Main Street Registry

TX146 Sapphire Group LLC

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

TX146 Sapphire Group LLC is located in Texas City, TX, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $3,438,000 for a change of ownership on September 24, 2025.

SBA 7(a) loan, change of ownership, approved Sep 24, 2025

Gross approval
$3,438,000
SBA-guaranteed amount
$2,578,500 (75% of the approval)
Lender
Global One Bank, Houston, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
September 24, 2050 (estimated, approval date plus term)
Estimated monthly payment
$27,684 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Days Inn / Days Inn by Wyndham
Project location
Galveston 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)

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Texas