Covington Lodging Group, LLC
Covington Lodging Group, LLC is located in Covington, VA, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $1,330,000 for a change of ownership on September 17, 2024.
- Business type
- Corporation
- Business age reported
- Change of Ownership
- Franchise
- Quality Inn, Quality Inn & Suites,
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| Sep 17, 2024 | $1,330,000 | $997,500 | GBank | 25 years | 9.75% variable | 13 | Status not reported (SBA exemption) |
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