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SBA 7(a)Current

SONESTA SELECT WHIPPANY HANOVER

Whippany, NJGBankHotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2025-09-17
8.5% rate
JOBS SUPPORTED
20
Borrower-reported

Loan details & location

LOCATION
Whippany, NJ
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
8.5%
LOAN STATUS
Current
Whippany, NJ
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