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Detroit
Motor City Lodging, Inc.
SBA 7(a)
Current
Motor City Lodging, Inc.
Detroit, MI
Bank of Ann Arbor
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$2,500,000
PROGRAM
SBA 7(a)
20 years term
APPROVED
2021-08-26
4.75% rate
JOBS SUPPORTED
16
Borrower-reported
Loan details & location
LOCATION
Detroit, MI 48207
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
20 years
INITIAL INTEREST RATE
4.75%
LOAN STATUS
Current
Detroit, MI 48207
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