Pinnacle Hotels Inc.
810 Delta Commerce Drive, Lansing, MI 48917 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$4.7M
Jobs Supported
20
Years Active
2023–2023
Loan History (2)
Source: SBA FOIA7(a)$4,600,000
Exempt
- Approved
- Sep 10, 2023 (FY2023)
- SBA Guaranteed
- $3,450,000 (75%)
- Term
- 281 months (23.4 yrs)
- Interest Rate
- 9.50%
- Revolver
- 0
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922
Project Location
Eaton County, MI
7(a)$50,000
Exempt
- Approved
- Sep 8, 2023 (FY2023)
- SBA Guaranteed
- $37,500 (75%)
- Term
- 118 months (9.8 yrs)
- Interest Rate
- 9.50%
- Revolver
- 0
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922
Project Location
Eaton County, MI
Business Details
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 810 Delta Commerce Drive
Lansing, MI 48917
Lender
- Readycap Lending, Llc
- 200 Connell Drive, Berkeley Heights, NJ 7922