SBA lending record
NEH Motel, Inc
714 Fayal Rd, Eveleth, MN 55734 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$150K
Total SBA financing
1
Loan on record
FY2020
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$149,800 — FY2020
- Gross approval
- $149,800
- SBA guaranteed
- $74,900 (50%)
- Status
- Paid in full
- Rate at approval
- 7% v
- Term
- 300 mo (25 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/12/2020
- First disbursement
- 3/31/2020
- Days to fund
- 19 days
- Paid in full
- 7/31/2025
- Collateral
- Required
The lender
Northeast Entrepreneur Fund, Inc.
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for NEH Motel, Inc in Eveleth, MN (Hotels (except Casino Hotels) and Motels). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $150K
- On record FY2020
- 2 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Eveleth, MN
- Lender: Northeast Entrepreneur Fund, Inc.
Is NEH Motel, Inc your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with NEH Motel, Inc.