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Wauban Cottage LLC — SBA Loan Record (Northport, MI) | DealRoom

Intelligence/Hotels (except Casino Hotels) and Motels/MI

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SBA lending record

Wauban Cottage LLC

202 W. 3rd Street, Northport, MI 49670 · 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.

$350K

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

Is Wauban Cottage LLC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$350,000 — FY2020

Gross approval: $350,000
SBA guaranteed: $262,500 (75%)
Status: Paid in full
Rate at approval: 6.75% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/27/2019
First disbursement: 12/30/2019
Days to fund: 3 days
Paid in full: 1/31/2022
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Hotels (except Casino Hotels) and Motels
NAICS code: 721110
Lender: Nicolet National Bank
Address: 202 W. 3rd Street
City: Northport, 49670
County: Leelanau
SBA district office: MICHIGAN DISTRICT OFFICE
Congressional district: 1

The lender

Nicolet National Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding hotels (except casino hotels) and motels — by location, industry.

SBA lenders in Michigan Lenders for hotels (except casino hotels) and motels Hotels (except Casino Hotels) and Motels lenders in Michigan

Similar businesses

Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

NEWBY COMPANY, INC.

Leland, MI· ~10 mi

Hotels (except Casino Hotels) and Motels

$609K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

South Arm Retreats

East Jordan, MI· ~23 mi

Hotels (except Casino Hotels) and Motels

$518K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

THE DORR HOTEL HODLINGS, LLC

Sister Bay, WI· ~73 mi

Hotels (except Casino Hotels) and Motels

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

Northern Tracks LLC

Cooks, MI· ~69 mi

Hotels (except Casino Hotels) and Motels

$340K
SBA financing: ≈ $667K–$1.1M
Est. revenue (rough)

The Last Resort Operations LLC

Hart, MI· ~105 mi

Hotels (except Casino Hotels) and Motels

$369K
SBA financing: ≈ $723K–$1.2M
Est. revenue (rough)

Stargate Motel IR LLC

Indian River, MI· ~51 mi

Hotels (except Casino Hotels) and Motels

$616K
SBA financing: ≈ $1.2M–$2.0M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Wauban Cottage LLC in Northport, MI (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 $350K
On record FY2020
2 jobs supported
Industry: Hotels (except Casino Hotels) and Motels
Location: Northport, MI
Lender: Nicolet National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in MI for ~$350k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/wauban-cottage-llc-mi
API:: https://dealroom.so/api/public/businesses/wauban-cottage-llc-mi
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Wauban Cottage LLC 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 Wauban Cottage LLC.