Orion Test Systems Inc
4260 Giddings Road, Auburn Hills, MI 48326 · All Other Miscellaneous General Purpose Machinery Manufacturing (NAICS 333999)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
5
Total Amount
$8.6M
Jobs Supported
213
Years Active
2013–2017
Loan History (5)
Source: SBA FOIA7(a)$1,750,000
Charged Off
- Approved
- Oct 6, 2016 (FY2017)
- SBA Guaranteed
- $1,575,000 (90%)
- Term
- 7 months
- Interest Rate
- 4.25%
- Revolver
- 1
- Jobs Supported
- 20
- Business Type
- Corporation
- Industry
- All Other Miscellaneous General Purpose Machinery Manufacturing (NAICS 333999)
- Charge-off Date
- Apr 20, 2018
- Charge-off Amount
- $678,242
Lender
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Project Location
Oakland County, MI
7(a)$1,750,000
Paid in Full
- Approved
- Sep 14, 2015 (FY2015)
- SBA Guaranteed
- $1,575,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 4.00%
- Revolver
- 1
- Jobs Supported
- 41
- Business Type
- Corporation
- Industry
- Motor and Generator Manufacturing (NAICS 335312)
- Paid in Full
- Aug 31, 2016
Lender
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Project Location
Oakland County, MI
7(a)$2,300,000
Charged Off
- Approved
- Oct 21, 2014 (FY2015)
- SBA Guaranteed
- $1,725,000 (75%)
- Term
- 80 months (6.7 yrs)
- Interest Rate
- 4.00%
- Revolver
- 1
- Jobs Supported
- 58
- Business Type
- Corporation
- Industry
- Motor and Generator Manufacturing (NAICS 335312)
- Charge-off Date
- Apr 20, 2018
- Charge-off Amount
- $1,887,577
Lender
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Project Location
Oakland County, MI
7(a)$1,750,000
Paid in Full
- Approved
- Sep 4, 2014 (FY2014)
- SBA Guaranteed
- $1,575,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 4.00%
- Revolver
- 1
- Jobs Supported
- 47
- Business Type
- Corporation
- Industry
- Instrument Manufacturing for Measuring and Testing Electricity and Ele (NAICS 334515)
- Paid in Full
- Jul 31, 2015
Lender
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Project Location
Oakland County, MI
7(a)$1,000,000
Paid in Full
- Approved
- Jul 3, 2013 (FY2013)
- SBA Guaranteed
- $900,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 4.00%
- Revolver
- 1
- Jobs Supported
- 47
- Business Type
- Corporation
- Industry
- All Other Miscellaneous Manufacturing (NAICS 339999)
- Paid in Full
- Aug 31, 2014
Lender
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Project Location
Oakland County, MI
Business Details
- Business Type
- Corporation
- NAICS Code
- 333999 — All Other Miscellaneous General Purpose Machinery Manufacturing
- Address
- 4260 Giddings Road
Auburn Hills, MI 48326
Lender
- First Merchants Bank
- 8711 River Crossing Blvd., Indianapolis, IN 46240