Main Street Registry

Travelodge Fort Wayne

Fort Wayne, IN · Hotels (except Casino Hotels) and Motels · NAICS 721110

Travelodge Fort Wayne is a hotel and motel business located in Fort Wayne, Indiana, operating under the Travelodge by Wyndham franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $2.4 million, approved by GBank on September 8, 2025.

SBA 7(a) loan, change of ownership, approved Sep 8, 2025

$2,400,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,400,000
SBA-guaranteed amount
$1,800,000 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
September 8, 2050 (estimated, approval date plus term)
Estimated monthly payment
$19,325 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Travelodge by Wyndham
Project location
Allen County, IN
SBA district office
Indiana District Office
Congressional district
IN-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 33% 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 Indiana: $1,995,900.

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 Indiana