SBA 7(a)CANCLD

PATEL VENTURES LLC

Spearfish, SDFarmers State Bank of Alto Pass, IllinoisHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$2,200,000

PROGRAM

SBA 7(a)

26 years term

APPROVED

2025-07-23

9.25% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Spearfish, SD 57783

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

26 years

INITIAL INTEREST RATE

9.25%

LOAN STATUS

CANCLD

Spearfish, SD 57783

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