SBA lending record
Traverse Lodging LLC
1065 M 37 S., Traverse City, MI 49685 · 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.
$1.8M
Total SBA financing
1
Loan on record
FY2021
On record
11
Jobs supported
Franchise brand
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
See Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho's SBA financing data — typical deal, failure rate, and how its loans perform →
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The loan
$1,790,000 — FY2021
- Gross approval
- $1,790,000
- SBA guaranteed
- $1,555,689 (87%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/12/2021
- First disbursement
- 7/29/2021
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 11
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
- Franchise code
- S0566
- Lender
- First Western SBLC, Inc
- Address
- 1065 M 37 S.
- City
- Traverse City, 49685
- County
- Grand Traverse
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 1
The lender
First Western SBLC, Inc
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 Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho locations
Other Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho businesses in the public SBA record — closest first, by location and deal size.
Krrishiv Hospitality LLC
Whitehall, MI· ~95 mi
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
- $2.3M
- SBA financing
- ≈ $4.4M–$7.4M
- Est. revenue (rough)
J&A STAR ELITE LLC
Grand Rapids, MI· ~122 mi
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
- $2.0M
- SBA financing
- ≈ $3.8M–$6.4M
- Est. revenue (rough)
Sri Ganesh Hotels, LLC
Auburn, MI· ~107 mi
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
- $1.3M
- SBA financing
- ≈ $2.6M–$4.4M
- Est. revenue (rough)
Shivrai LLC
Monroe, MI· ~224 mi
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
Saibaba of Georgia, LLC
Waynesboro, GA· ~823 mi
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
- $1.7M
- SBA financing
- ≈ $3.4M–$5.7M
- Est. revenue (rough)
Dream Hospitality LLC
South Holland, IL· ~236 mi
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
- $2.6M
- SBA financing
- ≈ $5.2M–$8.6M
- 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.
TBI Hospitality LLC
Traverse City, MI· ~8 mi
Hotels (except Casino Hotels) and Motels
- $1.8M
- SBA financing
- ≈ $3.6M–$6.0M
- Est. revenue (rough)
Sylvan Inn AB A2 LLC
Glen Arbor, MI· ~23 mi
Hotels (except Casino Hotels) and Motels
- $1.4M
- SBA financing
- ≈ $2.7M–$4.6M
- Est. revenue (rough)
LAKE BREEZE HOSPITALITY,LLC
Houghton Lake, MI· ~48 mi
Super 8 by Wyndhan
- $1.9M
- SBA financing
- ≈ $3.7M–$6.1M
- Est. revenue (rough)
LSS Hospitality LLC
Houghton Lake, MI· ~48 mi
Super 8 by Wyndhan
- $1.6M
- SBA financing
- ≈ $3.1M–$5.2M
- Est. revenue (rough)
Charlevoix Hotel, Inc.
Charlevoix, MI· ~51 mi
AmericInn by Wyndham
- $2.0M
- SBA financing
- ≈ $4.0M–$6.7M
- Est. revenue (rough)
All Seasons Lodging LLC
Kalkaska, MI· ~23 mi
Hotels (except Casino Hotels) and Motels
- $4.1M
- SBA financing
- ≈ $8.1M–$13M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Traverse Lodging LLC in Traverse City, MI (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 $1.8M
- On record FY2021
- 11 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Traverse City, MI
- Lender: First Western SBLC, Inc
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 MI for ~$1.8M 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 Traverse Lodging LLC.