The Good Hospitality Llc

401 Hospitality Ln, Myrtle Beach, SC 29579 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$9.8M

Jobs Supported

36

Years Active

2018–2021

Loan History (2)

Source: SBA FOIA
7(a)$4,880,000
Paid in Full
Approved
May 3, 2021 (FY2021)
SBA Guaranteed
$3,708,800 (76%)
Term
300 months (25.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
10
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Feb 29, 2024

Lender

Peoples Bank

160 E Maud Ave, Mendenhall, MS 39114

Project Location

Horry County, SC

7(a)$4,965,000
Paid in Full
Approved
Sep 19, 2018 (FY2018)
SBA Guaranteed
$3,723,750 (75%)
Term
300 months (25.0 yrs)
Interest Rate
7.50%
Revolver
0
Jobs Supported
26
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, 2021

Lender

Cadence Bank

201 S Spring St, Tupelo, MS 38804

Project Location

Horry County, SC

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
401 Hospitality Ln
Myrtle Beach, SC 29579

Lenders

Peoples Bank
160 E Maud Ave, Mendenhall, MS 39114
Cadence Bank
201 S Spring St, Tupelo, MS 38804

Other SBA Borrowers in Myrtle Beach

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