SBA lending record
Dev Hospitality Inc
7737 S Division Avenue, Grand Rapids, MI 49548 · 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.
$700K
Total SBA financing
1
Loan on record
FY2023
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Dev Hospitality Inc 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.
The loan
$700,000 — FY2023
- Gross approval
- $700,000
- SBA guaranteed
- $525,000 (75%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/9/2023
- First disbursement
- 9/7/2023
- Days to fund
- 29 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Lender
- Millennium Bank
- Address
- 7737 S Division Avenue
- City
- Grand Rapids, 49548
- County
- Kent
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
The lender
Find SBA lenders for businesses like this
The banks most active funding hotels (except casino hotels) and motels — by location, industry.
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.
Star Sartaj LLC
Grand Rapids, MI· ~6 mi
Hotels (except Casino Hotels) and Motels
- $843K
- SBA financing
- ≈ $1.7M–$2.8M
- Est. revenue (rough)
Flat River Inn
Greenville, MI· ~32 mi
Hotels (except Casino Hotels) and Motels
- $645K
- SBA financing
- ≈ $1.3M–$2.1M
- Est. revenue (rough)
J&A STAR ELITE LLC
Grand Rapids, MI· ~9 mi
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
- $2.0M
- SBA financing
- ≈ $3.8M–$6.4M
- Est. revenue (rough)
Hometown Inn
Battle Creek, MI· ~43 mi
Hotels (except Casino Hotels) and Motels
- $860K
- SBA financing
- ≈ $1.7M–$2.8M
- Est. revenue (rough)
Super 9 Inn
Albion, MI· ~60 mi
Hotels (except Casino Hotels) and Motels
- $683K
- SBA financing
- ≈ $1.3M–$2.2M
- Est. revenue (rough)
NORTON SHORES INN, LLC
Norton Shores, MI· ~39 mi
Hotels (except Casino Hotels) and Motels
- $853K
- SBA financing
- ≈ $1.7M–$2.8M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Dev Hospitality Inc in Grand Rapids, MI (Hotels (except Casino Hotels) and Motels). CapBench 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 $700K
- On record FY2023
- 4 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Grand Rapids, MI
- Lender: Millennium 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 ~$700k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- 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); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is Dev Hospitality Inc your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Dev Hospitality Inc.