Rbs Hospitality Inc.
RBS Hospitality Inc. is a hotel business in Mount Pleasant, Wisconsin, classified under NAICS 721110 for hotels (except casino hotels) and motels. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,772,400, approved by Merchants Bank of Indiana on September 23, 2025.
SBA 7(a) loan, change of ownership, approved Sep 23, 2025
$3,772,400 approvedLender: Merchants Bank of Indiana26 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,772,400
- SBA-guaranteed amount
- $2,829,300 (75% of the approval)
- Lender
- Merchants Bank of Indiana, Carmel, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 26 years (312 months)
- Estimated maturity
- September 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $30,688 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Hyatt Select
- Project location
- Racine County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 59% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
- Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
- Average acquisition loan in Wisconsin: $1,729,230.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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