Hagel Metal Fabrication Inc.

2001 East Washington Road, East Peoria, IL 61611 · Sheet Metal Work Manufacturing (NAICS 332322)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$2.6M

Jobs Supported

285

Years Active

2013–2013

Loan History (3)

Source: SBA FOIA
7(a)$300,000
Paid in Full
Approved
Nov 9, 2012 (FY2013)
SBA Guaranteed
$225,000 (75%)
Term
36 months (3.0 yrs)
Interest Rate
3.75%
Revolver
1
Jobs Supported
95
Business Type
Corporation
Industry
Sheet Metal Work Manufacturing (NAICS 332322)
Paid in Full
May 31, 2017

Lender

Cbi Bank and Trust

301 Iowa Ave, Muscatine, IA 52761

Project Location

Tazewell County, IL

7(a)$2,000,000
Charged Off
Approved
Nov 7, 2012 (FY2013)
SBA Guaranteed
$1,500,000 (75%)
Term
74 months (6.2 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
95
Business Type
Corporation
Industry
Sheet Metal Work Manufacturing (NAICS 332322)
Charge-off Date
Oct 26, 2017
Charge-off Amount
$942,502

Lender

Cbi Bank and Trust

301 Iowa Ave, Muscatine, IA 52761

Project Location

Tazewell County, IL

7(a)$300,000
Cancelled
Approved
Nov 7, 2012 (FY2013)
SBA Guaranteed
$225,000 (75%)
Term
36 months (3.0 yrs)
Interest Rate
3.75%
Revolver
1
Jobs Supported
95
Business Type
Corporation
Industry
Sheet Metal Work Manufacturing (NAICS 332322)

Lender

Cbi Bank and Trust

301 Iowa Ave, Muscatine, IA 52761

Project Location

Tazewell County, IL

Business Details

Business Type
Corporation
NAICS Code
332322 Sheet Metal Work Manufacturing
Address
2001 East Washington Road
East Peoria, IL 61611

Lender

Cbi Bank and Trust
301 Iowa Ave, Muscatine, IA 52761

Other SBA Borrowers in East Peoria

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