# Northern Hospitality Development Group PL LLC, Pequot Lakes MN: $2,227,000 SBA 504 loan approved 2026-06-25

**Fresh Capital Score:** 65/100

| Field | Value |
|---|---|
| Business | Northern Hospitality Development Group PL LLC |
| Location | Pequot Lakes, MN, 56472 |
| County | CROW WING |
| Program | SBA 504 |
| Gross approval | $2,227,000 |
| Approved | 2026-06-25 |
| Lender | Midwest Business Finance Corporation |
| Third-party lender | BankVista |
| Term (months) | 300 |
| Industry | Hotels (except Casino Hotels) and Motels |
| NAICS | 721110 |
| Franchise | Trademark Collection by Wyndham |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 11 |

## Why this score
- Approval of $2M or more: major new capital.
- New business: still buying services and equipment.
- Franchise (Trademark Collection by Wyndham).

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.