Cornell Tool Sales Llc
8448 Greenfield Shores Dr, Scotts, MI 49088 · Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$243K
Jobs Supported
2
Years Active
2025–2025
Loan History (2)
Source: SBA FOIA7(a)$192,900
Cancelled
- Approved
- Jul 1, 2025 (FY2025)
- SBA Guaranteed
- $96,450 (50%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 8.75%
- Revolver
- 0
- Jobs Supported
- 1
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)
Lender
1st Source Bank
100 N Michigan St, South Bend, IN 46601
Project Location
Kalamazoo County, MI
7(a)$50,000
Committed
- Approved
- Jul 1, 2025 (FY2025)
- SBA Guaranteed
- $25,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 8.75%
- Revolver
- 1
- Jobs Supported
- 1
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers (NAICS 423830)
Lender
1st Source Bank
100 N Michigan St, South Bend, IN 46601
Project Location
Kalamazoo County, MI
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 423830 — Industrial Machinery and Equipment Merchant Wholesalers
- Address
- 8448 Greenfield Shores Dr
Scotts, MI 49088
Lender
- 1st Source Bank
- 100 N Michigan St, South Bend, IN 46601