Hotels & Lodging · lender intelligence
How to finance a Red Roof Inn in Indiana
The SBA 7(a) lenders funding the most Red Roof Inn deals in Indiana, from public loan records — typical Red Roof Inn loan about $2.5M. A bank already funding the brand in your state knows it twice over.
Most active with Red Roof Inn in Indiana
Ranked by funded Red Roof Inn 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 →
- 2.41 loans · $77M · Warwick, RIFull record →
- 3.2,539 loans · $965M · Columbus, OHFull record →
- 4.1 loans · $1M · Cuba, MOFull record →
- 5.42 loans · $48M · Los Angeles, CAFull record →
8+ funded Red Roof Inn 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.
- OM PREM INDIANA LLC in Hammond, IN — $2.4M (2025) · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 10 days
- Approved
- 8/25/2025
- First disbursed
- 9/4/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 9
- 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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- RED ROOF INN MERRILLVILLE in Merrillville, IN — $4.1M (2023) · purchase · Centerstone SBA Lending, Inc.
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.1M (75%)
- Approval → funding
- 19 days
- Approved
- 9/9/2023
- First disbursed
- 9/28/2023
- 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
- 11
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $4.6M
- Est. down payment (10%)
- $455K
- Est. cash at closing
- $629K
- Monthly payment
- $37,229
- Annual debt service
- $447K
- Cash flow needed (1.25×)
- $558K
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 Centerstone SBA Lending, Inc. · Lender record →
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- Raja1 Inc in Fort Wayne, IN — $2.9M (2022) · Shoreham Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 2.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.2M (75%)
- Approval → funding
- 8 days
- Approved
- 1/13/2022
- First disbursed
- 1/21/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Shoreham Bank · Lender record →
Your business? Claim this record · Request removal
- Chinmay Hospitality LLC in Indianapolis, IN — $3.0M (2021) · Peoples Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.7M (90%)
- Approval → funding
- 2 days
- Approved
- 5/19/2021
- First disbursed
- 5/21/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Peoples Bank · Lender record →
Your business? Claim this record · Request removal
- ELKHART LODGING, LLC in Elkhart, IN — $3.0M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 299 months
- SBA guaranteed
- $2.7M (90%)
- Approval → funding
- 2 days
- Approved
- 5/11/2021
- First disbursed
- 5/13/2021
- 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
- $3.3M
- Est. down payment (10%)
- $329K
- Est. cash at closing
- $454K
- Monthly payment
- $17,333
- Annual debt service
- $208K
- Cash flow needed (1.25×)
- $260K
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
- Shivaya LLC in Indianapolis, IN — $2.7M (2021) · purchase · GBank
- Program
- 7a General
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.4M (90%)
- Approval → funding
- 8 days
- Approved
- 8/11/2021
- First disbursed
- 8/19/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 13
- 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%)
- $296K
- Est. cash at closing
- $408K
- Monthly payment
- $15,572
- Annual debt service
- $187K
- Cash flow needed (1.25×)
- $234K
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
- Shriji Hotel Inc in Marion, IN — $978K (2021) · Shoreham Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $880K (90%)
- Approval → funding
- 3 days
- Approved
- 9/27/2021
- First disbursed
- 9/30/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 9
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Shoreham Bank · Lender record →
Your business? Claim this record · Request removal
- GANPATI LLC in Michigan City, IN — $1.8M (2020) · purchase · GBank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 4 days
- Approved
- 7/13/2020
- First disbursed
- 7/17/2020
- 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
- $2.0M
- Est. down payment (10%)
- $199K
- Est. cash at closing
- $274K
- Monthly payment
- $10,488
- Annual debt service
- $126K
- Cash flow needed (1.25×)
- $157K
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 Red Roof Inn in Indiana? 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 Red Roof Inn loans with a Indiana project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Red Roof Inn 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.
- $2.5M typical Red Roof Inn loan
- 5 lenders active in Indiana
- 8+ funded Indiana deals
- 8 days typical to fund
Buyers buying a Red Roof Inn 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.