Main Street Registry

Best Western Chieftain Inn

Wenatchee, WA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Best Western Chieftain Inn is a hotel and motel business in Wenatchee, Washington, classified under the industry Hotels (except Casino Hotels) and Motels (NAICS 721110). The business was financed with an SBA 7(a) loan for a change of ownership totaling $5 million, approved by PCB Bank on November 18, 2025. The loan is associated with 12 jobs and the business operates as a Best Western franchise.

SBA 7(a) loan, change of ownership, approved Nov 18, 2025

$5,000,000 approvedLender: PCB Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
PCB Bank, 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
November 18, 2050 (estimated, approval date plus term)
Estimated monthly payment
$37,766 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 26, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
Project location
Chelan County, WA
SBA district office
Seattle District Office
Congressional district
WA-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 Washington: $1,784,595.

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 Washington