Motel 6

810 6th Ave Ne, Decatur, AL 35601 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$1.7M

Jobs Supported

16

Years Active

2021

Loan History (1)

Source: SBA FOIA
7(a)$1,681,000
Paid in Full
Approved
Feb 1, 2021 (FY2021)
SBA Guaranteed
$1,512,900 (90%)
Term
300 months (25.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
16
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Mar 31, 2023

Lender

Celtic Bank Corporation

268 S State St, Ste 300, Salt Lake City, UT 84111

Project Location

Morgan County, AL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
810 6th Ave Ne
Decatur, AL 35601

Lender

Celtic Bank Corporation
268 S State St, Ste 300, Salt Lake City, UT 84111

Other SBA Borrowers in Decatur

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