SBA lending record
PATEL VENTURES LLC
440 HERITAGE DR., Spearfish, SD 57783 · 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.
$2.2M
Total SBA financing
1
Loan on record
FY2025
On record
10
Jobs supported
Franchise brand
Super 8 by Wyndhan
See Super 8 by Wyndhan'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 PATEL VENTURES LLC your business?
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
$2,200,000 — FY2025
- Gross approval
- $2,200,000
- SBA guaranteed
- $1,650,000 (75%)
- Status
- Cancelled
- Rate at approval
- 9.25% v
- Term
- 309 mo (26 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/23/2025
- Collateral
- Required
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Super 8 by Wyndhan
- Franchise code
- S1645
- Address
- 440 HERITAGE DR.
- City
- Spearfish, 57783
- County
- Lawrence
- SBA district office
- SOUTH DAKOTA DISTRICT OFFICE
- Congressional district
- 0
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 Super 8 by Wyndhan locations
Other Super 8 by Wyndhan businesses in the public SBA record — closest first, by location and deal size.
Radhe Inc
Miles City, MT· ~164 mi
Super 8 by Wyndhan
- $2.4M
- SBA financing
- ≈ $4.7M–$7.8M
- Est. revenue (rough)
SNS Hotel LLC
Bellmawr, NJ
Super 8 by Wyndhan
- $1.8M
- SBA financing
- ≈ $3.5M–$5.9M
- Est. revenue (rough)
Shree Jaliyan LLC
Gloucester City, NJ
Super 8 by Wyndhan
- $3.6M
- SBA financing
- ≈ $7.1M–$12M
- Est. revenue (rough)
JSK Gloucester LLC
Gloucester City, NJ
Super 8 by Wyndhan
- $3.4M
- SBA financing
- ≈ $6.7M–$11M
- Est. revenue (rough)
MPP Hospitality LLC
Laramie, WY· ~228 mi
Super 8 by Wyndhan
- $2.1M
- SBA financing
- ≈ $4.1M–$6.8M
- Est. revenue (rough)
Arbegast Properties III, LLC
Ida Grove, IA· ~444 mi
Super 8 by Wyndhan
- $1.9M
- SBA financing
- ≈ $3.8M–$6.4M
- 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.
Hospitality Management LLC
Deadwood, SD· ~8 mi
Hotels (except Casino Hotels) and Motels
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
MA Hotels LLC
Rapid City, SD· ~40 mi
Motel 6
- $3.1M
- SBA financing
- ≈ $6.0M–$10M
- Est. revenue (rough)
Black Hills Lodging Gillette LLC
Gillette, WY· ~83 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $1.4M
- SBA financing
- ≈ $2.7M–$4.5M
- Est. revenue (rough)
Best Western War Bonnet Inn
Miles City, MT· ~165 mi
Best Western / Best Western Plus - Membership Agreement
- $1.8M
- SBA financing
- ≈ $3.4M–$5.7M
- Est. revenue (rough)
Fairbridge Inn Billings
Billings, MT· ~237 mi
Hotels (except Casino Hotels) and Motels
- $2.1M
- SBA financing
- ≈ $4.2M–$7.0M
- Est. revenue (rough)
Sioux Avenue Hospitality, INC.
Pierre, SD· ~170 mi
Hotels (except Casino Hotels) and Motels
- $2.0M
- SBA financing
- ≈ $4.0M–$6.7M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for PATEL VENTURES LLC in Spearfish, SD (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 $2.2M
- On record FY2025
- 10 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Spearfish, SD
- Lender: Farmers State Bank of Alto Pass, Illinois
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 SD for ~$2.2M 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 PATEL VENTURES LLC.