Jit Powder Coating Company

21020 Eaton Avenue, Farmington, MN 55024 · Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

8

Total Amount

$1.9M

Jobs Supported

419

Years Active

1995–2011

Loan History (8)

Source: SBA FOIA
7(a)$30,000
Paid in Full
Approved
Feb 23, 2011 (FY2011)
SBA Guaranteed
$15,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
6.00%
Revolver
1
Jobs Supported
96
Business Type
Corporation
Industry
Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Paid in Full
Jan 31, 2013

Lender

Sunrise Banks National Association

200 University Ave West, Saint Paul, MN 55103

Project Location

Dakota County, MN

7(a)$38,000
Paid in Full
Approved
Apr 8, 2011 (FY2011)
SBA Guaranteed
$32,300 (85%)
Term
36 months (3.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
43
Business Type
Corporation
Industry
Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Paid in Full
Jan 31, 2013

Lender

Sunrise Banks National Association

200 University Ave West, Saint Paul, MN 55103

Project Location

Dakota County, MN

7(a)$55,000
Paid in Full
Approved
Feb 17, 2011 (FY2011)
SBA Guaranteed
$46,750 (85%)
Term
24 months (2.0 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
43
Business Type
Corporation
Industry
Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Paid in Full
Jan 31, 2013

Lender

Sunrise Banks National Association

200 University Ave West, Saint Paul, MN 55103

Project Location

Dakota County, MN

7(a)$50,000
Paid in Full
Approved
Mar 17, 2010 (FY2010)
SBA Guaranteed
$25,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
6.00%
Revolver
1
Jobs Supported
43
Business Type
Corporation
Industry
Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Paid in Full
Feb 28, 2013

Lender

Sunrise Banks National Association

200 University Ave West, Saint Paul, MN 55103

Project Location

Dakota County, MN

7(a)$350,000
Paid in Full
Approved
Mar 10, 2010 (FY2010)
SBA Guaranteed
$315,000 (90%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
43
Business Type
Corporation
Industry
Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Paid in Full
Jan 31, 2013

Lender

Sunrise Banks National Association

200 University Ave West, Saint Paul, MN 55103

Project Location

Dakota County, MN

504$690,000
Paid in Full
Approved
Mar 5, 2007 (FY2007)
Term
240 months (20.0 yrs)
Jobs Supported
63
Business Type
Corporation
Industry
Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Paid in Full
Mar 31, 2019

Certified Development Company (CDC)

Amplio Economic Development Co

3900 Northwoods Drive, Arden Hills, MN 55112

Project Location

Dakota County, MN

7(a)$156,900
Paid in Full
Approved
Nov 27, 2001 (FY2002)
SBA Guaranteed
$117,675 (75%)
Term
84 months (7.0 yrs)
Revolver
0
Jobs Supported
58
Business Type
Corporation
Industry
Metal Coating, Engraving (except Jewelry and Silverware), and Allied S (NAICS 332812)
Paid in Full
Dec 31, 2005

Lender

Associated Bank, National Association

200 N Adams St, Green Bay, WI 54301

Project Location

Dakota County, MN

504$508,000
Paid in Full
Approved
May 1, 1995 (FY1995)
Term
240 months (20.0 yrs)
Jobs Supported
30
Business Type
Corporation
Paid in Full
Jan 31, 2016

Certified Development Company (CDC)

Amplio Economic Development Co

3900 Northwoods Drive, Arden Hills, MN 55112

Project Location

Dakota County, MN

Business Details

Business Type
Corporation
NAICS Code
332812 Metal Coating, Engraving (except Jewelry and Silverware), and Allied S
Address
21020 Eaton Avenue
Farmington, MN 55024

Lenders

Sunrise Banks National Association
200 University Ave West, Saint Paul, MN 55103
Associated Bank, National Association
200 N Adams St, Green Bay, WI 54301

Other SBA Borrowers in Farmington

Advertisement