Elevated Technologies Inc.

817 Ottawa Avenue Nw, Grand Rapids, MI 49503 · Other Building Equipment Contractors (NAICS 238290)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$5.8M

Jobs Supported

152

Years Active

2018–2023

Loan History (2)

Source: SBA FOIA
7(a)$5,000,000
Paid in Full
Approved
Nov 8, 2022 (FY2023)
SBA Guaranteed
$3,750,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
7.25%
Revolver
0
Jobs Supported
149
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Other Building Equipment Contractors (NAICS 238290)
Paid in Full
Oct 31, 2023

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Kent County, MI

7(a)$800,000
Paid in Full
Approved
Feb 23, 2018 (FY2018)
SBA Guaranteed
$600,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.50%
Revolver
1
Jobs Supported
3
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
All Other Specialty Trade Contractors (NAICS 238990)
Paid in Full
Apr 30, 2021

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Kent County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
238290 Other Building Equipment Contractors
Address
817 Ottawa Avenue Nw
Grand Rapids, MI 49503

Lenders

First American Bank
700 Busse Rd, Elk Grove Village, IL 60007
The Huntington National Bank
17 S High St., Columbus, OH 43215

Other SBA Borrowers in Grand Rapids

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