Pierce Powerline Co Llc
538 N Michigan Rd, Saginaw, MI 48604 · Power and Communication Line and Related Structures Construction (NAICS 237130)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
6
Total Amount
$4.8M
Jobs Supported
198
Years Active
2020–2023
Loan History (6)
Source: SBA FOIA7(a)$300,000
Exempt
- Approved
- Oct 4, 2022 (FY2023)
- SBA Guaranteed
- $129,000 (43%)
- Term
- 90 months (7.5 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Jobs Supported
- 12
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Power and Communication Line and Related Structures Construction (NAICS 237130)
Lender
Choiceone Bank
109 E Division St, Sparta, MI 49345
Project Location
Saginaw County, MI
7(a)$2,500,000
Exempt
- Approved
- Jul 25, 2022 (FY2022)
- SBA Guaranteed
- $1,875,000 (75%)
- Term
- 60 months (5.0 yrs)
- Interest Rate
- 5.75%
- Revolver
- 1
- Jobs Supported
- 100
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Power and Communication Line and Related Structures Construction (NAICS 237130)
Lender
Choiceone Bank
109 E Division St, Sparta, MI 49345
Project Location
Saginaw County, MI
7(a)$225,000
Exempt
- Approved
- Nov 5, 2020 (FY2021)
- SBA Guaranteed
- $168,750 (75%)
- Term
- 240 months (20.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 0
- Jobs Supported
- 6
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Electrical Contractors (NAICS 238210)
Lender
Choiceone Bank
109 E Division St, Sparta, MI 49345
Project Location
Saginaw County, MI
7(a)$500,000
Exempt
- Approved
- Sep 22, 2021 (FY2021)
- SBA Guaranteed
- $450,000 (90%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 4.75%
- Revolver
- 0
- Jobs Supported
- 32
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Electrical Contractors (NAICS 238210)
Lender
Choiceone Bank
109 E Division St, Sparta, MI 49345
Project Location
Saginaw County, MI
7(a)$1,000,000
Paid in Full
- Approved
- Sep 22, 2021 (FY2021)
- SBA Guaranteed
- $900,000 (90%)
- Term
- 60 months (5.0 yrs)
- Interest Rate
- 5.00%
- Revolver
- 1
- Jobs Supported
- 32
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Electrical Contractors (NAICS 238210)
- Paid in Full
- Aug 31, 2022
Lender
Choiceone Bank
109 E Division St, Sparta, MI 49345
Project Location
Saginaw County, MI
7(a)$300,000
Paid in Full
- Approved
- Aug 4, 2020 (FY2020)
- SBA Guaranteed
- $150,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 1
- Jobs Supported
- 16
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Electrical Contractors (NAICS 238210)
- Paid in Full
- Sep 30, 2021
Lender
Choiceone Bank
109 E Division St, Sparta, MI 49345
Project Location
Saginaw County, MI
Business Details
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- NAICS Code
- 237130 — Power and Communication Line and Related Structures Construction
- Address
- 538 N Michigan Rd
Saginaw, MI 48604
Lender
- Choiceone Bank
- 109 E Division St, Sparta, MI 49345