SBA 7(a)Paid in Full

Prime Hospitality & Development LLC

Raleigh, NCShoreham BankHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$3,435,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2021-05-19

5.75% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Raleigh, NC 27603

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

5.75%

LOAN STATUS

Paid in Full

Raleigh, NC 27603

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