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RI
Westerly
Gene Properties LLC
SBA 7(a)
Paid in Full
Gene Properties LLC
Westerly, RI
Newtek Small Business Finance, Inc.
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$3,900,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2021-05-07
6% rate
JOBS SUPPORTED
28
Borrower-reported
Loan details & location
LOCATION
Westerly, RI
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Westerly, RI
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