Elgin Hotels LLC
Elgin Hotels LLC is located in Elgin, IL, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($2,528,000 SBA portion) on December 7, 2025 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
- Franchise
- Comfort Suites by Choice Hotels
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Dec 7, 2025 | $2,528,000 | $3,512,500 | $6,711,667 (estimated) | First National Bank of Omaha | Small Business Growth Corporation | 25 years | 3 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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