Longhorn Flats Llc

1409 Verdel Ave., Carlsbad, NM 88220 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$3.9M

Jobs Supported

16

Years Active

2019

Loan History (1)

Source: SBA FOIA
7(a)$3,916,800
Paid in Full
Approved
Jun 7, 2019 (FY2019)
SBA Guaranteed
$2,937,600 (75%)
Term
192 months (16.0 yrs)
Interest Rate
6.10%
Revolver
0
Jobs Supported
16
Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Nov 30, 2022

Lender

First American Bank

303 W Main St, Artesia, NM 88210

Project Location

Eddy County, NM

Business Details

Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
1409 Verdel Ave.
Carlsbad, NM 88220

Lender

First American Bank
303 W Main St, Artesia, NM 88210

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