3440 Las Colinas RE, LLC
3440 Las Colinas RE, LLC is a hotel and motel business located in Irving, Texas, operating under the HomeTowne Studios by Red Roof franchise. The company was financed with an SBA 7(a) loan for a change of ownership, approved on June 15, 2026, in the amount of $5 million through lender GBank. The loan supports the business's reported 17 jobs.
SBA 7(a) loan, change of ownership, approved Jun 15, 2026
$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- June 15, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $38,591 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- HomeTowne Studios by Red Roof
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-24
- 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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