Magna-tech Manufacturing
3416 South Hoyt Avenue, Muncie, IN 47302 · Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$9.5M
Jobs Supported
211
Years Active
2011–2012
Loan History (2)
Source: SBA FOIA7(a)$4,497,000
Cancelled
- Approved
- Nov 9, 2011 (FY2012)
- SBA Guaranteed
- $3,372,750 (75%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 109
- Business Type
- Corporation
- Industry
- Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Lender
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Project Location
Delaware County, IN
7(a)$4,975,000
Cancelled
- Approved
- Apr 22, 2011 (FY2011)
- SBA Guaranteed
- $3,731,250 (75%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 102
- Business Type
- Corporation
- Industry
- Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Lender
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Project Location
Delaware County, IN
Business Details
- Business Type
- Corporation
- NAICS Code
- 332812 — Metal Coating, Engraving (except Jewelry and Silverware), and Allied S
- Address
- 3416 South Hoyt Avenue
Muncie, IN 47302
Lender
- First Merchants Bank
- 8711 River Crossing Blvd., Indianapolis, IN 46240