Hotels & Lodging · lender intelligence
How to finance a Extended Stay America Suites in Illinois
The SBA 7(a) lenders funding the most Extended Stay America Suites deals in Illinois, from public loan records — typical Extended Stay America Suites loan about $3.8M. A bank already funding the brand in your state knows it twice over.
Most active with Extended Stay America Suites in Illinois
Ranked by funded Extended Stay America Suites 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 →
- 2.242 loans · $281M · Chicago, ILFull record →
2+ funded Extended Stay America Suites 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.
- DIYA LANSING HOTELS, LLC in Lansing, IL — $4.0M (2024) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.0M (75%)
- Approval → funding
- 12 days
- Approved
- 10/5/2023
- First disbursed
- 10/17/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- 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%)
- $449K
- Est. cash at closing
- $621K
- Monthly payment
- $33,247
- Annual debt service
- $399K
- Cash flow needed (1.25×)
- $499K
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
- 1200 American Hotel LLC in Schaumburg, IL — $4.8M (2022) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.6M (75%)
- Approval → funding
- 21 days
- Approved
- 2/14/2022
- First disbursed
- 3/7/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $5.3M
- Est. down payment (10%)
- $529K
- Est. cash at closing
- $732K
- Monthly payment
- $30,669
- Annual debt service
- $368K
- Cash flow needed (1.25×)
- $460K
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Extended Stay America Suites 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 Extended Stay America Suites loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Extended Stay America Suites 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.
- $3.8M typical Extended Stay America Suites loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 21 days typical to fund
Buyers buying a Extended Stay America Suites 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.