SBA 7(a)Current

Motor City Lodging, Inc.

Detroit, MIBank of Ann ArborHotels (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

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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