How risky is Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice ?

1.43% of Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice 's FY2020–23 deals failed and were written off. Under 1% is excellent; 1–3% is normal; above 3% deserves hard questions before the LOI.

Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice SBA Intelligence: Real Cost, Rates & Failure Rate

Q: How much does a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice cost to buy or open?

The typical deal for Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice is $1.7M across 89 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $190K of buyer cash on a typical deal.

Q: Can I finance a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice with an SBA loan?

Yes — Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice has been SBA-financed 8 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Recent financings

GM Hospitality, LLC in Concord, NC — $1.9M (2026) · PCB Bank

Program: Preferred Lenders Program
Rate at approval: 8% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $613K (33%)
Approved: 1/13/2026
Loan status: Cancelled
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 5
Business age: Existing or more than 2 years old
Industry: Hotels (except Casino Hotels) and Motels

Funded by PCB Bank · Lender record →

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Rodeway Inn Leadville in Leadville, CO — $1.8M (2026) · U.S. Bank, National Association

Program: Preferred Lenders Program
Rate at approval: 7.69% fixed
Term: 300 mo (25 yrs)
SBA guaranteed: $1.3M (75%)
Approval → funding: 50 days
Approved: 11/13/2025
First disbursed: 1/2/2026
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported

HAM INC. in Barboursville, WV — $4.1M (2025) · purchase · GBank

Program: Preferred Lenders Program
Rate at approval: 8.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $3.1M (75%)
Approval → funding: 39 days
Approved: 3/13/2025
First disbursed: 4/21/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 16

Shri Hotels, LLC in Florence, SC — $1.7M (2025) · purchase · Bank of Oak Ridge

Program: Preferred Lenders Program
Rate at approval: 9.15% variable
Term: 306 months
SBA guaranteed: $1.3M (75%)
Approval → funding: 25 days
Approved: 6/23/2025
First disbursed: 7/18/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors

DH Hotels LLC in Charlotte, NC — $1.6M (2025) · purchase · GBank

Program: Preferred Lenders Program
Rate at approval: 8.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.2M (75%)
Approval → funding: 1 days
Approved: 4/16/2025
First disbursed: 4/17/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors

Destiny Hospitality LLC in Hesston, KS — $1.4M (2025) · purchase · The Walton State Bank

Program: 7a General
Rate at approval: 8.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.0M (75%)
Approval → funding: 11 days
Approved: 7/17/2025
First disbursed: 7/28/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported

RODEWAY INN in Hermiston, OR — $1.2M (2025) · US Metro Bank

Program: Preferred Lenders Program
Rate at approval: 8.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $900K (75%)
Approval → funding: 92 days
Approved: 9/29/2025
First disbursed: 12/30/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors

Rodeway Inn Elko Downtown Area in Elko, NV — $1.0M (2025) · purchase · First Western SBLC, Inc

Program: Preferred Lenders Program
Rate at approval: 8.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $770K (75%)
Approval → funding: 11 days
Approved: 9/19/2025
First disbursed: 9/30/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

Rodeway Inn Airport in Charlotte, NC — $5.0M (2024) · purchase · GBank

Program: Preferred Lenders Program
Rate at approval: 9.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $3.8M (75%)
Approval → funding: 7 days
Approved: 9/10/2024
First disbursed: 9/17/2024
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors

Rodeway Inn & Suites in Charles Town, WV — $3.9M (2024) · purchase · Open Bank

Program: Preferred Lenders Program
Rate at approval: 9.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $2.9M (75%)
Approval → funding: 36 days
Approved: 7/3/2024
First disbursed: 8/8/2024
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice , by the numbers

Recent financings

Who funds Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice — and where

Common questions

How much does a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice cost to buy or open?

How risky is Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice ?

Can I finance a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice with an SBA loan?

AI summary