Hotels & Lodging · lender intelligence
How to finance a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho in Alabama
The SBA 7(a) lenders funding the most Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho deals in Alabama, from public loan records — typical Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho loan about $1.5M. A bank already funding the brand in your state knows it twice over.
Most active with Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho in Alabama
Ranked by funded Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho loans in Alabama. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.8 loans · $17M · Hilton Head Island, SCFull record →
- 2.98 loans · $309M · Las Vegas, NVFull record →
- 3.575 loans · $220M · De Graff, OHFull record →
- 4.1 loans · $1M · Cuba, MOFull record →
4+ funded Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho in Alabama 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.
- Hariyan, LLC in Russellville, AL — $2.2M (2025) · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.7M (75%)
- Approval → funding
- 17 days
- Approved
- 1/21/2025
- First disbursed
- 2/7/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by United Midwest Savings Bank National Association · Lender record →
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- ARB Hospitality LLC in Evergreen, AL — $1.2M (2021) · purchase · Peoples Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.1M (90%)
- Approval → funding
- 3 days
- Approved
- 7/20/2021
- First disbursed
- 7/23/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $138K
- Est. cash at closing
- $189K
- Monthly payment
- $7,431
- Annual debt service
- $89K
- Cash flow needed (1.25×)
- $111K
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 Peoples Bank · Lender record →
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- Payal Hospitality1 LLC in Lanett, AL — $880K (2021) · Coastal States Bank
- Program
- 7a General
- Rate at approval
- 4.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $792K (90%)
- Approval → funding
- 56 days
- Approved
- 4/30/2021
- First disbursed
- 6/25/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Coastal States Bank · Lender record →
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- Swami Shriji Inc. in Jasper, AL — $1.4M (2020) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.0M (75%)
- Approval → funding
- 68 days
- Approved
- 4/23/2020
- First disbursed
- 6/30/2020
- Loan status
- Paid in full (10/31/2022)
- 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
- $1.5M
- Est. down payment (10%)
- $155K
- Est. cash at closing
- $212K
- Monthly payment
- $7,747
- Annual debt service
- $93K
- Cash flow needed (1.25×)
- $116K
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 →
Your business? Claim this record · Request removal
Buying a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho in Alabama? 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 Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho loans with a Alabama project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho purchase in Alabama with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Alabama deals. Coastal States Bank funds the most here. DealRoom is not a lender.
- $1.5M typical Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho loan
- 4 lenders active in Alabama
- 4+ funded Alabama deals
- 56 days typical to fund
Buyers buying a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho in Alabama 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
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