SBA lending record
JAY NILKANTH LLC
18420 Spring Creek Dr, Tinley Park, IL 60477 · 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.
$4.8M
Total SBA financing
1
Loan on record
FY2024
On record
5
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 JAY NILKANTH LLC your business?
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The loan
$4,842,000 — FY2024
- Gross approval
- $4,842,000
- SBA guaranteed
- $3,631,500 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 7/9/2024
- First disbursement
- 7/23/2024
- Days to fund
- 14 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Change of Ownership
- 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
- GBank
- Address
- 18420 Spring Creek Dr
- City
- Tinley Park, 60477
- County
- Will
- SBA district office
- ILLINOIS 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· ~12 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $3.7M
- SBA financing
- ≈ $7.2M–$12M
- Est. revenue (rough)
Apex 2024 LLC
Merrillville, IN· ~25 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $4.0M
- SBA financing
- ≈ $7.9M–$13M
- Est. revenue (rough)
Sleep Inn & Suites MKE Airport
Milwaukee, WI· ~97 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $4.2M
- SBA financing
- ≈ $8.3M–$14M
- Est. revenue (rough)
DANVILLE HOTELS LLC
Danville, IL· ~100 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $4.2M
- SBA financing
- ≈ $8.2M–$14M
- Est. revenue (rough)
LAXMI GANESH HOSPITALITY INC
York, NE· ~511 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Sonal LLC
Matthews, NC· ~586 mi
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hote
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- 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.
7500 Lincoln Hwy Inc
Frankfort, IL· ~3 mi
Hotels (except Casino Hotels) and Motels
- $4.7M
- SBA financing
- ≈ $9.2M–$15M
- Est. revenue (rough)
JKSEL Om LLC
South Holland, IL· ~9 mi
La Quinta by Wyndham a.k.a. La Quinta Inn & Suites
- $4.8M
- SBA financing
- ≈ $9.3M–$16M
- Est. revenue (rough)
Matruchhaya Hotel Inc
Calumet City, IL· ~12 mi
Hotels (except Casino Hotels) and Motels
- $4.9M
- SBA financing
- ≈ $9.6M–$16M
- Est. revenue (rough)
ORBIT HOSPITALITY LLC
Alsip, IL· ~8 mi
Red Roof Inn
- $3.9M
- SBA financing
- ≈ $7.6M–$13M
- Est. revenue (rough)
SUPER 8 BRIDGEVIEW IL
Bridgeview, IL· ~13 mi
Super 8 by Wyndhan
- $4.7M
- SBA financing
- ≈ $9.3M–$16M
- Est. revenue (rough)
SUN HOSPITALITY INC
Hammond, IN· ~17 mi
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for JAY NILKANTH LLC in Tinley Park, IL (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 $4.8M
- On record FY2024
- 5 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Tinley Park, IL
- Lender: GBank
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 IL for ~$4.8M 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 2026-06-17.
- 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 JAY NILKANTH LLC.