SSB CEO says Good Stays is expected to repay their loan
Last year, Good Stays Hotel Limited applied for a 200-hundred-thousand-dollar loan from the Social Security Board. The facility is a consolidated one, spanning a decade. There was initial pushback because there were many unknowns. But it appears the 23-room facility in Cayo is moving full speed ahead and when we spoke to SSB CEO Deborah Ruiz today, she told the media that she expects the company to repay the loan on time.
Deborah Ruiz, Chief Executive Officer, Social Security Board: “As far as I know Good Stays is up and running in Cayo. I did see a report that there was an accident recently with their slippery tile but as far as I know they’re operating and we expect payments to come in.”