Main Street Registry

Best View Hospitality LLC

St Charles, IL · Hotels (except Casino Hotels) and Motels · NAICS 721110

Best View Hospitality LLC is a hotel and motel business in St Charles, Illinois, classified under NAICS 721110 for hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership, approved on May 16, 2025, in the amount of $2,318,000 through the lender GBank. The business operates under a Days Inn / Days Inn by Wyndham franchise and reported 8 jobs on the loan.

SBA 7(a) loan, change of ownership, approved May 16, 2025

$2,318,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,318,000
SBA-guaranteed amount
$1,738,500 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
May 16, 2050 (estimated, approval date plus term)
Estimated monthly payment
$19,057 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 26, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Days Inn / Days Inn by Wyndham
Project location
Kane County, IL
SBA district office
Illinois District Office
Congressional district
IL-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 31% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
  • Average acquisition loan in Illinois: $1,796,780.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Illinois