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SBA 7(a)Current

EAST PEORIA 1008 LLC

East Peoria, ILMerchants Bank of IndianaHotels (except Casino Hotels) and Motels · NAICS 721110
APPROVAL AMOUNT
$2,140,700
PROGRAM
SBA 7(a)
25 years term
APPROVED
2025-05-27
9% rate
JOBS SUPPORTED
8
Borrower-reported

Loan details & location

LOCATION
East Peoria, IL 61611
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9%
LOAN STATUS
Current
East Peoria, IL 61611

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