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MI
Melvindale
Motorcity Inn & Suites, LLC
SBA 7(a)
Current
Motorcity Inn & Suites, LLC
Melvindale, MI
Readycap Lending, LLC
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$688,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2021-04-29
6% rate
JOBS SUPPORTED
4
Borrower-reported
Loan details & location
LOCATION
Melvindale, MI 48122
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
6%
LOAN STATUS
Current
Melvindale, MI 48122
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