First Western SBLC, Inc Motel 6 SBA Loans in Ohio — 3 Funded
Ohio loan data 2013–2021 · Updated May 2026
First Western SBLC, Inc has funded 3 SBA loans to Motel 6 franchisees in Ohio, totaling $4.6M in approved financing across 3 cities and 2 congressional districts.
The average Motel 6 loan in Ohio from First Western SBLC, Inc is $1.5M at a 5.75% average interest rate, with terms averaging 302 months. The Ohio default rate is 0% based on 3 resolved loans. Ohio represents 12.5% of First Western SBLC, Inc's total Motel 6 lending nationally. These loans collectively support 22 Ohio jobs. SBA-guaranteed portion totals $3.8M (80% of approved volume).
How Ohio Compares to First Western SBLC, Inc's National Motel 6 Lending
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First Western SBLC, Inc is one of 6+ lenders who have funded Motel 6 in Ohio. We can help you compare options and connect with lenders experienced in this brand and state — no retainers, referral fee at closing.
First Western SBLC, Inc Motel 6 Loan Performance in Ohio
Based on 3 SBA loans originated by First Western SBLC, Inc for Motel 6 franchisees with Ohio addresses, the Ohio-specific lending relationship spans 2013–2021. Of 3 resolved Ohio loans, 3 were paid in full and 0 resulted in chargeoffs.
The Ohio loan size range extends from $1.0M to $2.5M, indicating First Western SBLC, Inc funds both smaller single-unit Motel 6 operations and larger multi-unit or renovation projects in Ohio. Each loan supports an average of 7 jobs in the local economy, and the portfolio collectively supports 22 Ohio jobs. Most Ohio 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 Ohio loans in the last 2 fiscal years and 1 since fiscal year 2020. The most recent Motel 6 Ohio approval recorded is from FY2021. Note: lack of recent activity may indicate First Western SBLC, Inc has paused, slowed, or exited Motel 6 Ohio lending — borrowers should verify current appetite directly.
SBA guarantee profile: The SBA-guaranteed portion of First Western SBLC, Inc's Motel 6 Ohio loans averages 80% of approved volume, totaling $3.8M 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% Ohio default rate is a strong indicator of loan quality. This suggestsFirst Western SBLC, Inc has effective underwriting standards for Motel 6 deals in Ohio and/or Ohio Motel 6 franchisees have strong unit economics that support debt service. For prospective Ohio 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 Ohio
| Program | Loans | Avg Size | Avg Rate | Avg Term |
|---|---|---|---|---|
| SBA 7A | 3 | $1.5M | 5.75% | 302 mo |
Motel 6 Loan Size Distribution from First Western SBLC, Inc in Ohio
How First Western SBLC, Inc's Motel 6 Ohio loan sizes break down by deal size. Useful for sizing your own deal: where do most Ohio Motel 6 approvals land?
| Loan Size Range | Loans | Avg Loan Size | % of Ohio Loans |
|---|---|---|---|
| $750K-$1.5M | 2 | $1.1M | 67% |
| Over $1.5M | 1 | $2.5M | 33% |
How First Western SBLC, Inc Originates Motel 6 Loans in Ohio
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 Ohio delivery methods for Motel 6:
| Delivery Method | Loans | Avg Loan Size |
|---|---|---|
| Preferred Lenders Program | 3 | $1.5M |
Where in Ohio First Western SBLC, Inc Funds Motel 6 Locations
| City | Loans | Avg Loan Size | Total Volume | Default Rate |
|---|---|---|---|---|
| Streetsboro | 1 | $2.5M | $2.5M | 0% — Low Risk |
| London | 1 | $1.0M | $1.0M | 0% — Low Risk |
| Troy | 1 | $1.1M | $1.1M | 0% — Low Risk |
First Western SBLC, Inc's strongest Motel 6 lending presence in Ohio is concentrated in Streetsboro (1 loans), London (1 loans), Troy (1 loans).
First Western SBLC, Inc Motel 6 Lending in Ohio Over Time
| Year | Loans | Avg Size | Total Volume | Avg Rate |
|---|---|---|---|---|
| 2021 | 1 | $2.5M | $2.5M | 5.25% |
| 2015 | 1 | $1.1M | $1.1M | 6% |
| 2013 | 1 | $1.0M | $1.0M | 6% |
Other Lenders That Fund Motel 6 in Ohio
First Western SBLC, Inc is not the only lender funding Motel 6 in Ohio. Compare 5 other banks who have originated Motel 6 SBA loans to Ohio borrowers.
| Lender | Ohio Loans | Avg Size | Default Rate |
|---|---|---|---|
| First Western SBLC, Inc (this page) | 3 | $1.5M | 0% — Low Risk |
| Cadence Bank | 4 | $1.7M | N/A |
| GBank | 3 | $1.8M | 0% — Low Risk |
| PromiseOne Bank | 3 | $1.0M | 66.7% — High Risk |
| Shoreham Bank | 3 | $1.9M | 0% — Low Risk |
| Telhio Credit Union Inc | 2 | $1.8M | 0% — Low Risk |
Other Franchises First Western SBLC, Inc Funds in Ohio
First Western SBLC, Inc is active in Ohio franchise lending beyond Motel 6. Other Ohio 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 Ohio
If you're considering a Motel 6 franchise in Ohio 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 Ohio 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 Ohio Lenders
6 lenders have funded Motel 6 in Ohio. 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 Ohio 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 Ohio historical data: The average Motel 6 SBA loan from First Western SBLC, Inc in Ohio is $1.5M with a 5.75% interest rate and a 302-month term.Ohio loan amounts range from $1.0M to $2.5M.
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We connect you with lenders who have already funded Motel 6 in Ohio — so you can compare terms and close with confidence. No retainers. Referral fee paid at closing.