Midland Investment Partners Llc

5501 Starboard Drive, Midland, TX 79703 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$4.8M

Jobs Supported

0

Years Active

2019

Loan History (1)

Source: SBA FOIA
7(a)$4,774,000
Exempt
Approved
Mar 6, 2019 (FY2019)
SBA Guaranteed
$3,580,500 (75%)
Term
312 months (26.0 yrs)
Interest Rate
7.75%
Revolver
0
Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

Stearns Bank National Association

4191 2nd St South, Saint Cloud, MN 56301

Project Location

Midland County, TX

Business Details

Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
5501 Starboard Drive
Midland, TX 79703

Lender

Stearns Bank National Association
4191 2nd St South, Saint Cloud, MN 56301

Other SBA Borrowers in Midland

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