Manik Llc

18950 Northline Road, Southgate, MI 48195 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$5.1M

Jobs Supported

26

Years Active

2003–2013

Loan History (3)

Source: SBA FOIA
7(a)$655,300
Paid in Full
Approved
Mar 28, 2013 (FY2013)
SBA Guaranteed
$491,475 (75%)
Term
132 months (11.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
16
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Nov 30, 2016

Lender

Columbia Bank

5885 Meadows, Ste 400, Lake Oswego, OR 97035

Project Location

Wayne County, MI

7(a)$3,165,000
Paid in Full
Approved
Dec 16, 2010 (FY2011)
SBA Guaranteed
$2,848,500 (90%)
Term
300 months (25.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
10
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Nov 30, 2016

Lender

Columbia Bank

5885 Meadows, Ste 400, Lake Oswego, OR 97035

Project Location

Wayne County, MI

7(a)$1,250,000
Paid in Full
Approved
Jan 10, 2003 (FY2003)
SBA Guaranteed
$937,500 (75%)
Term
288 months (24.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Jan 31, 2007

Lender

First-citizens Bank & Trust Company

100 E. Tryon Rd, Raleigh, NC 27603

Project Location

Wayne County, MI

Business Details

Business Type
Corporation
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
18950 Northline Road
Southgate, MI 48195

Lenders

Columbia Bank
5885 Meadows, Ste 400, Lake Oswego, OR 97035
First-citizens Bank & Trust Company
100 E. Tryon Rd, Raleigh, NC 27603

Other SBA Borrowers in Southgate

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