Hotels & Lodging · lender intelligence
How to finance a Best Western / Best Western Plus - Membership Agreement in Michigan
The SBA 7(a) lenders funding the most Best Western / Best Western Plus - Membership Agreement deals in Michigan, 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 Michigan
Ranked by funded Best Western / Best Western Plus - Membership Agreement loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.41 loans · $77M · Warwick, RIFull record →
- 2.98 loans · $309M · Las Vegas, NVFull record →
5+ funded Best Western / Best Western Plus - Membership Agreement in Michigan 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.
- Grand Hospitality, LLC in Grand Rapids, MI — $4.6M (2023) · Shoreham Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.4M (75%)
- Approval → funding
- 14 days
- Approved
- 5/11/2023
- First disbursed
- 5/25/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 16
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Shoreham Bank · Lender record →
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- BENTON HARBOR CORPORATION in Benton Harbor, MI — $3.5M (2021) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.2M (89%)
- Approval → funding
- 12 days
- Approved
- 5/28/2021
- First disbursed
- 6/9/2021
- Loan status
- Paid in full (12/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $3.9M
- Est. down payment (10%)
- $394K
- Est. cash at closing
- $545K
- Monthly payment
- $20,738
- Annual debt service
- $249K
- Cash flow needed (1.25×)
- $311K
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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- Best Lodging LLC in Sault Sainte Marie, MI — $3.1M (2021) · Shoreham Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.8M (90%)
- Approval → funding
- 56 days
- Approved
- 9/14/2021
- First disbursed
- 11/9/2021
- Loan status
- Paid in full (5/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Shoreham Bank · Lender record →
Your business? Claim this record · Request removal
- Great Lakes Management LLC in Lapeer, MI — $2.9M (2021) · purchase · First Western SBLC, Inc
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.6M (90%)
- Approval → funding
- 21 days
- Approved
- 5/10/2021
- First disbursed
- 5/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 13
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $3.2M
- Est. down payment (10%)
- $322K
- Est. cash at closing
- $445K
- Monthly payment
- $16,953
- Annual debt service
- $203K
- Cash flow needed (1.25×)
- $254K
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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- Bhullar Hospitality Inc. in Davison, MI — $1.1M (2021) · purchase · First Western SBLC, Inc
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $825K (75%)
- Approval → funding
- 0 days
- Approved
- 12/16/2020
- First disbursed
- 12/16/2020
- Loan status
- Paid in full (1/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $1.2M
- Est. down payment (10%)
- $122K
- Est. cash at closing
- $168K
- Monthly payment
- $6,920
- Annual debt service
- $83K
- Cash flow needed (1.25×)
- $104K
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
Your business? Claim this record · Request removal
Buying a Best Western / Best Western Plus - Membership Agreement in Michigan? 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 Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Best Western / Best Western Plus - Membership Agreement purchase in Michigan with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Michigan deals. Shoreham Bank funds the most here. DealRoom is not a lender.
- $3.3M typical Best Western / Best Western Plus - Membership Agreement loan
- 3 lenders active in Michigan
- 5+ funded Michigan deals
- 21 days typical to fund
Buyers buying a Best Western / Best Western Plus - Membership Agreement in Michigan 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: