Burch Textiles Inc
4200 Brockton Drive Se, Grand Rapids, MI 49512 · Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$5.0M
Jobs Supported
70
Years Active
2025–2025
Loan History (2)
Source: SBA FOIA7(a)$200,000
Exempt
- Approved
- Nov 20, 2024 (FY2025)
- SBA Guaranteed
- $100,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 10.75%
- Revolver
- 1
- Jobs Supported
- 35
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Lender
The Huntington National Bank
17 S High St., Columbus, OH 43215
Project Location
Kent County, MI
7(a)$4,800,000
Exempt
- Approved
- Nov 20, 2024 (FY2025)
- SBA Guaranteed
- $3,600,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 10.75%
- Revolver
- 0
- Jobs Supported
- 35
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Lender
The Huntington National Bank
17 S High St., Columbus, OH 43215
Project Location
Kent County, MI
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 424990 — Other Miscellaneous Nondurable Goods Merchant Wholesalers
- Address
- 4200 Brockton Drive Se
Grand Rapids, MI 49512
Lender
- The Huntington National Bank
- 17 S High St., Columbus, OH 43215