Quality Inn Aurora
Quality Inn Aurora is located in Aurora, IL, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $3,060,000 for a change of ownership on September 25, 2025.
SBA 7(a) loan, change of ownership, approved Sep 25, 2025
- Gross approval
- $3,060,000
- SBA-guaranteed amount
- $2,295,000 (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
- September 25, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $24,640 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Quality Inn, Quality Inn & Suites,
- Project location
- Dupage County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 48% 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 Illinois: $1,796,780.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Illinois
- Horizon Lodging Ventures LLC, Peru
- Tuscola Hotel Management, Inc., Tuscola
- Fortune Hospitality LLC, Freeport
- Shayni Management, LLC, East Peoria
- Girdhar Hotels LLC, Peoria
- Courtyard by Marriott Bloomington Normal, Normal
- County Inn & Suites By Radisson Hoffman Estates, Hoffman Estates
- UIUC Hospitality LLC, Champaign