Coratel Suites
Coratel Suites is located in Wichita, KS, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $1,520,000 for a change of ownership on September 18, 2024.
- Business type
- Corporation
- Business age reported
- Change of Ownership
- Franchise
- Coratel Inn & Suites
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| Sep 18, 2024 | $1,520,000 | $1,140,000 | First Western SBLC, LLC d/b/a Peachtree Group | 299 months | 9.5% variable | 4 | Status not reported (SBA exemption) |
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