Manasvi Hospitality Llc
1300 E Higgins Rd, Schaumburg, IL 60173 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$5.0M
Jobs Supported
15
Years Active
2025
Loan History (1)
Source: SBA FOIA7(a)$5,000,000
Exempt
- Approved
- Sep 25, 2025 (FY2025)
- SBA Guaranteed
- $3,750,000 (75%)
- Term
- 306 months (25.5 yrs)
- Interest Rate
- 8.50%
- Revolver
- 0
- Jobs Supported
- 15
- 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
Cook County, IL
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 1300 E Higgins Rd
Schaumburg, IL 60173
Lender
- Merchants Bank of Indiana
- 410 Monon Blvd, Carmel, IN 46032