(YDR) The owners of the Yorktowne Hotel had been attempting to amend the terms of its loan with PNC Bank when they received a surprise.
On Friday, the bank filed a complaint with the York County Court of Common Pleas that York Hotel Group had defaulted on its loan and owes $5.26 million, which includes the principal, interest, attorneys' fees and late fees.
The bank has scheduled that the historic hotel be sold at sheriff's sale at 2 p.m. Feb. 7. Continued
Image of Yorketowne Hotel by Nightening
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