TX146 Sapphire Group LLC
TX146 Sapphire Group LLC is located in Texas City, TX, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $3,438,000 for a change of ownership on September 24, 2025.
SBA 7(a) loan, change of ownership, approved Sep 24, 2025
- Gross approval
- $3,438,000
- SBA-guaranteed amount
- $2,578,500 (75% of the approval)
- Lender
- Global One Bank, Houston, TX
- 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 24, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $27,684 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Days Inn / Days Inn by Wyndham
- Project location
- Galveston County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 54% 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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