Main Street Registry

Staybridge Suites

Fairborn, OH · Hotels (except Casino Hotels) and Motels · NAICS 721110

Staybridge Suites in Fairborn, Ohio, operates in the Hotels (except Casino Hotels) and Motels industry (NAICS 721110). The business was financed with an SBA 7(a) loan for a change of ownership, approved on May 27, 2025, for $5 million through lender GBank, and the loan records 12 jobs.

SBA 7(a) loan, change of ownership, approved May 27, 2025

$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years (300 months)
Estimated maturity
May 27, 2050 (estimated, approval date plus term)
Estimated monthly payment
$39,423 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Starz Program
Project location
Greene County, OH
SBA district office
Columbus District Office
Congressional district
OH-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 76% 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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Same industry in Ohio