SBA lending record
Platinum Hotel LLC
425 North Dixie Way, South Bend, IN 46637 · 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.
$1.8M
Total SBA financing
1
Loan on record
FY2022
On record
9
Jobs supported
Franchise brand
SureStay
See SureStay'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 Platinum Hotel 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
$1,839,000 — FY2022
- Gross approval
- $1,839,000
- SBA guaranteed
- $1,379,250 (75%)
- Status
- Paid in full
- Rate at approval
- 5.25% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/25/2022
- First disbursement
- 5/3/2022
- Days to fund
- 8 days
- Paid in full
- 10/31/2024
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- SureStay
- Franchise code
- S2322
- Lender
- Millennium Bank
- Address
- 425 North Dixie Way
- City
- South Bend, 46637
- County
- St Joseph
- SBA district office
- INDIANA DISTRICT OFFICE
- Congressional district
- 2
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 SureStay locations
Other SureStay businesses in the public SBA record — closest first, by location and deal size.
Gayatri Hospitality LLC
Roseland, IN· ~0 mi
SureStay
- $2.8M
- SBA financing
- ≈ $5.5M–$9.1M
- Est. revenue (rough)
ARMM Group Hospitality Inc
South Bend, IN· ~0 mi
SureStay
- $3.5M
- SBA financing
- ≈ $6.8M–$11M
- Est. revenue (rough)
SURE STAY PLUS AUBURN
Auburn, IN· ~65 mi
SureStay
- $1.9M
- SBA financing
- ≈ $3.8M–$6.3M
- Est. revenue (rough)
Surestay by Bestwestern Rockford
Rockford, IL· ~145 mi
SureStay
- $1.7M
- SBA financing
- ≈ $3.4M–$5.6M
- Est. revenue (rough)
Pavan LLC
Greenville, IL· ~257 mi
SureStay
- $2.1M
- SBA financing
- ≈ $4.1M–$6.9M
- Est. revenue (rough)
RBS HOSPITALITY INC.
Mount Pleasant, WI· ~107 mi
SureStay
- $3.8M
- SBA financing
- ≈ $7.4M–$12M
- 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.
Shree Mahalakshmi LLC
South Bend, IN· ~1 mi
OYO - Marketing and Operational Consulting Agreement
- $1.8M
- SBA financing
- ≈ $3.6M–$6.0M
- Est. revenue (rough)
KANA SB MOTEL LLC
South Bend, IN· ~1 mi
OYO - Marketing and Operational Consulting Agreement
- $1.4M
- SBA financing
- ≈ $2.8M–$4.7M
- Est. revenue (rough)
UNIVERSITY DR LLC
Granger, IN· ~4 mi
Baymont by Wyndham aka Baymont Inn & Suites
- $2.2M
- SBA financing
- ≈ $4.3M–$7.1M
- Est. revenue (rough)
MIDWEST HOTEL MANAGEMENT, INC
Mishawaka, IN· ~4 mi
Country Inn & Suites by Radisson
- $2.5M
- SBA financing
- ≈ $5.0M–$8.3M
- Est. revenue (rough)
Sai Kabj LLC
Mishawaka, IN· ~4 mi
Best Western / Best Western Plus - Membership Agreement
- $2.7M
- SBA financing
- ≈ $5.2M–$8.7M
- Est. revenue (rough)
SIKOMA LLC
Elkhart, IN· ~14 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $1.9M
- SBA financing
- ≈ $3.7M–$6.2M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Platinum Hotel LLC in South Bend, 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.
- 1 SBA 7(a) loan totaling $1.8M
- On record FY2022
- 9 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: South Bend, IN
- Lender: Millennium 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 ~$1.8M 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 2026-06-24.
- 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.
Is Platinum Hotel LLC your business?
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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 Platinum Hotel LLC.