Peninsula Powder Coating Inc

128 Hemlock St, Baraga, MI 49908 · Commercial and Industrial Machinery and Equipment (except Automotive a (NAICS 811310)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$3.3M

Jobs Supported

98

Years Active

2022–2022

Loan History (2)

Source: SBA FOIA
7(a)$2,840,000
Exempt
Approved
Dec 28, 2021 (FY2022)
SBA Guaranteed
$2,130,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
49
Business Type
Corporation
Business Age
Change of Ownership
Industry
Commercial and Industrial Machinery and Equipment (except Automotive a (NAICS 811310)

Lender

Nicolet National Bank

111 N Washington St, Green Bay, WI 54301

Project Location

Baraga County, MI

7(a)$500,000
Exempt
Approved
Dec 28, 2021 (FY2022)
SBA Guaranteed
$250,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
49
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Commercial and Industrial Machinery and Equipment (except Automotive a (NAICS 811310)

Lender

Nicolet National Bank

111 N Washington St, Green Bay, WI 54301

Project Location

Baraga County, MI

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
811310 Commercial and Industrial Machinery and Equipment (except Automotive a
Address
128 Hemlock St
Baraga, MI 49908

Lender

Nicolet National Bank
111 N Washington St, Green Bay, WI 54301

Other SBA Borrowers in Baraga

Advertisement