SBA lending record
PENN-ATLANTIC HOTEL LLC
118 NEW JERSEY AVE, Brooklyn, NY 11207 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2020
On record
10
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is PENN-ATLANTIC HOTEL LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$5,000,000 — FY2020
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Cancelled
- Rate at approval
- 4.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/8/2020
- Collateral
- Required
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for PENN-ATLANTIC HOTEL LLC in Brooklyn, NY (Hotels (except Casino Hotels) and Motels). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $5.0M
- On record FY2020
- 10 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Brooklyn, NY
- Lender: New Millennium Bank
Is PENN-ATLANTIC HOTEL LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with PENN-ATLANTIC HOTEL LLC.