Main Street Registry

Garner by IHG - Ellis

Ellis, KS · Hotels (except Casino Hotels) and Motels · NAICS 721110

Garner by IHG - Ellis is a hotel and motel business located in Ellis, Kansas, operating in the Hotels (except Casino Hotels) and Motels industry under NAICS code 721110. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $2.4 million, approved by First Western SBLC, LLC d/b/a Peachtree Group with a date of September 30, 2026.

SBA 7(a) loan, change of ownership, approved Sep 30, 2026

$2,409,000 approvedLender: First Western SBLC, LLC d/b/a Peachtree Group306 months termCommitted, not fully disbursedLoan details
Gross approval
$2,409,000
SBA-guaranteed amount
$1,806,750 (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
8.75%, variable
Term
25 years, 6 months (306 months)
Estimated maturity
March 30, 2052 (estimated, approval date plus term)
Estimated monthly payment
$19,698 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
10
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Garner
Project location
Ellis County, KS
SBA district office
Wichita District Office
Congressional district
KS-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 34% 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 Kansas: $1,491,022.

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 Kansas