Rodeo Inn
Rodeo Inn is located in Cheyenne, WY, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $1,848,000 for a change of ownership on July 29, 2025.
SBA 7(a) loan, change of ownership, approved Jul 29, 2025
- Gross approval
- $1,848,000
- SBA-guaranteed amount
- $1,386,000 (75% of the approval)
- Lender
- US Metro Bank, Garden Grove, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 29, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $15,193 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- Laramie County, WY
- SBA district office
- Wyoming District Office
- Congressional district
- WY-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 20% 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 Wyoming: $1,759,358.
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 Wyoming
- Fairbridge Inn Express, Buffalo
- Ramkota Hotel and Conference Center, Casper
- Maa Krupa LLC, Laramie