Ferree's Tools Inc.

1477 East Michigan Avenue, Battle Creek, MI 49014 · Commercial and Industrial Machinery and Equipment (except Automotive a (NAICS 811310)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$3.8M

Jobs Supported

14

Years Active

2022

Loan History (1)

Source: SBA FOIA
7(a)$3,845,000
Exempt
Approved
Jan 14, 2022 (FY2022)
SBA Guaranteed
$2,883,750 (75%)
Term
180 months (15.0 yrs)
Interest Rate
4.00%
Revolver
0
Jobs Supported
14
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

Horizon Bank

515, Franklin Sq, Michigan City, IN 46360

Project Location

Calhoun County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
811310 Commercial and Industrial Machinery and Equipment (except Automotive a
Address
1477 East Michigan Avenue
Battle Creek, MI 49014

Lender

Horizon Bank
515, Franklin Sq, Michigan City, IN 46360

Other SBA Borrowers in Battle Creek

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