East Peoria 1008 Llc

725 Taylor St, East Peoria, IL 61611 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$2.1M

Jobs Supported

8

Years Active

2025

Loan History (1)

Source: SBA FOIA
7(a)$2,140,700
Exempt
Approved
May 27, 2025 (FY2025)
SBA Guaranteed
$1,605,525 (75%)
Term
300 months (25.0 yrs)
Interest Rate
9.00%
Revolver
0
Jobs Supported
8
Business Type
Corporation
Business Age
Change of Ownership
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

Merchants Bank of Indiana

410 Monon Blvd, Carmel, IN 46032

Project Location

Tazewell County, IL

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
725 Taylor St
East Peoria, IL 61611

Lender

Merchants Bank of Indiana
410 Monon Blvd, Carmel, IN 46032

Other SBA Borrowers in East Peoria

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