Shayni Management, LLC
Shayni Management, LLC, located in East Peoria, IL, operates in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership, approved on May 13, 2026, with a $5 million loan amount through GBank and a 300-month term, and the loan supports 18 jobs. The business operates as a franchise under the Best Western brand family.
SBA 7(a) loan, change of ownership, approved May 13, 2026
$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 13, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $37,766 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 21, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
- Project location
- Tazewell County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% 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.
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