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AZ
Phoenix
Desert Ridge Hotel Properties, LLC
SBA 7(a)
Paid in Full
Desert Ridge Hotel Properties, LLC
Phoenix, AZ
Alerus Financial, National Association
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
26 years term
APPROVED
2012-04-04
6% rate
JOBS SUPPORTED
30
Borrower-reported
Loan details & location
LOCATION
Phoenix, AZ 85050
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
26 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Paid in Full
Phoenix, AZ 85050
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