Main Street Registry

Red Roof Plus Savannah |-95

Savannah, GA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Red Roof Plus Savannah I-95 is a hotel, motel and related lodging business located in Savannah, Georgia, classified under NAICS 721110 for hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $4,456,000, approved on August 5, 2025 by lender GBank. The business operates as a Red Roof Inn franchise and reported 12 jobs in SBA loan records.

SBA 7(a) loan, change of ownership, approved Aug 5, 2025

$4,456,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,456,000
SBA-guaranteed amount
$3,342,000 (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
August 5, 2050 (estimated, approval date plus term)
Estimated monthly payment
$35,881 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 19, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Red Roof Inn
Project location
Chatham County, GA
SBA district office
Georgia District Office
Congressional district
GA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 70% 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 Georgia: $2,017,638.

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 Georgia