Super 8 Wyndham Coshocton
Super 8 Wyndham Coshocton is a hotel and motel business in Coshocton, Ohio, classified under NAICS 721110 (Hotels, except Casino Hotels, and Motels). The company was financed with an SBA 7(a) loan for a change of ownership of $1.66 million, approved on July 28, 2025 by lender GBank, and the business is listed as a Super 8 by Wyndham franchise.
SBA 7(a) loan, change of ownership, approved Jul 28, 2025
$1,664,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,664,000
- SBA-guaranteed amount
- $1,248,000 (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
- July 28, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $13,399 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 8, 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
- Coshocton County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 16% 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 Ohio: $1,840,340.
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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