# Laxmi & Sons II Inc, Latham NY: $3,500,000 SBA 7(a) loan approved 2026-03-24

**Fresh Capital Score:** 65/100

| Field | Value |
|---|---|
| Business | Laxmi & Sons II Inc |
| Location | Latham, NY, 12110 |
| County | ALBANY |
| Program | SBA 7(a) |
| Gross approval | $3,500,000 |
| SBA guaranteed | $2,625,000 |
| Approved | 2026-03-24 |
| Lender | Hudson Valley Federal Credit Union |
| Term (months) | 300 |
| Industry | Hotels (except Casino Hotels) and Motels |
| NAICS | 721110 |
| Franchise | Quality Inn |
| Business type | CORPORATION |
| Business age | Existing or more than 2 years old |
| Jobs supported | 20 |

## Why this score
- Approval of $2M or more: major new capital.
- Franchise (Quality Inn).
- 20 jobs supported.

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.