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SBA lending record

116th Street Center LLC

1700 S BOONE ST, Aberdeen, WA 98520 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$890K

Total SBA financing

1

Loan on record

FY2024

On record

5

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$890,000 — FY2024

Gross approval: $890,000
SBA guaranteed: $667,500 (75%)
Status: Cancelled
Rate at approval: 9.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/23/2024
Collateral: Required
Jobs supported: 5
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Hotels (except Casino Hotels) and Motels
NAICS code: 721110
Lender: Commonwealth Business Bank
Address: 1700 S BOONE ST
City: Aberdeen, 98520
County: Grays Harbor
SBA district office: SEATTLE DISTRICT OFFICE
Congressional district: 6

The lender

Commonwealth Business Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding hotels (except casino hotels) and motels — by location, industry.

SBA lenders in Washington Lenders for hotels (except casino hotels) and motels Hotels (except Casino Hotels) and Motels lenders in Washington

Similar businesses

Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Waterview Capital Improvements LLC

Aberdeen, WA· ~0 mi

Hotels (except Casino Hotels) and Motels

$1.2M
SBA financing: ≈ $2.3M–$3.8M
Est. revenue (rough)

View record

JSN LODGING INC

Aberdeen, WA· ~1 mi

Hotels (except Casino Hotels) and Motels

$1.8M
SBA financing: ≈ $3.5M–$5.8M
Est. revenue (rough)

View record

Marathon Enterprises, Inc.

Aberdeen, WA· ~1 mi

Travelodge by Wyndham

$1.8M
SBA financing: ≈ $3.6M–$6.0M
Est. revenue (rough)

View record

HA FAMILY, LLC

Ocean City, WA· ~18 mi

Hotels (except Casino Hotels) and Motels

$665K
SBA financing: ≈ $1.3M–$2.2M
Est. revenue (rough)

View record

K&K Elegance Inc

Copalis Beach, WA· ~20 mi

Hotels (except Casino Hotels) and Motels

$1.2M
SBA financing: ≈ $2.4M–$4.0M
Est. revenue (rough)

View record

Hongbok, LLC

Aberdeen, WA· ~1 mi

Travelodge by Wyndham

$2.7M
SBA financing: ≈ $5.3M–$8.8M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for 116th Street Center LLC in Aberdeen, WA (Hotels (except Casino Hotels) and Motels). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $890K
On record FY2024
5 jobs supported
Industry: Hotels (except Casino Hotels) and Motels
Location: Aberdeen, WA
Lender: Commonwealth Business Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in WA for ~$890k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/116th-street-center-llc-wa
API:: https://dealroom.so/api/public/businesses/116th-street-center-llc-wa
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with 116th Street Center LLC.