Pierino Frozen Foods Inc.
1695 Southfield Road, Lincoln Park, MI 48146 · Frozen Specialty Food Manufacturing (NAICS 311412)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
5
Total Amount
$3.5M
Jobs Supported
126
Years Active
2001–2015
Loan History (5)
Source: SBA FOIA7(a)$490,000
Paid in Full
- Approved
- Oct 8, 2014 (FY2015)
- SBA Guaranteed
- $367,500 (75%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 5.50%
- Revolver
- 0
- Jobs Supported
- 47
- Business Type
- Corporation
- Industry
- Frozen Specialty Food Manufacturing (NAICS 311412)
- Paid in Full
- Jul 31, 2021
Lender
Credit Union One
400 E 9 Mile Rd, Ferndale, MI 48220
Project Location
Wayne County, MI
7(a)$935,000
Paid in Full
- Approved
- Oct 8, 2014 (FY2015)
- SBA Guaranteed
- $701,250 (75%)
- Term
- 240 months (20.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 0
- Jobs Supported
- 47
- Business Type
- Corporation
- Industry
- Frozen Specialty Food Manufacturing (NAICS 311412)
- Paid in Full
- Jul 31, 2021
Lender
Credit Union One
400 E 9 Mile Rd, Ferndale, MI 48220
Project Location
Wayne County, MI
7(a)$200,000
Paid in Full
- Approved
- Sep 23, 2014 (FY2014)
- SBA Guaranteed
- $100,000 (50%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 1
- Jobs Supported
- 2
- Business Type
- Corporation
- Industry
- Frozen Specialty Food Manufacturing (NAICS 311412)
- Paid in Full
- Jul 31, 2021
Lender
Credit Union One
400 E 9 Mile Rd, Ferndale, MI 48220
Project Location
Wayne County, MI
7(a)$1,000,000
Cancelled
- Approved
- Dec 23, 2010 (FY2011)
- SBA Guaranteed
- $500,000 (50%)
- Term
- 240 months (20.0 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Jobs Supported
- 30
- Business Type
- Corporation
- Industry
- Frozen Specialty Food Manufacturing (NAICS 311412)
Lender
Jpmorgan Chase Bank, National Association
1111 Polaris Pkwy, Columbus, OH 43240
Project Location
Wayne County, MI
7(a)$850,000
Paid in Full
- Approved
- Jun 26, 2001 (FY2001)
- SBA Guaranteed
- $637,500 (75%)
- Term
- 240 months (20.0 yrs)
- Revolver
- 0
- Business Type
- Corporation
- Industry
- Dry Pasta Manufacturing (NAICS 311823)
- Paid in Full
- Oct 31, 2006
Lender
Business Loan Center, Llc
Five Independence Pointe, Greenville, SC 29615
Project Location
Wayne County, MI
Business Details
- Business Type
- Corporation
- NAICS Code
- 311412 — Frozen Specialty Food Manufacturing
- Address
- 1695 Southfield Road
Lincoln Park, MI 48146
Lenders
- Credit Union One
- 400 E 9 Mile Rd, Ferndale, MI 48220
- Jpmorgan Chase Bank, National Association
- 1111 Polaris Pkwy, Columbus, OH 43240
- Business Loan Center, Llc
- Five Independence Pointe, Greenville, SC 29615