How to finance a Clarion Inn by Choice Hotels/Clarion Inn & Suites by Choice in Washington

1+ funded Clarion Inn by Choice Hotels/Clarion Inn & Suites by Choice in Washington 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.

• Wenatchee Hotel LLC in Wenatchee, WA — $5.0M (2023) · purchase · First Western SBLC, Inc

  Program

  Preferred Lenders Program

  Rate at approval

  10% variable

  Term

  300 mo (25 yrs)

  SBA guaranteed

  $3.8M (75%)

  Approval → funding

  11 days

  Approved

  9/19/2023

  First disbursed

  9/30/2023

  Loan status

  Current

  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

  $5.6M

  Est. down payment (10%)

  $556K

  Est. cash at closing

  $769K

  Monthly payment

  $45,435

  Annual debt service

  $545K

  Cash flow needed (1.25×)

  $682K

  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