Main Street Registry

Red Roof Inn Buffalo - Hamburg/ I-90

Hamburg, NY · Hotels (except Casino Hotels) and Motels · NAICS 721110

Red Roof Inn Buffalo - Hamburg/ I-90 is a hotel and motel business located in Hamburg, NY, in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership of $3,575,000, approved on April 21, 2025 by lender PCB Bank.

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

$3,575,000 approvedLender: PCB Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,575,000
SBA-guaranteed amount
$2,681,250 (75% of the approval)
Lender
PCB Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years (300 months)
Estimated maturity
April 21, 2050 (estimated, approval date plus term)
Estimated monthly payment
$28,187 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 24, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Erie County, NY
SBA district office
Buffalo District Office
Congressional district
NY-27
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 56% 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 New York: $1,771,512.

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 New York