Precision Aerospace Corp.

5300 Corporate Grove Dr Se., Kentwood, MI 49512 · Aircraft Engine and Engine Parts Manufacturing (NAICS 336412)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$2.9M

Jobs Supported

100

Years Active

2013–2013

Loan History (2)

Source: SBA FOIA
504$1,832,000
Paid in Full
Approved
Jun 7, 2013 (FY2013)
Term
240 months (20.0 yrs)
Jobs Supported
50
Business Type
Corporation
Industry
Aircraft Engine and Engine Parts Manufacturing (NAICS 336412)
Paid in Full
Aug 31, 2017

Lender

Mercantile Bank

Certified Development Company (CDC)

Great Lakes Commercial Finance

3980 Chicago Dr., Sw, Grandville, MI 49418

Third-Party Lender

Mercantile Bank · Grand Rapids, MI

Project Location

Kent County, MI

504$1,060,000
Paid in Full
Approved
Jun 7, 2013 (FY2013)
Term
120 months (10.0 yrs)
Jobs Supported
50
Business Type
Corporation
Industry
Aircraft Engine and Engine Parts Manufacturing (NAICS 336412)
Paid in Full
Aug 31, 2017

Lender

Mercantile Bank

Certified Development Company (CDC)

Great Lakes Commercial Finance

3980 Chicago Dr., Sw, Grandville, MI 49418

Third-Party Lender

Mercantile Bank · Grand Rapids, MI

Project Location

Kent County, MI

Business Details

Business Type
Corporation
NAICS Code
336412 Aircraft Engine and Engine Parts Manufacturing
Address
5300 Corporate Grove Dr Se.
Kentwood, MI 49512

Lender

Mercantile Bank

Other SBA Borrowers in Kentwood

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