SBA 7(a)Current

J & L Hennum, Inc

Baudette, MNFarmers and Merchants Savings BankHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$3,000,000

PROGRAM

SBA 7(a)

20 years term

APPROVED

2022-04-08

5.25% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Baudette, MN 56623

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

20 years

INITIAL INTEREST RATE

5.25%

LOAN STATUS

Current

Baudette, MN 56623

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