Bank was the lender and the entrepreneur was based in Taos, New Mexico.

SBA Loan Borrower

HAMPTON INN TAOS
TAOS, NM 87571

SBA Loan Lender

EXCEL NATIONAL BANK
9701 WILSHIRE BLVD
BEVERLY HILLS, CA 90212

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

721110 - Hotels and Motels

Loan Approval Date

4/18/2007

Loan Approval Gross Amount

$331,000

Loan Approval from the SBA

Of the total $331,000 loan amount, the SBA guaranteed $248,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Hampton Inns franchise. At the time of the loan, the company had 16 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 16 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Hampton Inn/Hampton Inn & Suites

Business Credit Evaluation

Banks in Beverly Hills, California

Find an SBA Lender in California