Mcallen Hospitality Group Llc

617 West Expressway 83, McAllen, TX 78503 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$4.6M

Jobs Supported

25

Years Active

2021

Loan History (1)

Source: SBA FOIA
7(a)$4,625,000
Paid in Full
Approved
Mar 23, 2021 (FY2021)
SBA Guaranteed
$3,468,750 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
25
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Aug 31, 2022

Lender

Peoples Bank

160 E Maud Ave, Mendenhall, MS 39114

Project Location

Hidalgo County, TX

Business Details

Business Type
Corporation
Business Age
New Business or 2 Years or Less
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
617 West Expressway 83
McAllen, TX 78503

Lender

Peoples Bank
160 E Maud Ave, Mendenhall, MS 39114

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