Main Street Registry

Garner by IHG - Denton

Denton, TX · Hotels (except Casino Hotels) and Motels · NAICS 721110

Garner by IHG - Denton is located in Denton, TX, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on August 14, 2026.

SBA 7(a) loan, change of ownership, approved Aug 14, 2026

Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
First Western SBLC, LLC d/b/a Peachtree Group, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years, 3 months (303 months)
Estimated maturity
November 14, 2051 (estimated, approval date plus term)
Estimated monthly payment
$38,471 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
16
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Garner
Project location
Denton County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-26
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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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Same industry in Texas