Ignace Hotel Llc
700 N. State Street, St. Ignace, MI 49781 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$2.5M
Jobs Supported
16
Years Active
2021
Loan History (1)
Source: SBA FOIA7(a)$2,450,000
Exempt
- Approved
- Feb 1, 2021 (FY2021)
- SBA Guaranteed
- $2,205,000 (90%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 0
- Jobs Supported
- 16
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Shoreham Bank
One Shoreham Way, Warwick, RI 2886
Project Location
Mackinac 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
- 700 N. State Street
St. Ignace, MI 49781
Lender
- Shoreham Bank
- One Shoreham Way, Warwick, RI 2886