SBA lending record
Laxminarayan 1 LLC
1412 W FAYETTE AVE, Effingham, IL 62401 · 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.
$2.4M
Total SBA financing
1
Loan on record
FY2026
On record
5
Jobs supported
Franchise brand
Motel 6
See Motel 6'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 Laxminarayan 1 LLC your business?
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The loan
$2,400,000 — FY2026
- Gross approval
- $2,400,000
- SBA guaranteed
- $1,800,000 (75%)
- Status
- Current
- Rate at approval
- 7.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/22/2026
- First disbursement
- 2/6/2026
- Days to fund
- 15 days
- Collateral
- Required
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Motel 6
- Franchise code
- S1133
- Lender
- Shoreham Bank
- Address
- 1412 W FAYETTE AVE
- City
- Effingham, 62401
- County
- Effingham
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 15
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 Motel 6 locations
Other Motel 6 businesses in the public SBA record — closest first, by location and deal size.
BT Hospitality LLC
Effingham, IL· ~0 mi
Motel 6
- $950K
- SBA financing
- ≈ $1.9M–$3.1M
- Est. revenue (rough)
MOKSHA HOSPITALITY LLC - Peoria, IL
Peoria, IL· ~126 mi
Motel 6
- $2.4M
- SBA financing
- ≈ $4.7M–$7.8M
- Est. revenue (rough)
Motel 6 Lake St. Louis
Lake Saint Louis, MO· ~120 mi
Motel 6
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
Motel 6 Franklin
Franklin, OH· ~230 mi
Motel 6
- $2.2M
- SBA financing
- ≈ $4.3M–$7.2M
- Est. revenue (rough)
Motel 6 Etown
Elizabethtown, KY· ~177 mi
Motel 6
- $2.4M
- SBA financing
- ≈ $4.8M–$7.9M
- Est. revenue (rough)
ATVAYA LLC
Columbus, OH· ~303 mi
Motel 6
- $1.9M
- SBA financing
- ≈ $3.7M–$6.2M
- 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.
HARISHAAN REALTY LLC
Effingham, IL· ~0 mi
Ramada by Wyndham
- $1.6M
- SBA financing
- ≈ $3.0M–$5.1M
- Est. revenue (rough)
A VISH 2417 LLC
Effingham, IL· ~0 mi
Ramada by Wyndham
- $1.6M
- SBA financing
- ≈ $3.1M–$5.2M
- Est. revenue (rough)
Yam Diamond Hospitality LLC
Vandalia, IL· ~30 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $2.5M
- SBA financing
- ≈ $5.0M–$8.3M
- Est. revenue (rough)
Pavan LLC
Greenville, IL· ~48 mi
SureStay
- $2.1M
- SBA financing
- ≈ $4.1M–$6.9M
- Est. revenue (rough)
Shiv Diya Hospitality LLC
Terre Haute, IN· ~66 mi
Wyndham Garden®
- $2.1M
- SBA financing
- ≈ $4.1M–$6.8M
- Est. revenue (rough)
NIVAAN HOSPITALITY LLC
Mount Vernon, IL· ~60 mi
Super 8 by Wyndhan
- $3.3M
- SBA financing
- ≈ $6.4M–$11M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Laxminarayan 1 LLC in Effingham, 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 $2.4M
- On record FY2026
- 5 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Effingham, IL
- 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 IL for ~$2.4M 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 Laxminarayan 1 LLC.