Hotels & Lodging · lender intelligence
How to finance a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho in Minnesota
The SBA 7(a) lenders funding the most Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho deals in Minnesota, 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 Minnesota
Ranked by funded Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho loans in Minnesota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.98 loans · $309M · Las Vegas, NVFull record →
- 2.116 loans · $120M · Evansville, INFull record →
4+ funded Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho in Minnesota 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.
- Duluth Investments Group LLC in Hermantown, MN — $4.1M (2022) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.1M (75%)
- Approval → funding
- 2 days
- Approved
- 8/2/2022
- First disbursed
- 8/4/2022
- 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
- 2
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $4.5M
- Est. down payment (10%)
- $453K
- Est. cash at closing
- $626K
- Monthly payment
- $25,624
- Annual debt service
- $307K
- Cash flow needed (1.25×)
- $384K
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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- Artie's of Ortonville, Inc. in Ortonville, MN — $40K (2022) · Old National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.25% variable
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $20K (50%)
- Approval → funding
- 7 days
- Approved
- 2/15/2022
- First disbursed
- 2/22/2022
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Old National Bank · Lender record →
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- Twin Cities Hospitality LLC in Brainerd, MN — $2.5M (2021) · Coulee Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 2.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.2M (90%)
- Approval → funding
- 4 days
- Approved
- 3/5/2021
- First disbursed
- 3/9/2021
- Loan status
- Paid in full (9/30/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 70
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Coulee Bank
Your business? Claim this record · Request removal
- Twin Cities Hospitality LLC in Albert Lea, MN — $2.3M (2021) · Coulee Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 2.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.5M (65%)
- Approval → funding
- 1 days
- Approved
- 3/8/2021
- First disbursed
- 3/9/2021
- Loan status
- In liquidation
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 70
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Coulee Bank
Your business? Claim this record · Request removal
Buying a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho in Minnesota? 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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Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
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 Minnesota 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 Minnesota with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Minnesota deals. GBank funds the most here. DealRoom is not a lender.
- $1.5M typical Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho loan
- 3 lenders active in Minnesota
- 4+ funded Minnesota deals
- 4 days typical to fund
Buyers buying a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho in Minnesota 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: