Main Street Registry

Days Inn By Wyndham Paducah

Paducah, KY · Hotels (except Casino Hotels) and Motels · NAICS 721110

Days Inn By Wyndham Paducah is a hotel business in Paducah, Kentucky, classified under the NAICS industry for hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership of $2.5 million, approved on January 22, 2025, by Farmers State Bank of Alto Pass, Illinois.

SBA 7(a) loan, change of ownership, approved Jan 22, 2025

$2,500,000 approvedLender: Farmers State Bank of Alto Pass, Illinois25 years termPaid in fullLoan details
Gross approval
$2,500,000
SBA-guaranteed amount
$1,875,000 (75% of the approval)
Lender
Farmers State Bank of Alto Pass, Illinois, Alto Pass, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
January 22, 2050 (estimated, approval date plus term)
Estimated monthly payment
$20,980 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 11, 2025
Loan status
Paid in full
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Days Inn / Days Inn by Wyndham
Project location
Mccracken County, KY
SBA district office
Kentucky District Office
Congressional district
KY-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 36% 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 Kentucky: $1,988,993.

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 Kentucky