SBA 7(a)PURCH(NOT C/O)

COLONIAL INN HILLSBOROUGH, INC.

Hillsborough, NCCeltic Bank CorporationHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$4,909,300

PROGRAM

SBA 7(a)

27 years term

APPROVED

2018-12-20

7.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Hillsborough, NC 27278

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

27 years

INITIAL INTEREST RATE

7.5%

LOAN STATUS

PURCH(NOT C/O)

Hillsborough, NC 27278

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