SBA lending record
Red Carpet Inn
13701 BROADWAY AVE, Garfield Heights, OH 44125 · 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.
$1.1M
Total SBA financing
1
Loan on record
FY2024
On record
5
Jobs supported
Franchise brand
Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites
See Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites'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 Red Carpet Inn 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
$1,050,000 — FY2024
- Gross approval
- $1,050,000
- SBA guaranteed
- $787,500 (75%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/8/2024
- First disbursement
- 3/26/2024
- Days to fund
- 18 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 5
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites
- Franchise code
- S1411
- Lender
- US Metro Bank
- Address
- 13701 BROADWAY AVE
- City
- Garfield Heights, 44125
- County
- Cuyahoga
- SBA district office
- CLEVELAND DISTRICT OFFICE
- Congressional district
- 11
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 Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites locations
Other Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites businesses in the public SBA record — closest first, by location and deal size.
Sanvi Hospitality LLC
Bellmawr, NJ
Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites
- $1.8M
- SBA financing
- ≈ $3.5M–$5.9M
- Est. revenue (rough)
Shreedalaxmi LLC
Ronks, PA· ~300 mi
Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites
- $1.1M
- SBA financing
- ≈ $2.1M–$3.4M
- Est. revenue (rough)
GAYATRI KRUPA HOSPITALITY LLC
Battleboro, NC· ~422 mi
Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Neni, LLC.
Hot Springs, AR· ~784 mi
Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites
- $660K
- SBA financing
- ≈ $1.3M–$2.2M
- Est. revenue (rough)
Sai Jala LLC
Hammonton, NJ· ~372 mi
Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites
- $2.5M
- SBA financing
- ≈ $4.8M–$8.0M
- Est. revenue (rough)
JSK Pulaski, LLC
Pulaski, NY· ~315 mi
Red Carpet Inn/Red Carpet Suites/Red Carpet Inn & Suites
- $490K
- SBA financing
- ≈ $961K–$1.6M
- 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.
NORTH RANDALL PROPERTY MANAGEMENT, LLC
Cleveland, OH· ~3 mi
Hotels (except Casino Hotels) and Motels
- $1.4M
- SBA financing
- ≈ $2.6M–$4.4M
- Est. revenue (rough)
RAMSARAH LLC
Independence, OH· ~4 mi
DoubleTree by Hilton
- $450K
- SBA financing
- ≈ $882K–$1.5M
- Est. revenue (rough)
Reva Richfield LLC
Richfield, OH· ~11 mi
Super 8 by Wyndhan
- $1.6M
- SBA financing
- ≈ $3.1M–$5.2M
- Est. revenue (rough)
Isha Hospitality, LLC
Medina, OH· ~23 mi
Super 8 by Wyndhan
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Nayosha Hospitality LLC
Streetsboro, OH· ~17 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $1.3M
- SBA financing
- ≈ $2.6M–$4.3M
- Est. revenue (rough)
Akshar Ohio Hospitality, LLC
Cleveland, OH· ~15 mi
Ramada by Wyndham
- $1.7M
- SBA financing
- ≈ $3.3M–$5.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Red Carpet Inn in Garfield Heights, OH (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 $1.1M
- On record FY2024
- 5 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Garfield Heights, OH
- Lender: US Metro 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 OH for ~$1.1M 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 2026-06-21.
- 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 Red Carpet Inn.