Metrolodgingllc

2485 Metrocentre Blvd, West Palm Beach, FL 33407 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$6.5M

Jobs Supported

85

Years Active

2011–2019

Loan History (3)

Source: SBA FOIA
7(a)$1,515,000
Exempt
Approved
Feb 7, 2019 (FY2019)
SBA Guaranteed
$539,037 (36%)
Term
304 months (25.3 yrs)
Interest Rate
7.00%
Revolver
0
Jobs Supported
37
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

Sunrise Bank

109 E Church St, Ste 100, Orlando, FL 32801

Project Location

Palm Beach County, FL

7(a)$532,900
Exempt
Approved
Oct 30, 2015 (FY2016)
SBA Guaranteed
$399,675 (75%)
Term
300 months (25.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
22
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

Paradise Bank

3800 N Federal Hwy, Boca Raton, FL 33431

Project Location

Palm Beach County, FL

7(a)$4,500,000
Exempt
Approved
Sep 2, 2011 (FY2011)
SBA Guaranteed
$3,375,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
26
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

Paradise Bank

3800 N Federal Hwy, Boca Raton, FL 33431

Project Location

Palm Beach County, FL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
2485 Metrocentre Blvd
West Palm Beach, FL 33407

Lenders

Sunrise Bank
109 E Church St, Ste 100, Orlando, FL 32801
Paradise Bank
3800 N Federal Hwy, Boca Raton, FL 33431

Other SBA Borrowers in West Palm Beach

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