Main Street Registry

Shanti Rise LLC

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

Shanti Rise LLC is a hotel and motel business in Waco, Texas, classified under the industry Hotels (except Casino Hotels) and Motels. The company was financed with an SBA 7(a) loan for a change of ownership of $3.4 million, approved through Plains State Bank on November 20, 2025, and the business operates as a Studio 6 franchise.

SBA 7(a) loan, change of ownership, approved Nov 20, 2025

$3,400,000 approvedLender: Plains State Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,400,000
SBA-guaranteed amount
$2,550,000 (75% of the approval)
Lender
Plains State Bank, Humble, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
November 20, 2050 (estimated, approval date plus term)
Estimated monthly payment
$27,378 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 5, 2025
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Studio 6
Project location
Mclennan County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-17
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 53% 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