Business Services Industry
Holiday sale
Arkansas Business, Jan 7, 2008 by George Waldon
The owner of a 143-room hotel in North Little Rock picked up a $1 million financial package.
Batesville Hospitality Inc., led by Jagdish Patel, received the one-year loan from First Community Bank of Batesville.
The Holiday Inn at 120 W. Pershing Blvd. also is linked with a May 2006 mortgage of $5.2 million held by the bank.
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Batesville Hospitality bought the 2.3-acre development for $5.47 million 19 months ago from Samir and Prabha Pothi, Naresh and Bhavna Patel and Knldeep and Kavita Thaker.
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