SBA lending record
Reit 400 LLC
400 Commercial Court, Venice, FL 34292 · 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.
$5.0M
Total SBA financing
1
Loan on record
FY2024
On record
23
Jobs supported
Franchise brand
Best Western / Best Western Plus - Membership Agreement
See Best Western / Best Western Plus - Membership Agreement'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 Reit 400 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
$5,000,000 — FY2024
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Paid in full
- Rate at approval
- 10.25% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 11/4/2023
- First disbursement
- 12/1/2023
- Days to fund
- 27 days
- Paid in full
- 10/31/2025
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 23
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Best Western / Best Western Plus - Membership Agreement
- Franchise code
- S2125
- Lender
- Millennium Bank
- Address
- 400 Commercial Court
- City
- Venice, 34292
- County
- Sarasota
- SBA district office
- SOUTH FLORIDA DISTRICT OFFICE
- Congressional district
- 17
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 Best Western / Best Western Plus - Membership Agreement locations
Other Best Western / Best Western Plus - Membership Agreement businesses in the public SBA record — closest first, by location and deal size.
Baymeadows Hotel LLC
Fort Lauderdale, FL· ~152 mi
Best Western / Best Western Plus - Membership Agreement
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
SHRI OHM LLC
Waldo, FL· ~187 mi
Best Western / Best Western Plus - Membership Agreement
- $3.5M
- SBA financing
- ≈ $6.8M–$11M
- Est. revenue (rough)
Madison Florida Management LLC
Madison, FL· ~235 mi
Best Western / Best Western Plus - Membership Agreement
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
BEST WESTERN PLUS GOVERNOR'S INN
North Chesterfield, VA· ~771 mi
Best Western / Best Western Plus - Membership Agreement
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
K 1 HOTEL LLC
Concord, NC· ~581 mi
Best Western / Best Western Plus - Membership Agreement
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Magnolia Signature Hospitality Corp
Natchez, MS· ~624 mi
Best Western / Best Western Plus - Membership Agreement
- $4.5M
- SBA financing
- ≈ $8.7M–$15M
- 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.
KA Sarasota LLC
Sarasota, FL· ~20 mi
La Quinta by Wyndham a.k.a. La Quinta Inn & Suites
- $4.6M
- SBA financing
- ≈ $9.0M–$15M
- Est. revenue (rough)
DAYS INN BRADENTON I 75
Bradenton, FL· ~27 mi
Days Inn by Wyndham
- $3.6M
- SBA financing
- ≈ $7.1M–$12M
- Est. revenue (rough)
Quality Suites
Fort Myers, FL· ~53 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Shreeram Revaba LLC
North Port, FL· ~10 mi
Americas Best Value Inn
- $1.8M
- SBA financing
- ≈ $3.5M–$5.8M
- Est. revenue (rough)
Pari Hospitality LLC
Fort Myers, FL· ~48 mi
La Quinta by Wyndham a.k.a. La Quinta Inn & Suites
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Laxmi Patel of Venice LLC
Venice, FL· ~3 mi
Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice
- $1.1M
- SBA financing
- ≈ $2.2M–$3.6M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Reit 400 LLC in Venice, FL (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 $5.0M
- On record FY2024
- 23 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Venice, FL
- 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 FL for ~$5.0M 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.
Is Reit 400 LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Reit 400 LLC.