SBA 7(a)Current

New Image Hospitality, LLC

Lynchburg, VAHanover Community BankHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$4,034,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2025-05-15

8.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Lynchburg, VA 24502

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

8.5%

LOAN STATUS

Current

Lynchburg, VA 24502

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