SBA 7(a)Current

North Lake Acres, LLC

Storm Lake, IAUnited Bank of IowaHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$2,340,000

PROGRAM

SBA 7(a)

25 years term

APPROVED

2024-06-26

7.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Storm Lake, IA 50588

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

25 years

INITIAL INTEREST RATE

7.5%

LOAN STATUS

Current

Storm Lake, IA 50588

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