SBA Loans for Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels Franchises
Who actually funds Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels SBA loans
Ranked by number of Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | GBank | 25 | $91.6M | $3.7M |
| 2 | Celtic Bank Corporation | 5 | $15.9M | $3.2M |
| 3 | Wallis Bank | 3 | $8.7M | $2.9M |
| 3 | First Western SBLC, LLC d/b/a Peachtree Group | 3 | $8.9M | $3.0M |
| 3 | Peoples Bank | 3 | $13.1M | $4.4M |
| 6 | The Huntington National Bank | 2 | $8.8M | $4.4M |
| 6 | US Metro Bank | 2 | $5.0M | $2.5M |
| 6 | SouthPoint Bank | 2 | $8.3M | $4.1M |
| 6 | Pinnacle Bank | 2 | $2.3M | $1.1M |
| 6 | Millennium Bank | 2 | $6.3M | $3.2M |
| 6 | Commonwealth Business Bank | 2 | $6.5M | $3.2M |
| 12 | Bank of Travelers Rest | 1 | $3.0M | $3.0M |
| 12 | Gulf Coast Bank | 1 | $2.7M | $2.7M |
| 12 | IncredibleBank | 1 | $1.9M | $1.9M |
| 12 | Legence Bank | 1 | $4.2M | $4.2M |
| 12 | Merchants Bank of Indiana | 1 | $3.9M | $3.9M |
| 12 | New Millennium Bank | 1 | $4.1M | $4.1M |
| 12 | Newtek Small Business Finance, LLC | 1 | $1.3M | $1.3M |
| 12 | Embassy National Bank | 1 | $5.0M | $5.0M |
| 12 | PCB Bank | 1 | $2.0M | $2.0M |
| 12 | American Bank | 1 | $4.2M | $4.2M |
| 12 | Readycap Lending, LLC | 1 | $4.6M | $4.6M |
| 12 | Shoreham Bank | 1 | $3.4M | $3.4M |
| 12 | T Bank, National Association | 1 | $2.9M | $2.9M |
| 12 | The Freedom Bank of Virginia | 1 | $2.5M | $2.5M |
| 12 | TowneBank | 1 | $3.0M | $3.0M |
| 12 | United Midwest Savings Bank National Association | 1 | $1.9M | $1.9M |
| 12 | U.S. Bank, National Association | 1 | $2.3M | $2.3M |
| 12 | Centerstone SBA Lending, Inc. | 1 | $4.2M | $4.2M |
| 12 | Open Bank | 1 | $2.8M | $2.8M |
| 12 | Enterprise Bank & Trust | 1 | $3.9M | $3.9M |
| 12 | Farmers State Bank of Alto Pass, Illinois | 1 | $5.0M | $5.0M |
| 12 | First Community Bank | 1 | $3.6M | $3.6M |
| 12 | First Utah Bank | 1 | $4.3M | $4.3M |
| 12 | Fountainhead SBF LLC | 1 | $676K | $676K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels loan in this period, ranked by loan count.
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| SC | 9 | $31.8M | $3.5M |
| NC | 7 | $29.4M | $4.2M |
| FL | 6 | $26.4M | $4.4M |
| IL | 6 | $20.2M | $3.4M |
| GA | 5 | $19.7M | $3.9M |
| TX | 8 | $18.6M | $2.3M |
| OH | 4 | $10.6M | $2.6M |
| AL | 3 | $10.2M | $3.4M |
| WI | 4 | $10.1M | $2.5M |
| MS | 2 | $8.9M | $4.4M |
| NM | 2 | $8.6M | $4.3M |
| CA | 4 | $7.7M | $1.9M |
| VA | 2 | $6.7M | $3.3M |
| NE | 1 | $5.0M | $5.0M |
| IN | 2 | $4.8M | $2.4M |
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels SBA loans by year
How Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels SBA loans have performed
Outcomes for every funded Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
SBA lender notes for Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotelsfrom the SBA Franchise Directory
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.
How to use this
The lenders above have actually closed SBA 7(a) loans for Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels 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, and we match your Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels deal to a lender currently funding this brand.
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