Current Rate - May-12
4.46% 20 year rate 4.67% 20 year RFI
3.75% 10 year rate 3.99% 10 year RFI

May-12

20-year Term: 4.46%
10-year Term: 3.75%

20-year Term RFI: 4.67%
10-year Term RFI:3.99%

See rate history

AmericInn of Ironwood


  • County: Gogebic County
  • Lender: First National Bank of Deerwood
  • Industry: Accommodation and Food Services
  • Jobs Created/Retained: 12

Jake and Jess DeSanto were both experienced hotel operators from Bemidji, Minnesota. After the success of their first hotel in Bemidji, they decided to purchase their second hotel in Ironwood, Michigan. As a result of this project, they were able to save 10 jobs, create 2 new jobs, increase revenue and decrease expenses at the new Ironwood location.