Main Street Registry

RRI Eureka Hospitality LLC

Taylor, MI · Hotels (except Casino Hotels) and Motels · NAICS 721110

RRI Eureka Hospitality LLC is a hotel and motel business located in Taylor, Michigan, in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $5,000,000, approved on April 9, 2026 by First Utah Bank. The loan is associated with the Red Roof Inn franchise and reports 14 jobs.

SBA 7(a) loan, change of ownership, approved Apr 9, 2026

$5,000,000 approvedLender: First Utah Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
First Utah Bank, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
April 9, 2051 (estimated, approval date plus term)
Estimated monthly payment
$37,766 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 16, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Red Roof Inn
Project location
Wayne County, MI
SBA district office
Michigan District Office
Congressional district
MI-12
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 76% 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 Michigan: $1,645,728.

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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Same industry in Michigan