Hotels & Lodging · lender intelligence
How to finance a Best Western / Best Western Plus - Membership Agreement in Illinois
The SBA 7(a) lenders funding the most Best Western / Best Western Plus - Membership Agreement deals in Illinois, from public loan records — typical Best Western / Best Western Plus - Membership Agreement loan about $3.3M. A bank already funding the brand in your state knows it twice over.
Most active with Best Western / Best Western Plus - Membership Agreement in Illinois
Ranked by funded Best Western / Best Western Plus - Membership Agreement loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.98 loans · $309M · Las Vegas, NVFull record →
- 2.1 loans · $0M · Ooltewah, TNFull record →
- 3.12 loans · $24M · South Bend, INFull record →
- 4.42 loans · $48M · Los Angeles, CAFull record →
- 5.32 loans · $37M · Champaign, ILFull record →
- 6.36 loans · $51M · Carmel, INFull record →
9+ funded Best Western / Best Western Plus - Membership Agreement in Illinois deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Best Western Annawan Inn in Annawan, IL — $2.3M (2025) · Centerstone SBA Lending, Inc.
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.7M (75%)
- Approval → funding
- 10 days
- Approved
- 5/13/2025
- First disbursed
- 5/23/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Centerstone SBA Lending, Inc. · Lender record →
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- Alton MRSS LLC in Alton, IL — $3.3M (2024) · Everwise Credit Union
- Program
- 7a General
- Rate at approval
- 9.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.5M (75%)
- Approval → funding
- 23 days
- Approved
- 8/13/2024
- First disbursed
- 9/5/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 13
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Everwise Credit Union · Lender record →
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- Sycamore Hospitality, LLC in Sycamore, IL — $3.0M (2022) · Merchants Bank of Indiana
- Program
- 7a General
- Rate at approval
- 4.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.2M (75%)
- Approval → funding
- 29 days
- Approved
- 3/24/2022
- First disbursed
- 4/22/2022
- Loan status
- Paid in full (7/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 40
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Merchants Bank of Indiana · Lender record →
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- Gold Star Management, LLC in Springfield, IL — $2.4M (2022) · Bank & Trust Company
- Program
- 7a General
- Rate at approval
- 4.8% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 41 days
- Approved
- 8/25/2022
- First disbursed
- 10/5/2022
- Loan status
- Paid in full (12/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Bank & Trust Company
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- AARYA HOSPITALITY LLC in Moline, IL — $2.0M (2022) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.5M (75%)
- Approval → funding
- 6 days
- Approved
- 4/6/2022
- First disbursed
- 4/12/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $2.2M
- Est. down payment (10%)
- $224K
- Est. cash at closing
- $308K
- Monthly payment
- $12,075
- Annual debt service
- $145K
- Cash flow needed (1.25×)
- $181K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by GBank · Lender record →
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- Vision Hotels LLC in South Holland, IL — $4.4M (2021) · Millennium Bank
- Program
- 7a General
- Rate at approval
- 5% variable
- Term
- 312 mo (26 yrs)
- SBA guaranteed
- $3.3M (75%)
- Approval → funding
- 30 days
- Approved
- 12/21/2020
- First disbursed
- 1/20/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 16
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Millennium Bank · Lender record →
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- SHREEGANPATIDADA LLC in Franklin Park, IL — $3.8M (2021) · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.5M (90%)
- Approval → funding
- 9 days
- Approved
- 9/21/2021
- First disbursed
- 9/30/2021
- Loan status
- Paid in full (12/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 15
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by GBank · Lender record →
Your business? Claim this record · Request removal
- Columbia Lodging Management, Inc in Oswego, IL — $3.3M (2021) · purchase · First Western SBLC, Inc
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.0M (90%)
- Approval → funding
- 55 days
- Approved
- 8/3/2021
- First disbursed
- 9/27/2021
- Loan status
- Paid in full (2/28/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $3.7M
- Est. down payment (10%)
- $367K
- Est. cash at closing
- $506K
- Monthly payment
- $19,291
- Annual debt service
- $231K
- Cash flow needed (1.25×)
- $289K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Western SBLC, Inc
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- AUCTUS LLC in Bloomington, IL — $1.9M (2021) · Busey Bank
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.5M (75%)
- Approval → funding
- 15 days
- Approved
- 10/16/2020
- First disbursed
- 10/31/2020
- Loan status
- Paid in full (4/30/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 13
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Busey Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Best Western / Best Western Plus - Membership Agreement in Illinois? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded Best Western / Best Western Plus - Membership Agreement loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Best Western / Best Western Plus - Membership Agreement purchase in Illinois with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Illinois deals. GBank funds the most here. DealRoom is not a lender.
- $3.3M typical Best Western / Best Western Plus - Membership Agreement loan
- 8 lenders active in Illinois
- 9+ funded Illinois deals
- 23 days typical to fund
Buyers buying a Best Western / Best Western Plus - Membership Agreement in Illinois typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.