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MI
Grand Rapids
Grand Hospitality, LLC
SBA 7(a)
Current
Grand Hospitality, LLC
Grand Rapids, MI
Shoreham Bank
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$4,565,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2023-05-11
9.75% rate
JOBS SUPPORTED
16
Borrower-reported
Loan details & location
LOCATION
Grand Rapids, MI 49512
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9.75%
LOAN STATUS
Current
Grand Rapids, MI 49512
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KHAN VP SIOUX FALLS, LLC
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