Main Street Registry

DDQ Hospitality LLC dba Ramada Inn Wytheville

Wytheville, VA · Hotels (except Casino Hotels) and Motels · NAICS 721110

DDQ Hospitality LLC dba Ramada Inn Wytheville is a hotel and motel business in Wytheville, Virginia, in the Hotels (except Casino Hotels) and Motels industry. The business was financed with an SBA 7(a) loan for a change of ownership of $3,475,000, approved on July 18, 2025, through lender GBank. The business is listed as a Ramada franchise.

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

$3,475,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,475,000
SBA-guaranteed amount
$2,606,250 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
July 18, 2050 (estimated, approval date plus term)
Estimated monthly payment
$27,982 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
18
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Ramada / Ramada by Wyndham / Ramada Plaza / Ramada Plaza by Wyndham
Project location
Wythe County, VA
SBA district office
Richmond District Office
Congressional district
VA-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 55% 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 Virginia: $1,860,760.

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 Virginia