Thornapple Excavating Inc.
4190 Thornapple River Dr Se, Grand Rapids, MI 49512 · Other Heavy and Civil Engineering Construction (NAICS 237990)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$5.0M
Jobs Supported
20
Years Active
2025–2025
Loan History (2)
Source: SBA FOIA7(a)$4,500,000
Exempt
- Approved
- May 19, 2025 (FY2025)
- SBA Guaranteed
- $3,375,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 7.99%
- Revolver
- 0
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Other Heavy and Civil Engineering Construction (NAICS 237990)
Lender
The Huntington National Bank
17 S High St., Columbus, OH 43215
Project Location
Kent County, MI
7(a)$500,000
Exempt
- Approved
- May 19, 2025 (FY2025)
- SBA Guaranteed
- $250,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 9.25%
- Revolver
- 1
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- Other Heavy and Civil Engineering Construction (NAICS 237990)
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
- 237990 — Other Heavy and Civil Engineering Construction
- Address
- 4190 Thornapple River Dr Se
Grand Rapids, MI 49512
Lender
- The Huntington National Bank
- 17 S High St., Columbus, OH 43215