Balwantrai Hirabhai Patel
5220 Lovington Highway, Hobbs, NM 88240 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$4.7M
Jobs Supported
18
Years Active
2013
Loan History (1)
Source: SBA FOIA7(a)$4,711,000
Exempt
- Approved
- Jan 4, 2013 (FY2013)
- SBA Guaranteed
- $2,064,831 (44%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 0
- Jobs Supported
- 18
- Business Type
- Corporation
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Bank of Hope
3200 Wilshire Blvd 1st Fl, Los Angeles, CA 90010
Project Location
Lea County, NM
Business Details
- Business Type
- Corporation
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 5220 Lovington Highway
Hobbs, NM 88240
Lender
- Bank of Hope
- 3200 Wilshire Blvd 1st Fl, Los Angeles, CA 90010