Main Street Registry

Sleep Inn & Suites MKE Airport

Milwaukee, WI · Hotels (except Casino Hotels) and Motels · NAICS 721110

Sleep Inn & Suites MKE Airport in Milwaukee, WI operates in the hotels and motels industry (NAICS 721110) and is a Sleep Inn franchise. The business was financed with an SBA 7(a) loan for a change of ownership totaling $4,221,000, approved by Centerstone SBA Lending, Inc. on June 24, 2025.

SBA 7(a) loan, change of ownership, approved Jun 24, 2025

$4,221,000 approvedLender: Centerstone SBA Lending, Inc.25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,221,000
SBA-guaranteed amount
$3,165,750 (75% of the approval)
Lender
Centerstone SBA Lending, Inc., Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
June 24, 2050 (estimated, approval date plus term)
Estimated monthly payment
$35,422 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels
Project location
Milwaukee County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 66% 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 Wisconsin: $1,729,230.

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 Wisconsin