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NC
Raleigh
Prime Hospitality & Development LLC
SBA 7(a)
Paid in Full
Prime Hospitality & Development LLC
Raleigh, NC
Shoreham Bank
Hotels (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
11
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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$2,500,000
KHAN VP SIOUX FALLS, LLC
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