SBA 7(a)Current

MOTEL OF ALBANY INC.

Albany, NYBeacon Bank and TrustHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$4,156,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2025-11-14

9.75% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Albany, NY 12206

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

9.75%

LOAN STATUS

Current

Albany, NY 12206

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