SBA 7(a)Paid in Full

Terrace Bay Hotel, LLC

Gladstone, MINicolet National BankHotels (except Casino Hotels) and Motels · NAICS 721110

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APPROVAL AMOUNT

$240,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2018-03-09

6.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Gladstone, MI 49837

INDUSTRY

Hotels (except Casino Hotels) and Motels · NAICS 721110

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

6.5%

LOAN STATUS

Paid in Full

Gladstone, MI 49837

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