Labh Hospitality Inc
5221 Baycity Road, Midland, MI 48642 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$2.2M
Jobs Supported
26
Years Active
2018
Loan History (1)
Source: SBA FOIA7(a)$2,240,000
Exempt
- Approved
- Aug 15, 2018 (FY2018)
- SBA Guaranteed
- $1,680,000 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 7.00%
- Revolver
- 0
- Jobs Supported
- 26
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Millennium Bank
2077 Miner St, Des Plaines, IL 60016
Project Location
Bay County, MI
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 5221 Baycity Road
Midland, MI 48642
Lender
- Millennium Bank
- 2077 Miner St, Des Plaines, IL 60016