SBA lending record
Travelodge-Redding
540 North Market Street, Redding, CA 96003 · 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.
$2.3M
Total SBA financing
1
Loan on record
FY2021
On record
19
Jobs supported
Franchise brand
Travelodge by Wyndham
See Travelodge by Wyndham'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
$2,260,000 — FY2021
- Gross approval
- $2,260,000
- SBA guaranteed
- $2,034,000 (90%)
- Status
- In liquidation
- Rate at approval
- 5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/28/2021
- First disbursement
- 4/30/2021
- Days to fund
- 2 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Readycap Lending, LLC
1 loan to this businessFull lending record on the lender page.
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Travelodge-Redding.