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NC
Morganton
Morganton Lodging Associates, LP
SBA 7(a)
Paid in Full
Morganton Lodging Associates, LP
Morganton, NC
Live Oak Banking Company
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2018-09-28
6.75% rate
JOBS SUPPORTED
26
Borrower-reported
Loan details & location
LOCATION
Morganton, NC 28655
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Partnership
LOAN TERM
26 years
INITIAL INTEREST RATE
6.75%
LOAN STATUS
Paid in Full
Morganton, NC 28655
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