Spa Forest Inc

6432 General Green Way, Alexandria, VA 22312 · 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

105

Years Active

2020

Loan History (1)

Source: SBA FOIA
7(a)$5,000,000
Paid in Full
Approved
Aug 31, 2020 (FY2020)
SBA Guaranteed
$3,750,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
105
Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Mar 31, 2025

Lender

Newbank

146-01 Northern Blvd, Flushing, NY 11354

Project Location

Alexandria City County, VA

Business Details

Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
6432 General Green Way
Alexandria, VA 22312

Lender

Newbank
146-01 Northern Blvd, Flushing, NY 11354

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