Main Street Registry

Makanji & Sons LLC

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

Makanji & Sons LLC, located in Rockdale, TX, operates in the hotels (except casino hotels) and motels industry, NAICS code 721110. The company was financed with an SBA 7(a) loan for a change of ownership of $1,625,000 from Open Bank, with a loan approval date of September 25, 2026.

SBA 7(a) loan, change of ownership, approved Sep 25, 2026

$1,625,000 approvedLender: Open Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$1,625,000
SBA-guaranteed amount
$1,218,750 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
September 25, 2051 (estimated, approval date plus term)
Estimated monthly payment
$12,274 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
8
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
Milam County, TX
SBA district office
Houston District Office
Congressional district
TX-17
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 15% 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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Same industry in Texas