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NC
Spruce Pine
Pine Valley Motel
SBA 7(a)
Current
Pine Valley Motel
Spruce Pine, NC
Peoples Bank
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$867,300
PROGRAM
SBA 7(a)
25 years term
APPROVED
2021-06-03
6% rate
JOBS SUPPORTED
5
Borrower-reported
Loan details & location
LOCATION
Spruce Pine, NC 28777
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Current
Spruce Pine, NC 28777
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