Stranco Acquisition Llc
1306 W Us Highway 20, Michigan City, IN 46360 · Sign Manufacturing (NAICS 339950)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$4.7M
Jobs Supported
80
Years Active
2024–2024
Loan History (2)
Source: SBA FOIA7(a)$500,000
Cancelled
- Approved
- Nov 30, 2023 (FY2024)
- SBA Guaranteed
- $250,000 (50%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 9.50%
- Revolver
- 1
- Jobs Supported
- 40
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Sign Manufacturing (NAICS 339950)
Lender
Village Bank and Trust, National Association
234 W Northwest Hwy, Arlington Heights, IL 60004
Project Location
La Porte County, IN
7(a)$4,220,000
Exempt
- Approved
- Dec 1, 2023 (FY2024)
- SBA Guaranteed
- $3,165,000 (75%)
- Term
- 153 months (12.8 yrs)
- Interest Rate
- 9.50%
- Revolver
- 0
- Jobs Supported
- 40
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Sign Manufacturing (NAICS 339950)
Lender
Village Bank and Trust, National Association
234 W Northwest Hwy, Arlington Heights, IL 60004
Project Location
La Porte County, IN
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 339950 — Sign Manufacturing
- Address
- 1306 W Us Highway 20
Michigan City, IN 46360
Lender
- Village Bank and Trust, National Association
- 234 W Northwest Hwy, Arlington Heights, IL 60004