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IL
Effingham
Laxminarayan 1 LLC
SBA 7(a)
Current
Laxminarayan 1 LLC
Effingham, IL
Shoreham Bank
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$2,400,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2026-01-22
7.75% rate
JOBS SUPPORTED
5
Borrower-reported
Loan details & location
LOCATION
Effingham, IL 62401
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
7.75%
LOAN STATUS
Current
Effingham, IL 62401
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