Palisades Hospitality Inc

3661 Estes Parkway, Longview, TX 75603 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$5.0M

Jobs Supported

40

Years Active

2024

Loan History (1)

Source: SBA FOIA
7(a)$5,000,000
Exempt
Approved
Dec 8, 2023 (FY2024)
SBA Guaranteed
$3,750,000 (75%)
Term
324 months (27.0 yrs)
Interest Rate
9.50%
Revolver
0
Jobs Supported
40
Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

New Millennium Bank

222 Bridge Plz South, Ste 400, Fort Lee, NJ 7024

Project Location

Gregg County, TX

Business Details

Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
3661 Estes Parkway
Longview, TX 75603

Lender

New Millennium Bank
222 Bridge Plz South, Ste 400, Fort Lee, NJ 7024

Other SBA Borrowers in Longview

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