Main Street Registry

Quality Inn Holland

Holland, OH · Hotels (except Casino Hotels) and Motels · NAICS 721110

Quality Inn Holland, located in Holland, Ohio, operates in the hotels and motels industry as classified under NAICS code 721110. The business was financed with an SBA 7(a) loan for a change of ownership of $2,451,000, approved on July 21, 2025 by Southwestern National Bank.

SBA 7(a) loan, change of ownership, approved Jul 21, 2025

$2,451,000 approvedLender: Southwestern National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,451,000
SBA-guaranteed amount
$1,838,250 (75% of the approval)
Lender
Southwestern National Bank, Houston, 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
July 21, 2050 (estimated, approval date plus term)
Estimated monthly payment
$19,736 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 22, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Quality Inn, Quality Inn & Suites,
Project location
Lucas County, OH
SBA district office
Columbus District Office
Congressional district
OH-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 34% 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 Ohio: $1,840,340.

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 Ohio