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Hoosier Hospitality 2026 LLC

Indianapolis, IN · Hotels (except Casino Hotels) and Motels · NAICS 721110

Hoosier Hospitality 2026 LLC is a hotel business in Indianapolis, Indiana, classified under NAICS 721110 for hotels (except casino hotels) and motels, and it operates as a franchise of Clarion Inn by Choice Hotels, Clarion Inn & Suites by Choice Hotels, or Clarion Pointe by Choice Hotels. The business was financed with an SBA 7(a) loan for a change of ownership of $3.4 million, approved on May 15, 2026 by lender GBank.

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

$3,400,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,400,000
SBA-guaranteed amount
$2,550,000 (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 15, 2051 (estimated, approval date plus term)
Estimated monthly payment
$25,681 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 21, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Clarion Inn by Choice Hotels/Clarion Inn & Suites by Choice Hotels/Clarion Pointe by Choice Hotels
Project location
Marion County, IN
SBA district office
Indiana District Office
Congressional district
IN-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 53% 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 Indiana: $1,995,900.

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 Indiana