Main Street Registry

Fairbridge Inn Billings

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

Fairbridge Inn Billings, located in Billings, Montana, operates in the hotels and motels industry (NAICS 721110). The business was financed with an SBA 7(a) loan for a change of ownership of $2.1 million, with First Western SBLC, LLC d/b/a Peachtree Group as the lender, and the loan was approved on June 26, 2025.

SBA 7(a) loan, change of ownership, approved Jun 26, 2025

$2,135,000 approvedLender: First Western SBLC, LLC d/b/a Peachtree Group25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,135,000
SBA-guaranteed amount
$1,601,250 (75% of the approval)
Lender
First Western SBLC, LLC d/b/a Peachtree Group, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
June 26, 2050 (estimated, approval date plus term)
Estimated monthly payment
$17,192 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 8, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Yellowstone 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 27% 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