Main Street Registry

Best Western Plus Red River Inn

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

Best Western Plus Red River Inn is a hotel or motel business in Clarendon, TX, in the Hotels (except Casino Hotels) and Motels industry. It was financed with an SBA 7(a) loan for a change of ownership, approved on April 1, 2026, in the amount of $4,282,800 through Enterprise Bank & Trust.

SBA 7(a) loan, change of ownership, approved Apr 1, 2026

$4,282,800 approvedLender: Enterprise Bank & Trust25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,282,800
SBA-guaranteed amount
$3,212,100 (75% of the approval)
Lender
Enterprise Bank & Trust, Clayton, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.5%, variable
Term
25 years (300 months)
Estimated maturity
April 1, 2051 (estimated, approval date plus term)
Estimated monthly payment
$31,650 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 9, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
15
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
Donley County, TX
SBA district office
Lubbock District Office
Congressional district
TX-13
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 68% 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