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RI
Block Island
ANNCO, LLC
SBA 7(a)
Current
ANNCO, LLC
Block Island, RI
Meridian Bank
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$4,450,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2025-01-17
9% rate
JOBS SUPPORTED
1
Borrower-reported
Loan details & location
LOCATION
Block Island, RI
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Current
Block Island, RI
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