Main Street Registry

Best Western Ashbury Inn

La Grange, KY · Hotels (except Casino Hotels) and Motels · NAICS 721110

Best Western Ashbury Inn, located in La Grange, Kentucky, operates in the hotels and motels industry (NAICS 721110). The business was financed with an SBA 7(a) loan for a change of ownership, approved by GBank on April 15, 2026, in the amount of $4,449,000.

SBA 7(a) loan, change of ownership, approved Apr 15, 2026

$4,449,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,449,000
SBA-guaranteed amount
$3,336,750 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
April 15, 2051 (estimated, approval date plus term)
Estimated monthly payment
$33,605 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 20, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
Project location
Oldham County, KY
SBA district office
Kentucky District Office
Congressional district
KY-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 70% 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 Kentucky: $1,988,993.

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 Kentucky