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MI
Wayne
RED APPLE HOTEL, INC.
SBA 7(a)
CANCLD
RED APPLE HOTEL, INC.
Wayne, MI
Port 51 Lending LLC
Hotels (except Casino Hotels) and Motels · NAICS 721110
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APPROVAL AMOUNT
$750,000
PROGRAM
SBA 7(a)
25 years term
APPROVED
2025-08-26
9% rate
JOBS SUPPORTED
9
Borrower-reported
Loan details & location
LOCATION
Wayne, MI 48184
INDUSTRY
Hotels (except Casino Hotels) and Motels · NAICS 721110
BUSINESS STRUCTURE
Corporation
LOAN TERM
25 years
INITIAL INTEREST RATE
9%
LOAN STATUS
CANCLD
Wayne, MI 48184
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