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Omkar Hospitality LLC

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

Omkar Hospitality LLC is a hotel, motel and related lodging business located in Hallettsville, Texas, classified under NAICS code 721110 for hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.8 million, with Global One Bank as the lender and an approval date of September 29, 2026.

SBA 7(a) loan, change of ownership, approved Sep 29, 2026

$1,800,000 approvedLender: Global One Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$1,800,000
SBA-guaranteed amount
$1,350,000 (75% of the approval)
Lender
Global One Bank, Houston, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
September 29, 2051 (estimated, approval date plus term)
Estimated monthly payment
$13,893 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
9
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Lavaca County, TX
SBA district office
San Antonio District Office
Congressional district
TX-10
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 19% 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