Sai Wichita LLC
Sai Wichita LLC, located in Wichita, Kansas, operates in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $2,540,000 from Bank of Hope, approved on February 6, 2026. The loan supports 10 jobs and is associated with the Extended Stay America Suites franchise.
SBA 7(a) loan, change of ownership, approved Feb 6, 2026
$2,540,000 approvedLender: Bank of Hope25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,540,000
- SBA-guaranteed amount
- $1,905,000 (75% of the approval)
- Lender
- Bank of Hope, 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
- February 6, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $19,185 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Extended Stay America Suites
- Project location
- Sedgwick County, KS
- SBA district office
- Wichita District Office
- Congressional district
- KS-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- 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 Kansas: $1,491,022.
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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