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FranchisesRed Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites
SBA Franchise IDS1411✓ SBA-eligible franchise· listed since 2017

SBA Loans for Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites Franchises

Who actually funds Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2026.

5
SBA 7(a) loans
$6.8M
Total approved
$1.4M
Avg loan size
4
Lenders

Top lenders funding Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites SBA loans

Ranked by number of Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1US Metro Bank2$1.9M$966K
2Fulton Bank, National Association1$2.5M$2.5M
2Magyar Bank1$1.8M$1.8M
2Wallis Bank1$660K$660K

Source: SBA FOIA 7(a) loan-level data, 2021–2026. Shows lenders with at least one approved Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites loan in this period, ranked by loan count.

Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites SBA loans by state

StateLoansTotal VolumeAvg Loan
NJ2$4.3M$2.1M
OH1$1.1M$1.1M
OR1$881K$881K
AR1$660K$660K

Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites SBA loans by year

FY2021
1
$660K
FY2023
1
$2.5M
FY2024
1
$1.1M
FY2025
1
$1.8M
FY2026
1
$881K
SBA lender notes for Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suitesfrom the SBA Franchise Directory

1. If Applicant also operates under a management agreement with a third party, Lender/CDC must review the management agreement in accordance with SOP 50 10 to determine if there is affiliation between the Applicant and the management company. The Applicant is not eligible if the management company is, or is affiliated with, the franchisor. 2. Lender/CDC must ensure they obtain the correct lien position on all collateral as required pursuant to the SOP 50 10.

How to use this

The lenders above have actually closed SBA 7(a) loans for Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.

A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in — we match your Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites deal to a lender currently funding this brand.

Financing a Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites franchise?

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