Rodeway Inn Kissimmee
Rodeway Inn Kissimmee is a hotel and motel business in Kissimmee, Florida, operating under the Rodeway Inn franchise brand, in the Hotels (except Casino Hotels) and Motels industry. The business was financed with an SBA 7(a) loan for a change of ownership of $4.4 million, approved on April 29, 2026 by Open Bank.
SBA 7(a) loan, change of ownership, approved Apr 29, 2026
$4,400,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,400,000
- SBA-guaranteed amount
- $3,300,000 (75% of the approval)
- Lender
- Open Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 29, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $33,234 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels
- Project location
- Osceola County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 68% 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 Florida: $1,808,559.
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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