Electronic Data Magnetics Inc

210 Old Thomasville Rd, High Point, NC 27260 · Commercial Gravure Printing (NAICS 323111)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

8

Total Amount

$12.5M

Jobs Supported

609

Years Active

1999–2020

Loan History (8)

Source: SBA FOIA
7(a)$1,500,000
Paid in Full
Approved
Apr 27, 2020 (FY2020)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.25%
Revolver
1
Jobs Supported
87
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Commercial Gravure Printing (NAICS 323111)
Paid in Full
May 31, 2021

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Guilford County, NC

7(a)$1,500,000
Paid in Full
Approved
Apr 16, 2019 (FY2019)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
6.50%
Revolver
1
Jobs Supported
87
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Commercial Gravure Printing (NAICS 323111)
Paid in Full
Apr 30, 2020

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Guilford County, NC

7(a)$1,500,000
Paid in Full
Approved
Apr 23, 2018 (FY2018)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.75%
Revolver
1
Jobs Supported
87
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Commercial Gravure Printing (NAICS 323111)
Paid in Full
Apr 30, 2019

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Guilford County, NC

7(a)$1,900,000
Paid in Full
Approved
Apr 17, 2017 (FY2017)
SBA Guaranteed
$1,710,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.00%
Revolver
1
Jobs Supported
87
Business Type
Corporation
Industry
Commercial Gravure Printing (NAICS 323111)
Paid in Full
Apr 30, 2018

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Guilford County, NC

7(a)$1,400,000
Paid in Full
Approved
Apr 8, 2016 (FY2016)
SBA Guaranteed
$1,260,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.50%
Revolver
1
Jobs Supported
87
Business Type
Corporation
Industry
Commercial Gravure Printing (NAICS 323111)
Paid in Full
Jun 30, 2017

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Guilford County, NC

7(a)$1,495,900
Paid in Full
Approved
Oct 12, 2004 (FY2005)
SBA Guaranteed
$999,979 (67%)
Term
120 months (10.0 yrs)
Revolver
0
Jobs Supported
88
Business Type
Corporation
Industry
All Other Converted Paper Product Manufacturing (NAICS 322299)
Paid in Full
Mar 31, 2012

Lender

First-citizens Bank & Trust Company

100 E. Tryon Rd, Raleigh, NC 27603

Project Location

Guilford County, NC

7(a)$1,700,000
Cancelled
Approved
Jun 10, 2004 (FY2004)
SBA Guaranteed
$127,500 (8%)
Term
179 months (14.9 yrs)
Revolver
0
Jobs Supported
86
Business Type
Corporation
Industry
All Other Miscellaneous Manufacturing (NAICS 339999)

Lender

Business Loan Center, Llc

Five Independence Pointe, Greenville, SC 29615

Project Location

Guilford County, NC

7(a)$1,525,000
Paid in Full
Approved
Nov 2, 1998 (FY1999)
SBA Guaranteed
$747,250 (49%)
Term
120 months (10.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

Ge Capital Small Business Finance Corporation

C/o Gemsa Loan Services, L.p., Houston, TX 77042

Project Location

Guilford County, NC

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
323111 Commercial Gravure Printing
Address
210 Old Thomasville Rd
High Point, NC 27260

Lenders

Truist Bank
214 N Tryon St, Charlotte, NC 28202
First-citizens Bank & Trust Company
100 E. Tryon Rd, Raleigh, NC 27603
Business Loan Center, Llc
Five Independence Pointe, Greenville, SC 29615
Ge Capital Small Business Finance Corporation
C/o Gemsa Loan Services, L.p., Houston, TX 77042

Other SBA Borrowers in High Point

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