Rachna Investment Llc
3801 N. Frontage Road, Michigan City, IN 46360 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$2.1M
Jobs Supported
17
Years Active
2022
Loan History (1)
Source: SBA FOIA7(a)$2,132,400
Exempt
- Approved
- Mar 25, 2022 (FY2022)
- SBA Guaranteed
- $1,599,300 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 5.00%
- Revolver
- 0
- Jobs Supported
- 17
- 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
La Porte County, IN
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 3801 N. Frontage Road
Michigan City, IN 46360
Lender
- Merchants Bank of Indiana
- 410 Monon Blvd, Carmel, IN 46032