My Place Hotels, by the numbers
Every figure below comes from real financed deals — what buyers paid, where, and how the loans performed.
SBA Franchise Directory: listed ✓ (identifier S2626)
6 deals since 2020 · typical deal $5.0M
6
Deals since 2020
$5.0M
Typical deal
0
Deals since FY2025
—
Too few deals to score risk
What buyers pay for My Place Hotels
Most My Place Hotels deals financed between $3.50M and $5.00M. Above $5.00M, you're paying more than 75% of buyers did — make the seller earn it.
- Monthly payment (10-yr)
- $65,385
- Down payment (10%)
- $556K
- Cash to close (all-in)
- $769K
Estimates at today's rates and standard 7(a) terms. Not a loan offer.
Could you get the loan?
Three answers. No documents, no credit pull.
Credit score
Available cash (you'll need ~$769K)
Experience
Recent financings
- Sai Krishna LLC in Huntersville, NC — $5.0M (2023) · purchase · Open Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 20 days
- Approved
- 9/28/2023
- First disbursed
- 10/18/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $5.6M
- Est. down payment (10%)
- $556K
- Est. cash at closing
- $769K
- Monthly payment
- $43,685
- Annual debt service
- $524K
- Cash flow needed (1.25×)
- $655K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Open Bank · Lender record →
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- My Place Hotels of America in Medford, OR — $5.0M (2023) · US Metro Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 28 days
- Approved
- 4/5/2023
- First disbursed
- 5/3/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 16
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by US Metro Bank · Lender record →
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- Om Sai LLC in West Valley City, UT — $3.7M (2022) · Mountain America FCU
- Program
- Preferred Lenders Program
- Rate at approval
- 4.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.8M (75%)
- Approval → funding
- 15 days
- Approved
- 12/2/2021
- First disbursed
- 12/17/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 1
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Mountain America FCU · Lender record →
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- OM SAI LLC in West Valley City, UT — $25K (2022) · Mountain America FCU
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.75% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $13K (50%)
- Approval → funding
- 15 days
- Approved
- 12/2/2021
- First disbursed
- 12/17/2021
- Loan status
- Paid in full (1/31/2024)
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 1
- Business age
- New Business or 2 years or less
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by Mountain America FCU · Lender record →
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- My Place Hotel - Boise/Meridian in Meridian, ID — $5.0M (2021) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $3.8M (75%)
- Approval → funding
- 25 days
- Approved
- 8/6/2021
- First disbursed
- 8/31/2021
- Loan status
- Paid in full (12/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
If you were the buyer here
- Est. deal size
- $5.6M
- Est. down payment (10%)
- $556K
- Est. cash at closing
- $769K
- Monthly payment
- $29,230
- Annual debt service
- $351K
- Cash flow needed (1.25×)
- $438K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Celtic Bank Corporation · Lender record →
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- Stepping Stones Management, LLC in Hurricane, UT — $3.5M (2020) · America First FCU
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.6M (75%)
- Approval → funding
- 74 days
- Approved
- 11/18/2019
- First disbursed
- 1/31/2020
- Loan status
- Paid in full (11/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Business age
- Unanswered
- Industry
- Hotels (except Casino Hotels) and Motels
Funded by America First FCU
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Who funds My Place Hotels — and where
Every dot is a financed My Place Hotels — 6 mapped.
Financed My Place Hotels locations — list all 6 as text
- Sai Krishna LLC — Huntersville · $5.0M · FY2023 · Hotels (except Casino Hotels) and Motels
- My Place Hotels of America — Medford · $5.0M · FY2023 · Hotels (except Casino Hotels) and Motels
- Stepping Stones Management, LLC — Hurricane · $3.5M · FY2020 · Hotels (except Casino Hotels) and Motels
- Om Sai LLC — West Valley City · $3.7M · FY2022 · Hotels (except Casino Hotels) and Motels
- OM SAI LLC — West Valley City · $25K · FY2022 · Hotels (except Casino Hotels) and Motels
- My Place Hotel - Boise/Meridian — Meridian · $5.0M · FY2021 · Hotels (except Casino Hotels) and Motels
Top lenders for this brand
1.Mountain America FCU(2)
2.Open Bank(1)
3.US Metro Bank(1)
- 4.America First FCU (1)
5.Celtic Bank Corporation(1)
Most active states
- 1.Utah (3 loans)
- 2.North Carolina (1 loans)
- 3.Oregon (1 loans)
- 4.Idaho (1 loans)
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Common questions
How much does a My Place Hotels cost to buy or open?
The typical deal for My Place Hotels is $5.0M across 6 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $550K of buyer cash on a typical deal.
How risky is My Place Hotels?
My Place Hotels has 6 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.
Can I finance a My Place Hotels with an SBA loan?
Yes — My Place Hotels has been SBA-financed 0 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.
Buying a My Place Hotels franchise
Most My Place Hotels buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical My Place Hotels deal financed for $5.0M, which points to about $550K of buyer cash on a typical purchase. My Place Hotels is listed in the SBA Franchise Directory (identifier S2626), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund My Place Hotels — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.
AI summary
This profile summarizes public SBA financing activity for My Place Hotels — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.
Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.
Agent summary
This page summarizes public SBA 7(a) financing for My Place Hotels — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. My Place Hotels is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.
- 6 SBA 7(a) deals since 2020
- $5.0M typical deal
- 0 deals since FY2025
- Too few deals to score a reliable failure rate
- SBA Franchise Directory: listed (identifier S2626)
- Top lenders: Mountain America FCU, Open Bank, US Metro Bank
- 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 SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.
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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with My Place Hotels.