Radisson Hotel
Radisson Hotel is located in Romulus, MI, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on May 21, 2024.
- Business type
- Corporation
- Business age reported
- Change of Ownership
- Franchise
- Four Points by Sheraton
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| May 21, 2024 | $5,000,000 | $3,750,000 | Open Bank | 25 years | 9.5% variable | 36 | Status not reported (SBA exemption) |
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