Main Street Registry

Best Western War Bonnet Inn

Miles City, MT · Hotels (except Casino Hotels) and Motels · NAICS 721110

Best Western War Bonnet Inn is a hotel and motel business located in Miles City, Montana, in the Hotels (except Casino Hotels) and Motels industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.75 million, approved on February 20, 2025, through Centerstone SBA Lending, Inc. The business operates under a Best Western franchise agreement.

SBA 7(a) loan, change of ownership, approved Feb 20, 2025

$1,750,000 approvedLender: Centerstone SBA Lending, Inc.25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,750,000
SBA-guaranteed amount
$1,312,500 (75% of the approval)
Lender
Centerstone SBA Lending, Inc., Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
February 20, 2050 (estimated, approval date plus term)
Estimated monthly payment
$14,091 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
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
Custer County, MT
SBA district office
Montana District Office
Congressional district
MT-00
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 18% 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 Montana: $1,680,827.

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.

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Same industry in Montana