SBA lending record
SRO ELGIN, INC.
2270 Point Blvd., Elgin, IL 60123 · 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
FY2022
On record
33
Jobs supported
Franchise brand
Country Inn & Suites by Radisson
See Country Inn & Suites by Radisson'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
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The loan
$5,000,000 — FY2022
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Paid in full
- Rate at approval
- 5.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/23/2022
- First disbursement
- 1/31/2022
- Days to fund
- 8 days
- Paid in full
- 3/31/2024
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 33
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Country Inn & Suites by Radisson
- Franchise code
- S0431
- Lender
- Byline Bank
- Address
- 2270 Point Blvd.
- City
- Elgin, 60123
- County
- Kane
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 6
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 Country Inn & Suites by Radisson locations
Other Country Inn & Suites by Radisson businesses in the public SBA record — closest first, by location and deal size.
JSK HOSPITALITY INC.
Elgin, IL· ~0 mi
Country Inn & Suites by Radisson
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
MAPLE CREEK HOSPITALITY INC.
Hoffman Estates, IL· ~10 mi
Country Inn & Suites by Radisson
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
JJS HOSPITALITY INC
Elk Grove Village, IL· ~20 mi
Country Inn & Suites by Radisson
- $4.2M
- SBA financing
- ≈ $8.2M–$14M
- Est. revenue (rough)
COUNTRY INN & SUITES GURNEE
Gurnee, IL· ~29 mi
Country Inn & Suites by Radisson
- $3.5M
- SBA financing
- ≈ $6.8M–$11M
- Est. revenue (rough)
Country Inn & Suites Germantown
Germantown, WI· ~80 mi
Country Inn & Suites by Radisson
- $4.4M
- SBA financing
- ≈ $8.6M–$14M
- Est. revenue (rough)
Country Inn & Suites
Fond Du Lac, WI· ~115 mi
Country Inn & Suites by Radisson
- $4.8M
- SBA financing
- ≈ $9.4M–$16M
- 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.
MANASVI HOSPITALITY LLC
Schaumburg, IL· ~15 mi
Comfort Suites by Choice Hotels
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
PRV HOSPITALITY LLC
Schaumburg, IL· ~15 mi
Wyndham Garden®
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Deluxe Hospitality LLC
Schaumburg, IL· ~16 mi
Hyatt Place
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
New Vision Hospitality LLC
Schaumburg, IL· ~15 mi
DoubleTree by Hilton
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Rolling Meadows Properties Unit 3 LLC
Rolling Meadows, IL· ~16 mi
Holiday Inn/Holiday Inn & Suites/Holiday Inn Resort
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Krish Arlington 1 LLC
Arlington Heights, IL· ~18 mi
Courtyard by Marriott
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for SRO ELGIN, INC. in Elgin, 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 $5.0M
- On record FY2022
- 33 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Elgin, IL
- Lender: Byline 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 IL 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.
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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 SRO ELGIN, INC..