SBA lending record
Econo Lodge Inn & Suites
551 HIGHWAY 58 E, Norton, VA 24273 · 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.
$1.2M
Total SBA financing
1
Loan on record
FY2026
On record
6
Jobs supported
Franchise brand
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
See Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,245,000 — FY2026
- Gross approval
- $1,245,000
- SBA guaranteed
- $933,750 (75%)
- Status
- Current
- Rate at approval
- 8.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 12/5/2025
- First disbursement
- 12/15/2025
- Days to fund
- 10 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Econo Lodge Inn & Suites in Norton, VA (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 $1.2M
- On record FY2026
- 6 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Norton, VA
- Lender: US Metro Bank
Is Econo Lodge Inn & Suites your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 Econo Lodge Inn & Suites.