SBA 7(a)Current

Econo Lodge Naval Station Norfolk

Norfolk, VACommercial Bank of CaliforniaHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$4,790,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2023-03-13

9.25% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Norfolk, VA 23505

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

9.25%

LOAN STATUS

Current

Norfolk, VA 23505

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