Main Street Registry

ARK Marinette Properties LLC

Marinette, WI · Hotels (except Casino Hotels) and Motels · NAICS 721110

ARK Marinette Properties LLC is a hotel and motel business in Marinette, Wisconsin, classified under the industry Hotels (except Casino Hotels) and Motels. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $855,000, with Farmers & Merchants Bank & Trust as the lender and an approval date of September 21, 2026.

SBA 7(a) loan, change of ownership, approved Sep 21, 2026

$855,000 approvedLender: Farmers & Merchants Bank & Trust20 years termCommitted, not fully disbursedLoan details
Gross approval
$855,000
SBA-guaranteed amount
$641,250 (75% of the approval)
Lender
Farmers & Merchants Bank & Trust, Marinette, WI
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
7.75%, fixed
Term
20 years (240 months)
Estimated maturity
September 21, 2046 (estimated, approval date plus term)
Estimated monthly payment
$7,019 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
5
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Marinette County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-08
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 3% 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Wisconsin