Closed Transactions / Hotel - Spokane / Paso, WA
- Location
- Spokane / Paso, WA
- Interest Rate
- 4.43% (Blended)
- LTV
- 80%
- Loan Amount
- $7,840,000
- Loan Type
- SBA 504
- Date
- May 2019
AAI Financial facilitated the closing of 4 loans totaling $7,840,00 for the purchase of two operating and stabilized flagged hotels. We were able to utilize SBA 504 to reduce the down payment requirements and secure long-term low-rate financing.
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