Long-term, below-market fixed interest rates are what inspired entrepreneurs Tom Dolaskie IV and Darrin Hubbard to partner with MCDC’s Senior Loan Officer Todd Horton for a 2nd time. Their first SBA 504 project was with The Roam Inn & Tracey’s Restaurant located in Munising. The second project involved one of their other successful Munising Restaurants, … Continued
It was the great inventor Thoma Edison who inspired Tecla Company, Inc.’s founder Thomas E. Clark to start his own small business.
In 2016, Munising Native/Business Owner Thomas Dolaskie IV and his business partner Darrin Hubbard worked with Peoples State Bank of Munising to purchase and renovate a vacant property now known as the Roam Inn & Tracey’s Restaurant.
In the face of an on-going pandemic, fiscal 2021 turned out to be a record volume year for 504 loans. The SBA 504 Loan Program reached the $7.5B cap for regular 504 loans (excluding refinance without expansion) in early September.