Hotels & Lodging · lender intelligence
How to finance a Quality Inn by Choice Hotels /Quality Inn & Suites by Choice in Indiana
The SBA 7(a) lenders funding the most Quality Inn by Choice Hotels /Quality Inn & Suites by Choice deals in Indiana, from public loan records — typical Quality Inn by Choice Hotels /Quality Inn & Suites by Choice loan about $2.7M. A bank already funding the brand in your state knows it twice over.
Most active with Quality Inn by Choice Hotels /Quality Inn & Suites by Choice in Indiana
Ranked by funded Quality Inn by Choice Hotels /Quality Inn & Suites by Choice loans in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.98 loans · $309M · Las Vegas, NVFull record →
- 2.2,539 loans · $965M · Columbus, OHFull record →
- 3.36 loans · $51M · Carmel, INFull record →
- 4.242 loans · $281M · Chicago, ILFull record →
- 5.41 loans · $77M · Warwick, RIFull record →
- 6.1 loans · $0M · Ooltewah, TNFull record →
- 7.575 loans · $220M · De Graff, OHFull record →
15+ funded Quality Inn by Choice Hotels /Quality Inn & Suites by Choice in Indiana 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.
- Sanjog LLC in Portage, IN — $2.4M (2026) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 47 days
- Approved
- 11/14/2025
- First disbursed
- 12/31/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $2.7M
- Est. down payment (10%)
- $267K
- Est. cash at closing
- $368K
- Monthly payment
- $20,969
- Annual debt service
- $252K
- Cash flow needed (1.25×)
- $315K
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 →
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- ANJANEYA FISHERS LLC in Fishers, IN — $5.0M (2025) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 98 days
- Approved
- 10/24/2024
- First disbursed
- 1/30/2025
- Loan status
- Current
- 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
- $5.6M
- Est. down payment (10%)
- $556K
- Est. cash at closing
- $769K
- Monthly payment
- $41,107
- Annual debt service
- $493K
- Cash flow needed (1.25×)
- $617K
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
- QUALITY INN SUITES RICHMOND IN in Richmond, IN — $4.9M (2024) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.7M (75%)
- Approval → funding
- 67 days
- Approved
- 11/16/2023
- First disbursed
- 1/22/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $5.5M
- Est. down payment (10%)
- $548K
- Est. cash at closing
- $758K
- Monthly payment
- $44,817
- Annual debt service
- $538K
- Cash flow needed (1.25×)
- $672K
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
- Kastbhanjan Dev Hospitality LLC in Columbus, IN — $2.7M (2024) · Shoreham Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.0M (75%)
- Approval → funding
- 14 days
- Approved
- 7/1/2024
- First disbursed
- 7/15/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- 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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- SIKOMA LLC in Elkhart, IN — $1.9M (2024) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.4M (75%)
- Approval → funding
- 8 days
- Approved
- 9/17/2024
- First disbursed
- 9/25/2024
- Loan status
- Current
- 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
- $2.1M
- Est. down payment (10%)
- $210K
- Est. cash at closing
- $289K
- Monthly payment
- $16,860
- Annual debt service
- $202K
- Cash flow needed (1.25×)
- $253K
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
- 1600 W LAFAYETTE INC in West Lafayette, IN — $3.8M (2023) · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.9M (75%)
- Approval → funding
- 28 days
- Approved
- 7/28/2023
- First disbursed
- 8/25/2023
- Loan status
- Paid in full (7/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 20
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by GBank · Lender record →
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- Sun Hotel Inc in Merrillville, IN — $3.1M (2022) · Byline Bank
- Program
- 7a General
- Rate at approval
- 5.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.3M (75%)
- Approval → funding
- 13 days
- Approved
- 2/3/2022
- First disbursed
- 2/16/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 17
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- 4SEYMOUR LLC in Seymour, IN — $2.5M (2022) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.9M (75%)
- Approval → funding
- 6 days
- Approved
- 11/23/2021
- First disbursed
- 11/29/2021
- Loan status
- Current
- 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
- $2.8M
- Est. down payment (10%)
- $278K
- Est. cash at closing
- $383K
- Monthly payment
- $14,253
- Annual debt service
- $171K
- Cash flow needed (1.25×)
