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FRANCHISE BRAND· Hotels (except Casino Hotels) and Motels

SBA loans for Microtel

198 SBA loans have financed Microtel locations since 1996, written by 92 different lenders across 37 states. Half were approved for $1.0M or less, the mix is 504-heavy, and 62% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
198
none in last 5 yrs
Median approval
$1.0M
90th pct $1.7M
Total approved
$232.3M
all years
To new owners
62%
123 loans
Lenders
92
37 states
No SBA loan has been recorded for this brand in the last five years. That can mean the brand stopped franchising, was renamed, or is now recorded under a different name in the SBA extract. Treat the numbers above as history, not as current appetite.

The lenders that fund Microtel

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.

1
Atlanta, GA
Microtel loans
10
In last 5 yrs
0
Typical loan
$884K
To new owners
60%
Last approval
Jun 2011
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
2
Madison, WI
Microtel loans
8
In last 5 yrs
0
Typical loan
$781K
To new owners
38%
Last approval
Jul 2012
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Raleigh, NC
Microtel loans
8
In last 5 yrs
0
Typical loan
$1.6M
To new owners
25%
Last approval
Jun 2008
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
-, DC
Microtel loans
7
In last 5 yrs
0
Typical loan
$1.2M
To new owners
57%
Last approval
Nov 2008
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
5
Columbia, SC
Microtel loans
6
In last 5 yrs
0
Typical loan
$695K
To new owners
50%
Last approval
Dec 2003
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Mountain Brook, AL
Microtel loans
5
In last 5 yrs
0
Typical loan
$893K
To new owners
40%
Last approval
Aug 2011
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
7
Latham, NY
Microtel loans
5
In last 5 yrs
0
Typical loan
$974K
To new owners
100%
Last approval
Feb 2009
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
8
Durant, OK
Microtel loans
5
In last 5 yrs
0
Typical loan
$918K
To new owners
60%
Last approval
Jan 2009
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
9
Greenville, SC
Microtel loans
5
In last 5 yrs
0
Typical loan
$1.2M
To new owners
60%
Last approval
May 2007
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
10
Charlotte, NC
Microtel loans
4
In last 5 yrs
0
Typical loan
$829K
To new owners
50%
Last approval
Nov 2008
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
11
Chattanooga, TN
Microtel loans
4
In last 5 yrs
0
Typical loan
$789K
To new owners
75%
Last approval
May 2007
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
12
Berkeley Heights, NJ
Microtel loans
4
In last 5 yrs
0
Typical loan
$1.5M
To new owners
25%
Last approval
Aug 2003
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.