Tristar Hospitality Group LLC
Tristar Hospitality Group LLC is a hotel business in Athens, Texas, classified under the NAICS code for hotels (except casino hotels) and motels, and it operates as a Holiday Inn Express/Holiday Inn Express & Suites franchise. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $5 million, approved on September 18, 2025, through Bank of Hope, with 20 jobs reported.
SBA 7(a) loan, change of ownership, approved Sep 18, 2025
$5,000,000 approvedLender: Bank of Hope25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Bank of Hope, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 18, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $40,261 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Holiday Inn Express/Holiday Inn Express & Suites
- Project location
- Henderson County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% 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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