Cirrus Hospitality Llc

1715 Plaza Lane, Allentown, PA 18104 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$6.2M

Jobs Supported

56

Years Active

2014–2017

Loan History (3)

Source: SBA FOIA
7(a)$346,000
Paid in Full
Approved
Nov 17, 2016 (FY2017)
SBA Guaranteed
$259,500 (75%)
Term
275 months (22.9 yrs)
Interest Rate
6.25%
Revolver
0
Jobs Supported
29
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Nov 30, 2019

Lender

Wilmington Savings Fund Society Fsb

500 Delaware Ave, Wilmington, DE 19801

Project Location

Lehigh County, PA

7(a)$3,038,000
Paid in Full
Approved
Sep 16, 2014 (FY2014)
SBA Guaranteed
$2,278,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
27
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Nov 30, 2019

Lender

Wilmington Savings Fund Society Fsb

500 Delaware Ave, Wilmington, DE 19801

Project Location

Lehigh County, PA

7(a)$2,800,000
Cancelled
Approved
Jul 23, 2014 (FY2014)
SBA Guaranteed
$2,100,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
6.00%
Revolver
0
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

Fulton Bank, National Association

One Penn Sq, Lancaster, PA 17602

Project Location

Lehigh County, PA

Business Details

Business Type
Corporation
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
1715 Plaza Lane
Allentown, PA 18104

Lenders

Wilmington Savings Fund Society Fsb
500 Delaware Ave, Wilmington, DE 19801
Fulton Bank, National Association
One Penn Sq, Lancaster, PA 17602

Other SBA Borrowers in Allentown

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