Best Western Lindale, TX
Best Western Lindale, TX is a hotel and motel business in Lindale, Texas, in the Hotels (except Casino Hotels) and Motels industry. It was financed with an SBA 7(a) loan for a change of ownership, approved on December 18, 2025, with a loan amount of $2,107,000 from US Metro Bank, and the loan reports 14 jobs and a franchise affiliation with Best Western.
SBA 7(a) loan, change of ownership, approved Dec 18, 2025
$2,107,000 approvedLender: US Metro Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,107,000
- SBA-guaranteed amount
- $1,580,250 (75% of the approval)
- Lender
- US Metro Bank, Garden Grove, 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
- December 18, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $16,613 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 25, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
- Project location
- Smith County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 27% 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 Texas: $1,944,682.
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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