Schreiner and Kwon Inc

SBA 7(a) loan, change of ownership, approved Jan 27, 2026

Gross approval

$4,400,000

SBA-guaranteed amount

$2,468,400 (56% of the approval)

Lender

American Continental Bank, City of Industry, CA

Processing method

Preferred Lender Program: lender approved under delegated SBA authority

Initial interest rate

7.75%, variable

Term

25 years (300 months)

Estimated maturity

January 27, 2051 (estimated, approval date plus term)

Estimated monthly payment

$33,234 Estimated payment at the initial rate over the full term; actual terms vary.

First disbursement

Feb 27, 2026

Loan status

Status not reported (SBA exemption)

Jobs supported

20

Business type

Corporation

NAICS

721110, Hotels (except Casino Hotels) and Motels

Franchise

Holiday Inn Express/Holiday Inn Express & Suites

Project location

Harris County, TX

SBA district office

Houston District Office

Congressional district

TX-36

Collateral

Yes

Guaranteed portion sold on secondary market

Yes

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.