SBA lending record
Colfax Lodging LLC
11000 Federal Avenue, Colfax, IA 50054 · 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.
$825K
Total SBA financing
1
Loan on record
FY2023
On record
3
Jobs supported
Franchise brand
Microtel Inn & Suites by Wyndham
See Microtel Inn & Suites by Wyndham'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
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This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$825,000 — FY2023
- Gross approval
- $825,000
- SBA guaranteed
- $618,750 (75%)
- Status
- Current
- Rate at approval
- 9.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 3/24/2023
- First disbursement
- 3/29/2023
- Days to fund
- 5 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Microtel Inn & Suites by Wyndham
- Franchise code
- S1109
- Address
- 11000 Federal Avenue
- City
- Colfax, 50054
- County
- Jasper
- SBA district office
- DES MOINES DISTRICT OFFICE
- Congressional district
- 2
The lender
The Huntington National Bank
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding hotels (except casino hotels) and motels — by location, industry, and brand.
Other Microtel Inn & Suites by Wyndham locations
Other Microtel Inn & Suites by Wyndham businesses in the public SBA record — closest first, by location and deal size.
Tirupati Balaji
Mission, KS· ~200 mi
Microtel Inn & Suites by Wyndham
- $764K
- SBA financing
- ≈ $1.5M–$2.5M
- Est. revenue (rough)
KSS Hotels, LLC
Rogers, AR· ~374 mi
Microtel Inn & Suites by Wyndham
- $916K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
Jai Gayatri Hospitality, LLC
Tulsa, OK· ~406 mi
Microtel Inn & Suites by Wyndham
- $1.3M
- SBA financing
- ≈ $2.6M–$4.3M
- Est. revenue (rough)
Nyalkaran LLC
Sayre, PA· ~858 mi
Microtel Inn & Suites by Wyndham
- $1.3M
- SBA financing
- ≈ $2.5M–$4.2M
- Est. revenue (rough)
NICHOLSON PROPERTIES INVESTMENT, LLC
Cartersville, GA· ~690 mi
Microtel Inn & Suites by Wyndham
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
OM SHIVAM NC LLC
Thomasville, NC· ~813 mi
Microtel Inn & Suites by Wyndham
- $1.1M
- SBA financing
- ≈ $2.2M–$3.7M
- 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.
Vahanvati Ma Inc.
Toledo, IA· ~39 mi
Hotels (except Casino Hotels) and Motels
- $981K
- SBA financing
- ≈ $1.9M–$3.2M
- Est. revenue (rough)
Ambica215, LLC
Grimes, IA· ~28 mi
Red Lion Hotels
- $2.1M
- SBA financing
- ≈ $4.1M–$6.9M
- Est. revenue (rough)
Sveer 1 Hotel Inc.
Marshalltown, IA· ~30 mi
Baymont by Wyndham aka Baymont Inn & Suites
- $1.7M
- SBA financing
- ≈ $3.3M–$5.4M
- Est. revenue (rough)
Dada Hospitality LLC a/k/a Dada Hospitality LLC dba Best Western Regency Inn
Marshalltown, IA· ~27 mi
Hotels (except Casino Hotels) and Motels
- $1.9M
- SBA financing
- ≈ $3.7M–$6.2M
- Est. revenue (rough)
Mahant LLC
Jefferson, IA· ~64 mi
Super 8 by Wyndhan
- $1.1M
- SBA financing
- ≈ $2.1M–$3.5M
- Est. revenue (rough)
Gokul Hospitality, LLC
West Branch, IA· ~99 mi
Days Inn by Wyndham
- $893K
- SBA financing
- ≈ $1.8M–$2.9M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Colfax Lodging LLC in Colfax, IA (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.
- 1 SBA 7(a) loan totaling $825K
- On record FY2023
- 3 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Colfax, IA
- Lender: The Huntington National 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 IA for ~$825k 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 2026-06-18.
- 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 Colfax Lodging LLC.