SBA 7(a)Paid in Full

McDowell Hotel I, LLC

Phoenix, AZSummit State BankHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$5,000,000

PROGRAM

SBA 7(a)

27 years term

APPROVED

2020-08-19

5.5% rate

JOBS SUPPORTED

176

Borrower-reported

Loan details & location

LOCATION

Phoenix, AZ 85037

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

27 years

INITIAL INTEREST RATE

5.5%

LOAN STATUS

Paid in Full

Phoenix, AZ 85037

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