Main Street Registry

Maa Dfw Investments LLC

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

Maa Dfw Investments LLC, located in Webster, TX, operates in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $4.3 million, approved on October 12, 2023 by lender GBank.

SBA 7(a) loan, change of ownership, approved Oct 12, 2023

$4,277,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,277,000
SBA-guaranteed amount
$3,207,750 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
October 12, 2048 (estimated, approval date plus term)
Estimated monthly payment
$35,892 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 17, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Candlewood Suites
Project location
Harris 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 67% 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