Hotels & Lodging · lender intelligence
How to finance a Sonesta Simply Suites
The SBA 7(a) lenders funding the most Sonesta Simply Suites deals, ranked from public loan records — typical Sonesta Simply Suites loan about $5.0M. A bank that has funded the brand knows the model — faster approvals, better terms.
Most active with Sonesta Simply Suites
Ranked by funded Sonesta Simply Suites loans. Tap a lender to open its full record, or hit Get in touch for an introduction.
- 1.24 loans · $41M · Covington, LAFull record →
- 2.868 loans · $362M · Salt Lake City, UTFull record →
3+ funded Sonesta Simply Suites 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.
- CWP Cleveland I LLC in Cleveland, OH — $5.0M (2026) · American Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 5 days
- Approved
- 11/20/2025
- First disbursed
- 11/25/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 16
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by American Bank · Lender record →
Your business? Claim this record · Request removal
- CWP Dublin I, LLC in Dublin, OH — $5.0M (2026) · American Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 5 days
- Approved
- 12/4/2025
- First disbursed
- 12/9/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 13
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by American Bank · Lender record →
Your business? Claim this record · Request removal
- DASH HOTELS L.L.C. in Somerset, NJ — $5.0M (2023) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 20 days
- Approved
- 4/6/2023
- First disbursed
- 4/26/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 16
- 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
- $45,435
- Annual debt service
- $545K
- Cash flow needed (1.25×)
- $682K
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 Celtic Bank Corporation · Lender record →
Your business? Claim this record · Request removal
Buying a Sonesta Simply Suites? Start with a lender that has funded the brand
We'll point you to the SBA lenders already financing this brand — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
DealRoom analysis of public SBA 7(a) lending records; ranked by funded loans to Sonesta Simply Suites businesses. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Sonesta Simply Suites purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. American Bank funds the most. DealRoom is not a lender.
- $5.0M typical Sonesta Simply Suites loan
- 2 lenders fund the brand
- 5 days typical to fund
Buyers researching a Sonesta Simply Suites typically pre-qualify for SBA 7(a) financing next, then ask DealRoom to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.