High Caliber Karting Inc.

1982 W Grand River Ave, Okemos, MI 48864 · All Other Amusement and Recreation Industries (NAICS 713990)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$2.0M

Jobs Supported

55

Years Active

2019–2023

Loan History (3)

Source: SBA FOIA
7(a)$300,000
Exempt
Approved
Jul 26, 2023 (FY2023)
SBA Guaranteed
$150,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
11.00%
Revolver
1
Jobs Supported
3
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
All Other Amusement and Recreation Industries (NAICS 713990)

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Ingham County, MI

7(a)$1,687,400
Exempt
Approved
Feb 13, 2019 (FY2019)
SBA Guaranteed
$1,265,550 (75%)
Term
120 months (10.0 yrs)
Interest Rate
8.25%
Revolver
0
Jobs Supported
26
Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
Industry
All Other Amusement and Recreation Industries (NAICS 713990)

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Ingham County, MI

7(a)$50,000
Paid in Full
Approved
Feb 13, 2019 (FY2019)
SBA Guaranteed
$25,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
8.25%
Revolver
1
Jobs Supported
26
Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
Industry
All Other Amusement and Recreation Industries (NAICS 713990)
Paid in Full
Apr 30, 2024

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Ingham County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
713990 All Other Amusement and Recreation Industries
Address
1982 W Grand River Ave
Okemos, MI 48864

Lender

The Huntington National Bank
17 S High St., Columbus, OH 43215

Other SBA Borrowers in Okemos

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