SBA lending record
Apex 2024 LLC
8210 LOUISIANA ST, Merrillville, IN 46410 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.0M
Total SBA financing
2
Loans on record
FY2024–25
On record
24
Jobs supported
Franchise brand
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
See Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
Is Apex 2024 LLC your business?
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All 2 loans
$620,000 — FY2025
Loan 1 of 2- Gross approval
- $620,000
- SBA guaranteed
- $465,000 (75%)
- Status
- Current
- Rate at approval
- 9.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 4/8/2025
- First disbursement
- 4/23/2025
- Days to fund
- 15 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 12
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Lender
- Shoreham Bank
- Address
- 8210 LOUISIANA ST
- City
- Merrillville, 46410
- County
- Lake
- SBA district office
- INDIANA DISTRICT OFFICE
- Congressional district
- 1
$3,400,000 — FY2024
Loan 2 of 2- Gross approval
- $3,400,000
- SBA guaranteed
- $2,550,000 (75%)
- Status
- Current
- Rate at approval
- 9.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/8/2024
- First disbursement
- 6/17/2024
- Days to fund
- 70 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 12
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- Franchise code
- S1582
- Lender
- Shoreham Bank
- Address
- 8210 LOUISIANA ST
- City
- Merrillville, 46410
- County
- Lake
- SBA district office
- INDIANA DISTRICT OFFICE
- Congressional district
- 1
The lender
Find SBA lenders for businesses like this
The banks most active funding hotels (except casino hotels) and motels — by location, industry, and brand.
Other Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote locations
Other Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote businesses in the public SBA record — closest first, by location and deal size.
IL HOSPITALITY LLC
Lansing, IL· ~15 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $3.7M
- SBA financing
- ≈ $7.2M–$12M
- Est. revenue (rough)
JAY NILKANTH LLC
Tinley Park, IL· ~25 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $4.8M
- SBA financing
- ≈ $9.5M–$16M
- Est. revenue (rough)
DANVILLE HOTELS LLC
Danville, IL· ~94 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $4.2M
- SBA financing
- ≈ $8.2M–$14M
- Est. revenue (rough)
Sleep Inn & Suites MKE Airport
Milwaukee, WI· ~108 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $4.2M
- SBA financing
- ≈ $8.3M–$14M
- Est. revenue (rough)
New Castle Lodging, LLC
Concord, NC· ~558 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $4.1M
- SBA financing
- ≈ $8.0M–$13M
- Est. revenue (rough)
De Pere Holdings LLC
De Pere, WI· ~209 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $3.9M
- SBA financing
- ≈ $7.6M–$13M
- Est. revenue (rough)
Similar businesses
Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Midwestern Hospitality LLC
Merrillville, IN· ~0 mi
Hotels (except Casino Hotels) and Motels
- $4.8M
- SBA financing
- ≈ $9.3M–$16M
- Est. revenue (rough)
RED ROOF INN MERRILLVILLE
Merrillville, IN· ~1 mi
Red Roof Inn
- $4.1M
- SBA financing
- ≈ $8.0M–$13M
- Est. revenue (rough)
Madhavam 1 LLC
Hobart, IN· ~5 mi
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
- $4.0M
- SBA financing
- ≈ $7.9M–$13M
- Est. revenue (rough)
RIM Hospitality LLC
Merrillville, IN· ~1 mi
Residence Inn by Marriott
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Sun Hotel Inc
Merrillville, IN· ~0 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $3.1M
- SBA financing
- ≈ $6.1M–$10M
- Est. revenue (rough)
AADI 95 CORP
Merrillville, IN· ~1 mi
Country Inn & Suites by Radisson
- $3.2M
- SBA financing
- ≈ $6.3M–$10M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Apex 2024 LLC in Merrillville, IN (Hotels (except Casino Hotels) and Motels). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 2 SBA 7(a) loans totaling $4.0M
- On record FY2024–25
- 24 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Merrillville, IN
- Lender: Shoreham Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in IN for ~$2.0M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-21.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Apex 2024 LLC.