Hotels & Lodging · lender intelligence
How to finance a Sonesta Simply Suites in New Jersey
The SBA 7(a) lenders funding the most Sonesta Simply Suites deals in New Jersey, from public loan records — typical Sonesta Simply Suites loan about $5.0M. A bank already funding the brand in your state knows it twice over.
Most active with Sonesta Simply Suites in New Jersey
Ranked by funded Sonesta Simply Suites loans in New Jersey. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.868 loans · $362M · Salt Lake City, UTFull record →
1+ funded Sonesta Simply Suites in New Jersey 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.
- 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 →
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Buying a Sonesta Simply Suites in New Jersey? 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 Sonesta Simply Suites loans with a New Jersey project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Sonesta Simply Suites purchase in New Jersey with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded New Jersey deals. Celtic Bank Corporation funds the most here. DealRoom is not a lender.
- $5.0M typical Sonesta Simply Suites loan
- 1 lenders active in New Jersey
- 1+ funded New Jersey deals
- 20 days typical to fund
Buyers buying a Sonesta Simply Suites in New Jersey 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 2026-06-17.