281 SBA loans have financed La Quinta by Wyndham a.k.a. La Quinta Inn & Suites locations since 2014, written by 99 different lenders across 37 states. Half were approved for $3.7M or less, the mix is a mix of 7(a) and 504, and 38% went to owners whose business was under two years old.
A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.