Cburg Hotels Llc

1123 Lincoln Way East, Chambersburg, PA 17201 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$5.0M

Jobs Supported

72

Years Active

2016–2016

Loan History (2)

Source: SBA FOIA
7(a)$900,000
Charged Off
Approved
Jun 15, 2016 (FY2016)
SBA Guaranteed
$675,000 (75%)
Term
226 months (18.8 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
36
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Charge-off Date
Mar 27, 2024
Charge-off Amount
$848,503

Lender

Gbank

9115 W Russell Rd, Ste 110, Las Vegas, NV 89148

Project Location

Franklin County, PA

7(a)$4,100,000
Charged Off
Approved
Jun 15, 2016 (FY2016)
SBA Guaranteed
$3,075,000 (75%)
Term
226 months (18.8 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
36
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Charge-off Date
Mar 27, 2024
Charge-off Amount
$1,727,258

Lender

Gbank

9115 W Russell Rd, Ste 110, Las Vegas, NV 89148

Project Location

Franklin County, PA

Business Details

Business Type
Corporation
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
1123 Lincoln Way East
Chambersburg, PA 17201

Lender

Gbank
9115 W Russell Rd, Ste 110, Las Vegas, NV 89148

Other SBA Borrowers in Chambersburg

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