Micron Precision Machining Inc.

225 East Morley Drive, Saginaw, MI 48601 · Machine Shops (NAICS 332710)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$5.0M

Jobs Supported

90

Years Active

2019–2019

Loan History (2)

Source: SBA FOIA
7(a)$4,650,000
Paid in Full
Approved
Jul 24, 2019 (FY2019)
SBA Guaranteed
$3,487,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
7.75%
Revolver
0
Jobs Supported
45
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Machine Shops (NAICS 332710)
Paid in Full
Apr 30, 2024

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Saginaw County, MI

7(a)$350,000
Cancelled
Approved
Jul 24, 2019 (FY2019)
SBA Guaranteed
$175,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
7.00%
Revolver
1
Jobs Supported
45
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Machine Shops (NAICS 332710)

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Saginaw County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
332710 Machine Shops
Address
225 East Morley Drive
Saginaw, MI 48601

Lender

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

Other SBA Borrowers in Saginaw

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