Spray-patch Road Repair Llc
1333 E 11 Mile Rd, Madison Heights, MI 48071 · Highway, Street, and Bridge Construction (NAICS 237310)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
4
Total Amount
$4.6M
Jobs Supported
32
Years Active
2025–2025
Loan History (4)
Source: SBA FOIA7(a)$1,825,000
Exempt
- Approved
- Sep 9, 2025 (FY2025)
- SBA Guaranteed
- $1,368,750 (75%)
- Term
- 179 months (14.9 yrs)
- Interest Rate
- 6.98%
- Revolver
- 0
- Jobs Supported
- 8
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Highway, Street, and Bridge Construction (NAICS 237310)
Lender
Independent Bank
4200 E Beltline Ave Ne, Grand Rapids, MI 49525
Project Location
Oakland County, MI
7(a)$500,000
Committed
- Approved
- Sep 9, 2025 (FY2025)
- SBA Guaranteed
- $250,000 (50%)
- Term
- 60 months (5.0 yrs)
- Interest Rate
- 8.00%
- Revolver
- 1
- Jobs Supported
- 8
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Highway, Street, and Bridge Construction (NAICS 237310)
Lender
Independent Bank
4200 E Beltline Ave Ne, Grand Rapids, MI 49525
Project Location
Oakland County, MI
7(a)$500,000
Paid in Full
- Approved
- Dec 23, 2024 (FY2025)
- SBA Guaranteed
- $250,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 8.75%
- Revolver
- 1
- Jobs Supported
- 8
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- All Other Specialty Trade Contractors (NAICS 238990)
- Paid in Full
- Sep 30, 2025
Lender
Old National Bank
One Main St, Evansville, IN 47708
Project Location
Oakland County, MI
7(a)$1,800,700
Paid in Full
- Approved
- Dec 23, 2024 (FY2025)
- SBA Guaranteed
- $1,350,525 (75%)
- Term
- 170 months (14.2 yrs)
- Interest Rate
- 8.50%
- Revolver
- 0
- Jobs Supported
- 8
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- All Other Specialty Trade Contractors (NAICS 238990)
- Paid in Full
- Sep 30, 2025
Lender
Old National Bank
One Main St, Evansville, IN 47708
Project Location
Oakland County, MI
Business Details
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- NAICS Code
- 237310 — Highway, Street, and Bridge Construction
- Address
- 1333 E 11 Mile Rd
Madison Heights, MI 48071
Lenders
- Independent Bank
- 4200 E Beltline Ave Ne, Grand Rapids, MI 49525
- Old National Bank
- One Main St, Evansville, IN 47708