Terra Three Industries Llc

5375 Edgeway Drive, Allendale, MI 49401 · All Other Miscellaneous Wood Product Manufacturing (NAICS 321999)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$2.2M

Jobs Supported

2

Years Active

2018–2024

Loan History (3)

Source: SBA FOIA
7(a)$300,000
Exempt
Approved
Nov 2, 2023 (FY2024)
SBA Guaranteed
$150,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
11.25%
Revolver
1
Jobs Supported
2
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
All Other Miscellaneous Wood Product Manufacturing (NAICS 321999)

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Ottawa County, MI

7(a)$1,622,500
Exempt
Approved
Nov 13, 2017 (FY2018)
SBA Guaranteed
$1,216,875 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.50%
Revolver
0
Business Type
Corporation
Business Age
New, Less Than 1 Year Old
Industry
All Other Miscellaneous Wood Product Manufacturing (NAICS 321999)

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Ottawa County, MI

7(a)$300,000
Paid in Full
Approved
Nov 13, 2017 (FY2018)
SBA Guaranteed
$150,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
5.75%
Revolver
1
Business Type
Corporation
Business Age
New, Less Than 1 Year Old
Industry
All Other Miscellaneous Wood Product Manufacturing (NAICS 321999)
Paid in Full
Jan 31, 2023

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Ottawa County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
321999 All Other Miscellaneous Wood Product Manufacturing
Address
5375 Edgeway Drive
Allendale, MI 49401

Lender

The Huntington National Bank
17 S High St., Columbus, OH 43215

Other SBA Borrowers in Allendale

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