Garner by IHG - Denton
Garner by IHG - Denton is a hotel business located in Denton, Texas, in the hotels and motels industry (NAICS 721110). The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $5 million approved on August 14, 2026, through First Western SBLC, LLC d/b/a Peachtree Group. The loan reports 16 jobs and is associated with the Garner franchise.
SBA 7(a) loan, change of ownership, approved Aug 14, 2026
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- First Western SBLC, LLC d/b/a Peachtree Group, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years, 3 months (303 months)
- Estimated maturity
- November 14, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $38,471 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Garner
- Project location
- Denton County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- 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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