Lia Hospitality Group Llc
3400 N. Chadam Lane, Muncie, IN 47304 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$5.1M
Jobs Supported
32
Years Active
2017–2021
Loan History (3)
Source: SBA FOIA7(a)$2,654,000
Exempt
- Approved
- Dec 31, 2020 (FY2021)
- SBA Guaranteed
- $1,990,500 (75%)
- Term
- 262 months (21.8 yrs)
- Interest Rate
- 5.00%
- Revolver
- 0
- Jobs Supported
- 17
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Merchants Bank of Indiana
410 Monon Blvd, Carmel, IN 46032
Project Location
Delaware County, IN
7(a)$570,000
Paid in Full
- Approved
- Jan 28, 2019 (FY2019)
- SBA Guaranteed
- $427,500 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Jobs Supported
- 7
- Business Type
- Corporation
- Business Age
- Unanswered
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
- Paid in Full
- Jan 31, 2021
Lender
Promiseone Bank
2385 Pleasant Hill Rd, Duluth, GA 30096
Project Location
Delaware County, IN
7(a)$1,900,000
Paid in Full
- Approved
- May 19, 2017 (FY2017)
- SBA Guaranteed
- $1,425,000 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 8
- Business Type
- Corporation
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
- Paid in Full
- Jan 31, 2021
Lender
Promiseone Bank
2385 Pleasant Hill Rd, Duluth, GA 30096
Project Location
Delaware County, IN
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 3400 N. Chadam Lane
Muncie, IN 47304
Lenders
- Merchants Bank of Indiana
- 410 Monon Blvd, Carmel, IN 46032
- Promiseone Bank
- 2385 Pleasant Hill Rd, Duluth, GA 30096