SBA lending record
Rico Tailor Inc
201 Potomac Blvd, Mount Vernon, IL 62864 · 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.
$2.5M
Total SBA financing
1
Loan on record
FY2022
On record
13
Jobs supported
Franchise brand
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
See Quality Inn by Choice Hotels /Quality Inn & Suites by Choice'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 Rico Tailor Inc 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
$2,517,000 — FY2022
- Gross approval
- $2,517,000
- SBA guaranteed
- $1,724,145 (69%)
- Status
- Current
- Rate at approval
- 5.5% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/29/2022
- First disbursement
- 7/29/2022
- Days to fund
- 30 days
- Collateral
- Required
- Jobs supported
- 13
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- Franchise code
- S1373
- Address
- 201 Potomac Blvd
- City
- Mount Vernon, 62864
- County
- Jefferson
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 12
The lender
Community First Bank of the Heartland
1 loan to this businessFind SBA lenders for businesses like this
The banks most active funding hotels (except casino hotels) and motels — by location, industry, and brand.
Other Quality Inn by Choice Hotels /Quality Inn & Suites by Choice locations
Other Quality Inn by Choice Hotels /Quality Inn & Suites by Choice businesses in the public SBA record — closest first, by location and deal size.
Yam Diamond Hospitality LLC
Vandalia, IL· ~47 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $2.5M
- SBA financing
- ≈ $5.0M–$8.3M
- Est. revenue (rough)
Aksharr Hospitality, LLC
O'Fallon, IL· ~57 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $2.4M
- SBA financing
- ≈ $4.7M–$7.8M
- Est. revenue (rough)
SHRI HARIKRISHNA Inc
Calvert City, KY· ~96 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $2.7M
- SBA financing
- ≈ $5.4M–$9.0M
- Est. revenue (rough)
Kastbhanjan Dev Hospitality LLC
Columbus, IN· ~173 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $2.7M
- SBA financing
- ≈ $5.3M–$8.8M
- Est. revenue (rough)
Sanjog LLC
Portage, IN· ~245 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $2.4M
- SBA financing
- ≈ $4.7M–$7.8M
- Est. revenue (rough)
S S SATYA & PURNIMA Corp.
Mount Pleasant, IA· ~230 mi
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
- $2.3M
- SBA financing
- ≈ $4.6M–$7.7M
- 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.
NIVAAN HOSPITALITY LLC
Mount Vernon, IL· ~0 mi
Super 8 by Wyndhan
- $3.3M
- SBA financing
- ≈ $6.4M–$11M
- Est. revenue (rough)
MRS MT VERNON LLC
Mount Vernon, IL· ~0 mi
Days Inn by Wyndham
- $2.8M
- SBA financing
- ≈ $5.5M–$9.1M
- Est. revenue (rough)
Venture Hospitality LLC
Mount Vernon, IL· ~0 mi
Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fai
- $3.1M
- SBA financing
- ≈ $6.2M–$10M
- Est. revenue (rough)
Vighnanasha, LLC
Mount Vernon, IL· ~1 mi
Comfort Suites by Choice Hotels
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Jayshree Krishna, Inc.
Mount Vernon, IL· ~0 mi
Days Inn by Wyndham
- $935K
- SBA financing
- ≈ $1.8M–$3.1M
- Est. revenue (rough)
Rico Darji, Inc.
Mount Vernon, IL· ~3 mi
Hotels (except Casino Hotels) and Motels
- $710K
- SBA financing
- ≈ $1.4M–$2.3M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Rico Tailor Inc in Mount Vernon, 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 $2.5M
- On record FY2022
- 13 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Mount Vernon, IL
- Lender: Community First Bank of the Heartland
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 ~$2.5M 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 Rico Tailor Inc 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 Rico Tailor Inc.