Red Roof Inn Clyde
Red Roof Inn Clyde is a franchised business in Clyde, Ohio, in the hotels and motels industry (NAICS 721110). The company was financed with an SBA 7(a) loan for a change of ownership, approved on February 17, 2026, for $2,547,000 through First Western SBLC, LLC d/b/a Peachtree Group.
SBA 7(a) loan, change of ownership, approved Feb 17, 2026
$2,547,000 approvedLender: First Western SBLC, LLC d/b/a Peachtree Group25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,547,000
- SBA-guaranteed amount
- $1,910,250 (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
- 7.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 17, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $19,238 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 19, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Red Roof Inn
- Project location
- Sandusky County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 37% 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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