Midwest Unity Inc
26051 Michigan Ave, Inkster, MI 48141 · Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$1.6M
Jobs Supported
85
Years Active
2017–2017
Loan History (3)
Source: SBA FOIA7(a)$350,000
Paid in Full
- Approved
- Jun 5, 2017 (FY2017)
- SBA Guaranteed
- $175,000 (50%)
- Term
- 36 months (3.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 1
- Jobs Supported
- 35
- Business Type
- Corporation
- Industry
- Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
- Paid in Full
- Dec 31, 2019
Lender
Oxford Bank
60, S Washington St, Oxford, MI 48371
Project Location
Wayne County, MI
7(a)$360,700
Paid in Full
- Approved
- May 24, 2017 (FY2017)
- SBA Guaranteed
- $324,630 (90%)
- Term
- 119 months (9.9 yrs)
- Interest Rate
- 6.75%
- Revolver
- 0
- Jobs Supported
- 15
- Business Type
- Corporation
- Industry
- Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
- Paid in Full
- Dec 31, 2019
Lender
Oxford Bank
60, S Washington St, Oxford, MI 48371
Project Location
Wayne County, MI
7(a)$886,300
Paid in Full
- Approved
- May 24, 2017 (FY2017)
- SBA Guaranteed
- $797,670 (90%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 6.75%
- Revolver
- 0
- Jobs Supported
- 35
- Business Type
- Corporation
- Industry
- Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
- Paid in Full
- Dec 31, 2019
Lender
Oxford Bank
60, S Washington St, Oxford, MI 48371
Project Location
Wayne County, MI
Business Details
- Business Type
- Corporation
- NAICS Code
- 424990 — Other Miscellaneous Nondurable Goods Merchant Wholesalers
- Address
- 26051 Michigan Ave
Inkster, MI 48141
Lender
- Oxford Bank
- 60, S Washington St, Oxford, MI 48371