Vitrag Inc.
1595 Mechanical Blvd, Garner, NC 27529 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$3.4M
Jobs Supported
12
Years Active
2015–2018
Loan History (2)
Source: SBA FOIA7(a)$955,000
Paid in Full
- Approved
- Mar 7, 2018 (FY2018)
- SBA Guaranteed
- $716,250 (75%)
- Term
- 310 months (25.8 yrs)
- Interest Rate
- 6.25%
- Revolver
- 0
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
- Paid in Full
- Apr 30, 2025
Lender
Southstate Bank, National Association
1101 First St South, Winter Haven, FL 33880
Project Location
Wake County, NC
7(a)$2,466,900
Paid in Full
- Approved
- Jun 22, 2015 (FY2015)
- SBA Guaranteed
- $1,850,175 (75%)
- Term
- 304 months (25.3 yrs)
- Interest Rate
- 5.00%
- Revolver
- 0
- Jobs Supported
- 12
- Business Type
- Corporation
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
- Paid in Full
- Apr 30, 2025
Lender
Southstate Bank, National Association
1101 First St South, Winter Haven, FL 33880
Project Location
Wake County, NC
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 1595 Mechanical Blvd
Garner, NC 27529
Lender
- Southstate Bank, National Association
- 1101 First St South, Winter Haven, FL 33880