Hotels & Lodging · lender intelligence
How to finance a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice in Michigan
The SBA 7(a) lenders funding the most Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice deals in Michigan, from public loan records — typical Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice loan about $1.7M. A bank already funding the brand in your state knows it twice over.
Most active with Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice in Michigan
Ranked by funded Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1 loans · $0M · Ooltewah, TNFull record →
3+ funded Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice in Michigan 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.
- Axratit Inc in Saint Joseph, MI — $1.5M (2024) · purchase · Millennium Bank
- Program
- 7a General
- Rate at approval
- 10.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 26 days
- Approved
- 9/5/2024
- First disbursed
- 10/1/2024
- 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
- $1.7M
- Est. down payment (10%)
- $167K
- Est. cash at closing
- $229K
- Monthly payment
- $13,896
- Annual debt service
- $167K
- Cash flow needed (1.25×)
- $208K
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 Millennium Bank · Lender record →
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- THG Auburn Hills Hotel LLC in Auburn Hills, MI — $2.8M (2021) · purchase · First Western SBLC, Inc
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.2M (76%)
- Approval → funding
- 21 days
- Approved
- 8/10/2021
- First disbursed
- 8/31/2021
- 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
- $3.2M
- Est. down payment (10%)
- $316K
- Est. cash at closing
- $436K
- Monthly payment
- $17,019
- Annual debt service
- $204K
- Cash flow needed (1.25×)
- $255K
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 First Western SBLC, Inc
Your business? Claim this record · Request removal
- Ram Ki Inc. in Ironwood, MI — $560K (2020) · purchase · First Western SBLC, Inc
- Program
- Preferred Lenders Program
- Rate at approval
- 7% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $420K (75%)
- Approval → funding
- 64 days
- Approved
- 2/26/2020
- First disbursed
- 4/30/2020
- Loan status
- Paid in full (7/31/2022)
- 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
- $622K
- Est. down payment (10%)
- $62K
- Est. cash at closing
- $83K
- Monthly payment
- $3,958
- Annual debt service
- $47K
- Cash flow needed (1.25×)
- $59K
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 First Western SBLC, Inc
Your business? Claim this record · Request removal
Buying a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice in Michigan? 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 Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice loans with a Michigan project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice purchase in Michigan with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Michigan deals. Millennium Bank funds the most here. DealRoom is not a lender.
- $1.7M typical Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice loan
- 2 lenders active in Michigan
- 3+ funded Michigan deals
- 26 days typical to fund
Buyers buying a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice in Michigan 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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