Emerald City Harbor Inc.

24200 East Jefferson Avenue, St. Clair Shores, MI 48080 · Marinas (NAICS 713930)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$2.8M

Jobs Supported

59

Years Active

2014–2018

Loan History (3)

Source: SBA FOIA
7(a)$462,000
Paid in Full
Approved
Oct 19, 2017 (FY2018)
SBA Guaranteed
$346,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
21
Business Type
Corporation
Business Age
Existing, 5 or More Years
Industry
Marinas (NAICS 713930)
Paid in Full
Mar 31, 2019

Lender

First Merchants Bank

8711 River Crossing Blvd., Indianapolis, IN 46240

Project Location

Macomb County, MI

7(a)$2,148,500
Paid in Full
Approved
Dec 6, 2013 (FY2014)
SBA Guaranteed
$1,611,375 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
19
Business Type
Corporation
Industry
Marinas (NAICS 713930)
Paid in Full
Mar 31, 2019

Lender

First Merchants Bank

8711 River Crossing Blvd., Indianapolis, IN 46240

Project Location

Macomb County, MI

7(a)$150,000
Paid in Full
Approved
Feb 28, 2014 (FY2014)
SBA Guaranteed
$75,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
19
Business Type
Corporation
Industry
Marinas (NAICS 713930)
Paid in Full
Nov 30, 2017

Lender

Old National Bank

One Main St, Evansville, IN 47708

Project Location

Macomb County, MI

Business Details

Business Type
Corporation
Business Age
Existing, 5 or More Years
NAICS Code
713930 Marinas
Address
24200 East Jefferson Avenue
St. Clair Shores, MI 48080

Lenders

First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240
Old National Bank
One Main St, Evansville, IN 47708

Other SBA Borrowers in St. Clair Shores

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