Iai Hospitality Llc
8434 Mentor Avenue, Mentor, OH 44060 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$3.8M
Jobs Supported
94
Years Active
2020–2020
Loan History (2)
Source: SBA FOIA7(a)$3,662,000
Paid in Full
- Approved
- Feb 12, 2020 (FY2020)
- SBA Guaranteed
- $2,746,500 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 47
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
- Paid in Full
- Mar 31, 2023
Lender
United Midwest Savings Bank National Association
101 S Main St, De Graff, OH 43318
Project Location
Lake County, OH
7(a)$102,700
Cancelled
- Approved
- Feb 13, 2020 (FY2020)
- SBA Guaranteed
- $77,025 (75%)
- Term
- 126 months (10.5 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Jobs Supported
- 47
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
United Midwest Savings Bank National Association
101 S Main St, De Graff, OH 43318
Project Location
Lake County, OH
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 8434 Mentor Avenue
Mentor, OH 44060
Lender
- United Midwest Savings Bank National Association
- 101 S Main St, De Graff, OH 43318