Main Street Registry

Destiny Hospitality LLC

Hesston, KS · Hotels (except Casino Hotels) and Motels · NAICS 721110

Destiny Hospitality LLC is a hotel and motel business in Hesston, Kansas, classified under NAICS 721110 (Hotels, except casino hotels, and motels) and operating as a franchised Rodeway Inn. The company was financed with an SBA 7(a) loan for a change of ownership of $1,385,000, approved on July 17, 2025 by The Walton State Bank, with 6 jobs reported.

SBA 7(a) loan, change of ownership, approved Jul 17, 2025

$1,385,000 approvedLender: The Walton State Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,385,000
SBA-guaranteed amount
$1,038,750 (75% of the approval)
Lender
The Walton State Bank, Walton, KS
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
July 17, 2050 (estimated, approval date plus term)
Estimated monthly payment
$11,152 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 28, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels
Project location
Harvey County, KS
SBA district office
Wichita District Office
Congressional district
KS-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 10% 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 Kansas: $1,491,022.

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 Kansas