SBA lending record
PRALAX LLC
328 W MAIN ST, Lexington, SC 29072 · 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.
$3.8M
Total SBA financing
1
Loan on record
FY2020
On record
15
Jobs supported
Franchise brand
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
See Quality Inn by Choice Hotels /Quality Inn & Suites by Choice's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$3,820,000 — FY2020
- Gross approval
- $3,820,000
- SBA guaranteed
- $2,865,000 (75%)
- Status
- Paid in full
- Rate at approval
- 6% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/19/2019
- First disbursement
- 12/31/2019
- Days to fund
- 42 days
- Paid in full
- 10/31/2022
- Collateral
- Required
The lender
Is PRALAX LLC your business?
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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 PRALAX LLC.