K & a Machine and Tool Inc

4821 W. Michigan Avenue, Jackson, MI 49204 · Machine Shops (NAICS 332710)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

9

Total Amount

$3.6M

Jobs Supported

52

Years Active

1992–2013

Loan History (9)

Source: SBA FOIA
7(a)$1,134,000
Paid in Full
Approved
Nov 5, 2012 (FY2013)
SBA Guaranteed
$850,500 (75%)
Term
114 months (9.5 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
4
Business Type
Corporation
Industry
Machine Shops (NAICS 332710)
Paid in Full
Oct 31, 2020

Lender

Bank of America, National Association

100 North Tryon Street, Charlotte, NC 28255

Project Location

Jackson County, MI

7(a)$650,000
Paid in Full
Approved
Sep 11, 2006 (FY2006)
SBA Guaranteed
$487,500 (75%)
Term
120 months (10.0 yrs)
Revolver
0
Jobs Supported
48
Business Type
Corporation
Industry
Machine Tool (metal Forming Types) Manufacturing (NAICS 333513)
Paid in Full
Nov 30, 2016

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Jackson County, MI

7(a)$1,000,000
Paid in Full
Approved
Mar 16, 2001 (FY2001)
SBA Guaranteed
$750,000 (75%)
Term
120 months (10.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Other Metal Container Manufacturing (NAICS 332439)
Paid in Full
Jul 1, 2009

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Wayne County, MI

7(a)$100,000
Paid in Full
Approved
Apr 19, 1996 (FY1996)
SBA Guaranteed
$80,000 (80%)
Term
240 months (20.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Jackson County, MI

7(a)$135,000
Paid in Full
Approved
Apr 17, 1995 (FY1995)
SBA Guaranteed
$101,250 (75%)
Term
120 months (10.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Jackson County, MI

7(a)$67,500
Paid in Full
Approved
Sep 20, 1994 (FY1994)
SBA Guaranteed
$50,625 (75%)
Term
60 months (5.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Jackson County, MI

7(a)$185,000
Paid in Full
Approved
Sep 20, 1994 (FY1994)
SBA Guaranteed
$138,750 (75%)
Term
240 months (20.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Jackson County, MI

7(a)$96,000
Paid in Full
Approved
Mar 22, 1993 (FY1993)
SBA Guaranteed
$81,600 (85%)
Term
60 months (5.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Jackson County, MI

7(a)$200,000
Paid in Full
Approved
Jun 19, 1992 (FY1992)
SBA Guaranteed
$160,600 (80%)
Term
60 months (5.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Jackson County, MI

Business Details

Business Type
Corporation
NAICS Code
332710 — Machine Shops
Address
4821 W. Michigan Avenue
Jackson, MI 49204

Lenders

Bank of America, National Association
100 North Tryon Street, Charlotte, NC 28255
The Huntington National Bank
17 S High St., Columbus, OH 43215

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