# Econo Lodge Inn & Suites Madras, Madras OR: $1,305,000 SBA 504 loan approved 2026-06-15

**Fresh Capital Score:** 45/100

| Field | Value |
|---|---|
| Business | Econo Lodge Inn & Suites Madras |
| Location | Madras, OR, 97741 |
| County | JEFFERSON |
| Program | SBA 504 |
| Gross approval | $1,305,000 |
| Approved | 2026-06-15 |
| Lender | The Mortgage Capital Development Corporation |
| Third-party lender | WaFd Bank |
| Term (months) | 300 |
| Industry | Logging |
| NAICS | 113310 |
| Franchise | Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels |
| Business type | CORPORATION |
| Business age | Existing or more than 2 years old |
| Jobs supported | 5 |

## Why this score
- Approval of $500K or more.
- Franchise (Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels).

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.