Casadei Structural Steel Inc.

40675 Mound Road, Sterling Heights, MI 48310 · Structural Steel and Precast Concrete Contractors (NAICS 238120)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$4.0M

Jobs Supported

90

Years Active

2011–2014

Loan History (3)

Source: SBA FOIA
7(a)$3,000,000
Cancelled
Approved
Sep 17, 2014 (FY2014)
SBA Guaranteed
$2,250,000 (75%)
Term
12 months (1.0 yrs)
Interest Rate
4.75%
Revolver
1
Jobs Supported
30
Business Type
Corporation
Industry
Structural Steel and Precast Concrete Contractors (NAICS 238120)

Lender

First Merchants Bank

8711 River Crossing Blvd., Indianapolis, IN 46240

Project Location

Macomb County, MI

7(a)$500,000
Paid in Full
Approved
Oct 26, 2011 (FY2012)
SBA Guaranteed
$375,000 (75%)
Term
60 months (5.0 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
30
Business Type
Corporation
Industry
Other Building Finishing Contractors (NAICS 238390)
Paid in Full
Oct 31, 2013

Lender

First Merchants Bank

8711 River Crossing Blvd., Indianapolis, IN 46240

Project Location

Macomb County, MI

7(a)$500,000
Paid in Full
Approved
Aug 30, 2011 (FY2011)
SBA Guaranteed
$250,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
6.00%
Revolver
1
Jobs Supported
30
Business Type
Corporation
Industry
Structural Steel and Precast Concrete Contractors (NAICS 238120)
Paid in Full
Oct 31, 2018

Lender

First Merchants Bank

8711 River Crossing Blvd., Indianapolis, IN 46240

Project Location

Macomb County, MI

Business Details

Business Type
Corporation
NAICS Code
238120 Structural Steel and Precast Concrete Contractors
Address
40675 Mound Road
Sterling Heights, MI 48310

Lender

First Merchants Bank
8711 River Crossing Blvd., Indianapolis, IN 46240

Other SBA Borrowers in Sterling Heights

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