Hotels & Lodging · lender intelligence
How to finance a Travelodge by Wyndham in Illinois
The SBA 7(a) lenders funding the most Travelodge by Wyndham deals in Illinois, from public loan records — typical Travelodge by Wyndham loan about $1.9M. A bank already funding the brand in your state knows it twice over.
Most active with Travelodge by Wyndham in Illinois
Ranked by funded Travelodge by Wyndham loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1 loans · $0M · Ooltewah, TNFull record →
2+ funded Travelodge by Wyndham in Illinois 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.
- Friendship Hospitality LLC in South Holland, IL — $860K (2024) · purchase · Millennium Bank
- Program
- 7a General
- Rate at approval
- 10.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $645K (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
- 10
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $956K
- Est. down payment (10%)
- $96K
- Est. cash at closing
- $131K
- Monthly payment
- $7,967
- Annual debt service
- $96K
- Cash flow needed (1.25×)
- $120K
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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- Theur LLC in South Holland, IL — $930K (2020) · Millennium Bank
- Program
- 7a General
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $698K (75%)
- Approval → funding
- 24 days
- Approved
- 8/7/2020
- First disbursed
- 8/31/2020
- Loan status
- Paid in full (9/30/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Millennium Bank · Lender record →
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Buying a Travelodge by Wyndham in Illinois? 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.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded Travelodge by Wyndham loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Travelodge by Wyndham purchase in Illinois with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Illinois deals. Millennium Bank funds the most here. DealRoom is not a lender.
- $1.9M typical Travelodge by Wyndham loan
- 1 lenders active in Illinois
- 2+ funded Illinois deals
- 26 days typical to fund
Buyers buying a Travelodge by Wyndham in Illinois 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: