Laxmi Hotels of Spring Lake Inc

256 S Main St, Spring Lake, NC 28390 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$2.5M

Jobs Supported

21

Years Active

2009–2015

Loan History (2)

Source: SBA FOIA
7(a)$1,385,000
Paid in Full
Approved
Aug 6, 2015 (FY2015)
SBA Guaranteed
$1,038,750 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
15
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
May 31, 2018

Lender

Capital Bank, National Association

2275 Research Blvd Ste 600, Rockville, MD 20850

Project Location

Cumberland County, NC

7(a)$1,128,000
Paid in Full
Approved
Mar 27, 2009 (FY2009)
SBA Guaranteed
$1,015,200 (90%)
Term
300 months (25.0 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
6
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Aug 31, 2015

Lender

Gulf Coast Bank and Trust Company

200 St. Charles Ave, New Orleans, LA 70130

Project Location

Cumberland County, NC

Business Details

Business Type
Corporation
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
256 S Main St
Spring Lake, NC 28390

Lenders

Capital Bank, National Association
2275 Research Blvd Ste 600, Rockville, MD 20850
Gulf Coast Bank and Trust Company
200 St. Charles Ave, New Orleans, LA 70130

Other SBA Borrowers in Spring Lake

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