Super 8 by Wyndham Huntington
Super 8 by Wyndham Huntington is a hotel and motel business located in Huntington, Indiana, classified under NAICS code 721110 (Hotels, except casino hotels, and motels). The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,150,000, with Commonwealth Business Bank as the lender and loan approval dated November 24, 2025.
SBA 7(a) loan, change of ownership, approved Nov 24, 2025
$1,150,000 approvedLender: Commonwealth Business Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,150,000
- SBA-guaranteed amount
- $862,500 (75% of the approval)
- Lender
- Commonwealth Business Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- November 24, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $9,067 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Super 8 by Wyndhan / Super 8
- Project location
- Huntington County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 7% 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 Indiana: $1,995,900.
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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