Laxmi Inc. of Palm Bay
1175 Malabar Road Ne, Palm Bay, FL 32907 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$4.2M
Jobs Supported
69
Years Active
2015–2016
Loan History (2)
Source: SBA FOIA7(a)$100,000
Exempt
- Approved
- Feb 29, 2016 (FY2016)
- SBA Guaranteed
- $85,000 (85%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 5.50%
- Revolver
- 0
- Jobs Supported
- 46
- Business Type
- Corporation
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Promiseone Bank
2385 Pleasant Hill Rd, Duluth, GA 30096
Project Location
Brevard County, FL
7(a)$4,050,000
Exempt
- Approved
- Jul 21, 2015 (FY2015)
- SBA Guaranteed
- $3,037,500 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 0
- Jobs Supported
- 23
- Business Type
- Corporation
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Promiseone Bank
2385 Pleasant Hill Rd, Duluth, GA 30096
Project Location
Brevard County, FL
Business Details
- Business Type
- Corporation
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 1175 Malabar Road Ne
Palm Bay, FL 32907
Lender
- Promiseone Bank
- 2385 Pleasant Hill Rd, Duluth, GA 30096