SBA 7(a)PURCH(NOT C/O)

PINNACLE HOTELS, INC.

Lansing, MIReadycap Lending, LLCHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$4,600,000

PROGRAM

SBA 7(a)

23 years term

APPROVED

2023-09-10

9.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Lansing, MI 48917

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

23 years

INITIAL INTEREST RATE

9.5%

LOAN STATUS

PURCH(NOT C/O)

Lansing, MI 48917

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