- $214K
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
- RACHNA INVESTMENT LLC in Michigan City, IN — $2.1M (2022) · purchase · Merchants Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.6M (75%)
- Approval → funding
- 6 days
- Approved
- 3/25/2022
- First disbursed
- 3/31/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 17
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $2.4M
- Est. down payment (10%)
- $237K
- Est. cash at closing
- $326K
- Monthly payment
- $12,466
- Annual debt service
- $150K
- Cash flow needed (1.25×)
- $187K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
- DARK PELICAN LLC in South Bend, IN — $3.8M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.5M (90%)
- Approval → funding
- 7 days
- Approved
- 3/24/2021
- First disbursed
- 3/31/2021
- Loan status
- Paid in full (4/30/2023)
- 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
- $4.3M
- Est. down payment (10%)
- $427K
- Est. cash at closing
- $591K
- Monthly payment
- $23,041
- Annual debt service
- $276K
- Cash flow needed (1.25×)
- $346K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- RALIAM HOSPITALITY GROUP, LLC in Muncie, IN — $2.4M (2021) · purchase · Merchants Bank of Indiana
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 25 days
- Approved
- 5/14/2021
- First disbursed
- 6/8/2021
- Loan status
- In workout — SBA bought the guarantee
- 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
- $2.6M
- Est. down payment (10%)
- $262K
- Est. cash at closing
- $362K
- Monthly payment
- $13,806
- Annual debt service
- $166K
- Cash flow needed (1.25×)
- $207K
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 Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
- Krial LLC in Columbus, IN — $2.2M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 299 months
- SBA guaranteed
- $2.0M (90%)
- Approval → funding
- 49 days
- Approved
- 9/28/2021
- First disbursed
- 11/16/2021
- Loan status
- Paid in full (7/31/2024)
- 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
- $2.4M
- Est. down payment (10%)
- $242K
- Est. cash at closing
- $333K
- Monthly payment
- $13,704
- Annual debt service
- $164K
- Cash flow needed (1.25×)
- $206K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- NAYE LLC in Lawrenceburg, IN — $3.5M (2020) · purchase · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.7M (75%)
- Approval → funding
- 21 days
- Approved
- 12/10/2019
- First disbursed
- 12/31/2019
- 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
- 15
- 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%)
- $393K
- Est. cash at closing
- $543K
- Monthly payment
- $22,239
- Annual debt service
- $267K
- Cash flow needed (1.25×)
- $334K
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 United Midwest Savings Bank National Association · Lender record →
Your business? Claim this record · Request removal
- CK Hospitality LLC in Hammond, IN — $2.9M (2020) · Millennium Bank
- Program
- 7a General
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.2M (75%)
- Approval → funding
- 9 days
- Approved
- 9/16/2020
- First disbursed
- 9/25/2020
- Loan status
- Paid in full (9/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 15
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Millennium Bank · Lender record →
Your business? Claim this record · Request removal
- GURU NANAK LLC in South Bend, IN — $2.7M (2020) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.0M (75%)
- Approval → funding
- 2 days
- Approved
- 9/21/2020
- First disbursed
- 9/23/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $3.0M
- Est. down payment (10%)
- $300K
- Est. cash at closing
- $414K
- Monthly payment
- $16,168
- Annual debt service
- $194K
- Cash flow needed (1.25×)
- $243K
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 Quality Inn by Choice Hotels /Quality Inn & Suites by Choice in Indiana? Start with a lender that funds them here
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded Quality Inn by Choice Hotels /Quality Inn & Suites by Choice loans with a Indiana project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Quality Inn by Choice Hotels /Quality Inn & Suites by Choice purchase in Indiana with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Indiana deals. GBank funds the most here. DealRoom is not a lender.
- $2.7M typical Quality Inn by Choice Hotels /Quality Inn & Suites by Choice loan
- 7 lenders active in Indiana
- 15+ funded Indiana deals
- 14 days typical to fund
Buyers buying a Quality Inn by Choice Hotels /Quality Inn & Suites by Choice in Indiana 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: