First Western SBLC, Inc Motel 6 SBA Loans in Indiana — 3 Funded
Indiana loan data 2010–2021 · Updated May 2026
First Western SBLC, Inc has funded 3 SBA loans to Motel 6 franchisees in Indiana, totaling $4.1M in approved financing across 2 cities and 2 congressional districts.
The average Motel 6 loan in Indiana from First Western SBLC, Inc is $1.4M at a 5.83% average interest rate, with terms averaging 302 months. The Indiana default rate is 0% based on 1 resolved loans. Indiana represents 12.5% of First Western SBLC, Inc's total Motel 6 lending nationally. These loans collectively support 35 Indiana jobs. SBA-guaranteed portion totals $3.7M (90% of approved volume).
How Indiana Compares to First Western SBLC, Inc's National Motel 6 Lending
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First Western SBLC, Inc Motel 6 Loan Performance in Indiana
Based on 3 SBA loans originated by First Western SBLC, Inc for Motel 6 franchisees with Indiana addresses, the Indiana-specific lending relationship spans 2010–2021. Of 1 resolved Indiana loans, 1 were paid in full and 0 resulted in chargeoffs.
The Indiana loan size range extends from $975K to $1.6M, indicating First Western SBLC, Inc funds both smaller single-unit Motel 6 operations and larger multi-unit or renovation projects in Indiana. Each loan supports an average of 12 jobs in the local economy, and the portfolio collectively supports 35 Indiana jobs. Most Indiana Motel 6 loans from First Western SBLC, Inc are classified under "Hotels (except Casino Hotels) and Motels" (NAICS).
Recent activity: First Western SBLC, Inc has originated 0 Motel 6 Indiana loans in the last 2 fiscal years and 2 since fiscal year 2020. The most recent Motel 6 Indiana approval recorded is from FY2021. Note: lack of recent activity may indicate First Western SBLC, Inc has paused, slowed, or exited Motel 6 Indiana lending — borrowers should verify current appetite directly.
SBA guarantee profile: The SBA-guaranteed portion of First Western SBLC, Inc's Motel 6 Indiana loans averages 90% of approved volume, totaling $3.7M in federally-backed exposure. 7(a) loans typically carry a 75-85% guarantee, so a higher percentage suggests a smaller-loan/SBA Express mix; lower suggests larger PLP deals where the lender retains more risk.
The 0% Indiana default rate is a strong indicator of loan quality. This suggestsFirst Western SBLC, Inc has effective underwriting standards for Motel 6 deals in Indiana and/or Indiana Motel 6 franchisees have strong unit economics that support debt service. For prospective Indiana borrowers, this is an encouraging signal — First Western SBLC, Incunderstands the Motel 6 business model in this market and has a track record of successful outcomes here.
SBA Programs Used for Motel 6 Loans in Indiana
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 3 | $1.4M | 5.83% | 302 mo |
Motel 6 Loan Size Distribution from First Western SBLC, Inc in Indiana
How First Western SBLC, Inc's Motel 6 Indiana loan sizes break down by deal size. Useful for sizing your own deal: where do most Indiana Motel 6 approvals land?
| Loan Size Range | Loans | Avg Loan Size | % of Indiana Loans |
|---|---|---|---|
| $750K-$1.5M | 1 | $975K | 33% |
| Over $1.5M | 2 | $1.6M | 67% |
How First Western SBLC, Inc Originates Motel 6 Loans in Indiana
SBA delivery method matters: Preferred Lenders Program (PLP) closes 2-3 weeks faster than General Processing because the lender holds full credit authority. First Western SBLC, Inc uses 1 different Indiana delivery methods for Motel 6:
| Delivery Method | Loans | Avg Loan Size |
|---|---|---|
| Preferred Lenders Program | 3 | $1.4M |
Where in Indiana First Western SBLC, Inc Funds Motel 6 Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Richmond | 2 | $1.6M | $3.1M | N/A |
| Kokomo | 1 | $975K | $975K | 0% — Low Risk |
First Western SBLC, Inc's strongest Motel 6 lending presence in Indiana is concentrated in Richmond (2 loans), Kokomo (1 loans).
First Western SBLC, Inc Motel 6 Lending in Indiana Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2021 | 2 | $1.6M | $3.1M | 5.75% |
| 2011 | 1 | $975K | $975K | 6% |
Other Lenders That Fund Motel 6 in Indiana
First Western SBLC, Inc is not the only lender funding Motel 6 in Indiana. Compare 4 other banks who have originated Motel 6 SBA loans to Indiana borrowers.
| Lender | Indiana Loans | Avg Size | Default Rate |
|---|---|---|---|
| First Western SBLC, Inc (this page) | 3 | $1.4M | 0% — Low Risk |
| Millennium Bank | 4 | $2.6M | 0% — Low Risk |
| Celtic Bank Corporation | 3 | $1.3M | 0% — Low Risk |
| Indiana Statewide Certified De | 2 | $804K | 100% — High Risk |
| Metro City Bank | 2 | $2.0M | N/A |
Other Franchises First Western SBLC, Inc Funds in Indiana
First Western SBLC, Inc is active in Indiana franchise lending beyond Motel 6. Other Indiana franchise brands they have funded:
First Western SBLC, Inc Motel 6 Lending in Other States
First Western SBLC, Inc has also funded Motel 6 franchisees in 2 other states. View state-specific data:
How to Get an SBA Loan for a Motel 6 Franchise in Indiana
If you're considering a Motel 6 franchise in Indiana and want to finance through First Western SBLC, Inc or another SBA lender, here's what you need to know based on our analysis of 3 historical Indiana loans.
Verify Your Qualifications
Most SBA franchise loans require a 680+ credit score, 20-30% down payment, and relevant industry or management experience.Motel 6's franchise fee and total investment determine minimum capital requirements.
Compare Indiana Lenders
5 lenders have funded Motel 6 in Indiana. Lenders with more local Motel 6 experience typically close faster because they understand both the brand and the local market. Compare rates, default rates, and city coverage above.
Get Pre-Qualified
PeerSense matches Indiana borrowers with lenders who have a proven track record funding Motel 6 in your state. No retainers — our referral fee is paid at closing. Get matched in 24 hours.
Expected loan terms based on Indiana historical data: The average Motel 6 SBA loan from First Western SBLC, Inc in Indiana is $1.4M with a 5.83% interest rate and a 302-month term.Indiana loan amounts range from $975K to $1.6M.
Ready to Fund Your Motel 6 Franchise in Indiana?
We connect you with lenders who have already funded Motel 6 in Indiana — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.