B&b Tool and Molding Company Inc.

624 S Jefferson St, Muncie, IN 47305 · All Other Plastics Product Manufacturing (NAICS 326199)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$6.2M

Jobs Supported

149

Years Active

2011–2013

Loan History (4)

Source: SBA FOIA
7(a)$950,000
Charged Off
Approved
Mar 13, 2013 (FY2013)
SBA Guaranteed
$712,500 (75%)
Term
6 months
Interest Rate
5.50%
Revolver
1
Jobs Supported
41
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Charge-off Date
Feb 10, 2016
Charge-off Amount
$890,253

Lender

Byline Bank

180 N Lasalle St, Ste 300, Chicago, IL 60601

Project Location

Delaware County, IN

7(a)$3,100,000
Charged Off
Approved
Mar 13, 2013 (FY2013)
SBA Guaranteed
$2,790,000 (90%)
Term
105 months (8.8 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
37
Business Type
Corporation
Industry
All Other Plastics Product Manufacturing (NAICS 326199)
Charge-off Date
Apr 11, 2016
Charge-off Amount
$1,726,659

Lender

Byline Bank

180 N Lasalle St, Ste 300, Chicago, IL 60601

Project Location

Delaware County, IN

7(a)$1,500,000
Cancelled
Approved
Mar 21, 2011 (FY2011)
SBA Guaranteed
$1,125,000 (75%)
Term
12 months (1.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
38
Business Type
Corporation
Industry
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (NAICS 333514)

Lender

First Farmers Bank & Trust Co.

123 N Jefferson St, Converse, IN 46919

Project Location

Delaware County, IN

504$689,000
Paid in Full
Approved
Nov 4, 2010 (FY2011)
Term
120 months (10.0 yrs)
Jobs Supported
33
Business Type
Corporation
Industry
All Other Motor Vehicle Parts Manufacturing (NAICS 336399)
Paid in Full
Dec 31, 2013

Lender

First Merchants Bank

Certified Development Company (CDC)

Premier Capital Corporation

300 N. Meridian Street, Indianapolis, IN 46204

Third-Party Lender

First Merchants Bank · Indianapolis, IN

Project Location

Delaware County, IN

Business Details

Business Type
Corporation
NAICS Code
326199 All Other Plastics Product Manufacturing
Address
624 S Jefferson St
Muncie, IN 47305

Lenders

Byline Bank
180 N Lasalle St, Ste 300, Chicago, IL 60601
First Farmers Bank & Trust Co.
123 N Jefferson St, Converse, IN 46919
First Merchants Bank

Other SBA Borrowers in Muncie

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