SBA 7(a)Current

Newco Hospitality LLC

Glen Burnie, MDHanover Community BankHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$5,000,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2022-08-30

6.75% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Glen Burnie, MD 21061

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

6.75%

LOAN STATUS

Current

Glen Burnie, MD 21061

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