Red Roof Inn
Red Roof Inn in Orlando, Florida, is classified under SBA industry code 721110 for hotels (except casino hotels) and motels, and it operates as a Red Roof Inn franchise. The business financed real estate or equipment through an SBA 504 loan of $2,110,000, approved on November 18, 2025, through Newtek Bank, National Association, with Florida Business Development Corporation as the certified development company.
SBA 504 loan, approved Nov 18, 2025
$2,110,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,110,000
- Bank portion
- $2,930,000
- Estimated project size
- $5,600,000 (estimated)
- Estimated owner equity
- $560,000 (estimated, about 10% of the project)
- Bank lender
- Newtek Bank, National Association, Miami, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 18, 2050 (estimated, approval date plus term)
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Red Roof Inn
- Project location
- Orange County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-10
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 36% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
- Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
- Average expansion loan in Florida: $2,058,496.
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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