How to finance a Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice in Nevada

1+ funded Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice in Nevada 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.

• Rodeway Inn Elko Downtown Area in Elko, NV — $1.0M (2025) · purchase · First Western SBLC, Inc

  Program

  Preferred Lenders Program

  Rate at approval

  8.5% variable

  Term

  300 mo (25 yrs)

  SBA guaranteed

  $770K (75%)

  Approval → funding

  11 days

  Approved

  9/19/2025

  First disbursed

  9/30/2025

  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

  $1.1M

  Est. down payment (10%)

  $114K

  Est. cash at closing

  $156K

  Monthly payment

  $8,270

  Annual debt service

  $99K

  Cash flow needed (1.25×)

  $124K

  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

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