Main Street Registry

Fortune Hospitality LLC

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

Fortune Hospitality LLC is a hotel business in Freeport, Illinois, classified under the industry Hotels (except Casino Hotels) and Motels (NAICS 721110), and it operates as a Super 8 by Wyndhan franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $2,467,000, approved on May 21, 2026 by lender GBank.

SBA 7(a) loan, change of ownership, approved May 21, 2026

$2,467,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,467,000
SBA-guaranteed amount
$1,850,250 (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
May 21, 2051 (estimated, approval date plus term)
Estimated monthly payment
$18,634 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 1, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Super 8 by Wyndhan / Super 8
Project location
Stephenson County, IL
SBA district office
Illinois District Office
Congressional district
IL-17
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 35% 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.

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Same industry in Illinois