Kr Company L.l.c.

5140 Meijer Dr, Royal Oak, MI 48073 · General Rental Centers (NAICS 532310)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

8

Total Amount

$2.5M

Jobs Supported

70

Years Active

2008–2023

Loan History (8)

Source: SBA FOIA
7(a)$1,000,000
Exempt
Approved
Oct 7, 2022 (FY2023)
SBA Guaranteed
$750,000 (75%)
Term
303 months (25.3 yrs)
Interest Rate
8.25%
Revolver
0
Jobs Supported
14
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
General Rental Centers (NAICS 532310)

Lender

Oxford Bank

60, S Washington St, Oxford, MI 48371

Project Location

Oakland County, MI

7(a)$50,000
Paid in Full
Approved
Nov 9, 2018 (FY2019)
SBA Guaranteed
$25,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
6.25%
Revolver
1
Jobs Supported
9
Business Type
Corporation
Business Age
Change of Ownership
Industry
General Rental Centers (NAICS 532310)
Paid in Full
Feb 28, 2022

Lender

First Merchants Bank

8711 River Crossing Blvd., Indianapolis, IN 46240

Project Location

Oakland County, MI

7(a)$615,000
Exempt
Approved
Nov 9, 2018 (FY2019)
SBA Guaranteed
$461,250 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.60%
Revolver
0
Jobs Supported
9
Business Type
Corporation
Business Age
Change of Ownership
Industry
General Rental Centers (NAICS 532310)

Lender

First Merchants Bank

8711 River Crossing Blvd., Indianapolis, IN 46240

Project Location

Oakland County, MI

7(a)$50,500
Paid in Full
Approved
Apr 8, 2015 (FY2015)
SBA Guaranteed
$25,250 (50%)
Term
84 months (7.0 yrs)
Interest Rate
7.75%
Revolver
1
Business Type
Corporation
Industry
General Rental Centers (NAICS 532310)
Paid in Full
Dec 31, 2018

Lender

Bank of America, National Association

100 North Tryon Street, Charlotte, NC 28255

Project Location

Oakland County, MI

7(a)$50,500
Paid in Full
Approved
Feb 20, 2014 (FY2014)
SBA Guaranteed
$25,250 (50%)
Term
84 months (7.0 yrs)
Interest Rate
7.75%
Revolver
1
Business Type
Corporation
Industry
General Rental Centers (NAICS 532310)
Paid in Full
Dec 31, 2018

Lender

Bank of America, National Association

100 North Tryon Street, Charlotte, NC 28255

Project Location

Oakland County, MI

7(a)$100,000
Paid in Full
Approved
Aug 8, 2012 (FY2012)
SBA Guaranteed
$50,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
7.75%
Revolver
1
Jobs Supported
2
Business Type
Corporation
Industry
General Rental Centers (NAICS 532310)
Paid in Full
Dec 31, 2018

Lender

Bank of America, National Association

100 North Tryon Street, Charlotte, NC 28255

Project Location

Oakland County, MI

7(a)$602,500
Paid in Full
Approved
Apr 28, 2008 (FY2008)
SBA Guaranteed
$451,875 (75%)
Term
96 months (8.0 yrs)
Revolver
0
Jobs Supported
18
Business Type
Corporation
Industry
General Rental Centers (NAICS 532310)
Paid in Full
May 31, 2016

Lender

Bank of America, National Association

100 North Tryon Street, Charlotte, NC 28255

Project Location

Oakland County, MI

7(a)$76,300
Paid in Full
Approved
Apr 28, 2008 (FY2008)
SBA Guaranteed
$38,150 (50%)
Term
84 months (7.0 yrs)
Revolver
1
Jobs Supported
18
Business Type
Corporation
Industry
General Rental Centers (NAICS 532310)
Paid in Full
Mar 31, 2015

Lender

Bank of America, National Association

100 North Tryon Street, Charlotte, NC 28255

Project Location

Oakland County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
532310 — General Rental Centers
Address
5140 Meijer Dr
Royal Oak, MI 48073

Lenders

Oxford Bank
60, S Washington St, Oxford, MI 48371
First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Bank of America, National Association
100 North Tryon Street, Charlotte, NC 28255

Other SBA Borrowers in Royal Oak

Diversified Rehab Services Llc$7.7M in SBA loansGood Dogs Royal Oak Llc$5.0M in SBA loansKw3 Properties Llc (epc) / Primeway Inc. (oc)$3.5M in SBA loansCh Royal Oak, Llc$3.4M in SBA loansSuper Car Wash Systems & Holdings L.l.c.$3.0M in SBA loans
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