SBA lending record
Somnath
1403 Mission Avenue, Oceanside, CA 92058 · 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
FY2021
On record
8
Jobs supported
Franchise brand
Travelodge by Wyndham
See Travelodge by Wyndham'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 Somnath 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 — FY2021
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Past due
- Rate at approval
- 4.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/13/2021
- First disbursement
- 9/30/2021
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 8
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Travelodge by Wyndham
- Franchise code
- S1814
- Lender
- Readycap Lending, LLC
- Address
- 1403 Mission Avenue
- City
- Oceanside, 92058
- County
- San Diego
- SBA district office
- SAN DIEGO DISTRICT OFFICE
- Congressional district
- 49
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 Travelodge by Wyndham locations
Other Travelodge by Wyndham businesses in the public SBA record — closest first, by location and deal size.
Nik-Vek, LLC
Buena Park, CA· ~58 mi
Travelodge by Wyndham
- $2.5M
- SBA financing
- ≈ $4.9M–$8.2M
- Est. revenue (rough)
Ranjan LLC
Imperial, CA· ~107 mi
Travelodge by Wyndham
- $3.3M
- SBA financing
- ≈ $6.4M–$11M
- Est. revenue (rough)
Central Way Hospitality LLC
Fairfield, CA· ~438 mi
Travelodge by Wyndham
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Travelodge Winchester
Winchester, VA· ~2208 mi
Travelodge by Wyndham
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
MGL Hotels LLC
Colorado Springs, CO· ~807 mi
Travelodge by Wyndham
- $4.3M
- SBA financing
- ≈ $8.5M–$14M
- Est. revenue (rough)
TNJ HOSPITALITY, LLC
Merced, CA· ~332 mi
Travelodge by Wyndham
- $3.1M
- SBA financing
- ≈ $6.1M–$10M
- 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.
Oceanside Hospitality Group
Oceanside, CA· ~1 mi
Signature
- $4.8M
- SBA financing
- ≈ $9.4M–$16M
- Est. revenue (rough)
BEST WESTERN OCEANSIDE INN
Oceanside, CA· ~1 mi
Best Western / Best Western Plus - Membership Agreement
- $4.0M
- SBA financing
- ≈ $7.8M–$13M
- Est. revenue (rough)
OCBW LLC
Oceanside, CA· ~1 mi
Best Western / Best Western Plus - Membership Agreement
- $10.0M
- SBA financing
- ≈ $20M–$33M
- Est. revenue (rough)
MOTEL 6 VISTA
Vista, CA· ~8 mi
Motel 6
- $4.7M
- SBA financing
- ≈ $9.1M–$15M
- Est. revenue (rough)
The Fin Hotel
Oceanside, CA· ~1 mi
Tapestry Collection by Hilton
- $1.5M
- SBA financing
- ≈ $2.9M–$4.9M
- Est. revenue (rough)
Lotus Signature Hotels Poway LLC
Poway, CA· ~25 mi
SureStay
- $4.7M
- SBA financing
- ≈ $9.2M–$15M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Somnath in Oceanside, CA (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 FY2021
- 8 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Oceanside, CA
- Lender: Readycap Lending, LLC
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 CA 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 Somnath 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 Somnath.