Erdie Industries Inc.
1205 Colorado Avenue, Lorain, OH 44052 · Corrugated and Solid Fiber Box Manufacturing (NAICS 322211)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
5
Total Amount
$2.7M
Jobs Supported
129
Years Active
2010–2017
Loan History (5)
Source: SBA FOIA7(a)$100,000
Paid in Full
- Approved
- Apr 6, 2017 (FY2017)
- SBA Guaranteed
- $50,000 (50%)
- Term
- 96 months (8.0 yrs)
- Interest Rate
- 6.75%
- Revolver
- 0
- Jobs Supported
- 2
- Business Type
- Corporation
- Industry
- Corrugated and Solid Fiber Box Manufacturing (NAICS 322211)
- Paid in Full
- Oct 31, 2021
Lender
The Huntington National Bank
17 S High St., Columbus, OH 43215
Project Location
Lorain County, OH
7(a)$450,000
Paid in Full
- Approved
- Sep 27, 2016 (FY2016)
- SBA Guaranteed
- $337,500 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 50
- Business Type
- Corporation
- Industry
- Other Paperboard Container Manufacturing (NAICS 322219)
- Paid in Full
- Oct 31, 2021
Lender
The Huntington National Bank
17 S High St., Columbus, OH 43215
Project Location
Lorain County, OH
7(a)$150,000
Paid in Full
- Approved
- Apr 14, 2015 (FY2015)
- SBA Guaranteed
- $127,500 (85%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 7.25%
- Revolver
- 0
- Jobs Supported
- 27
- Business Type
- Corporation
- Industry
- Corrugated and Solid Fiber Box Manufacturing (NAICS 322211)
- Paid in Full
- Dec 31, 2020
Lender
Growth Capital Corp.
1360 East Ninth Street, Cleveland, OH 44114
Project Location
Lorain County, OH
7(a)$200,000
Paid in Full
- Approved
- Mar 10, 2010 (FY2010)
- SBA Guaranteed
- $100,000 (50%)
- Term
- 154 months (12.8 yrs)
- Interest Rate
- 5.73%
- Revolver
- 0
- Jobs Supported
- 25
- Business Type
- Corporation
- Industry
- Fiber Can, Tube, Drum, and Similar Products Manufacturing (NAICS 322214)
- Paid in Full
- Oct 31, 2021
Lender
The Huntington National Bank
17 S High St., Columbus, OH 43215
Project Location
Lorain County, OH
7(a)$1,797,000
Paid in Full
- Approved
- Mar 10, 2010 (FY2010)
- SBA Guaranteed
- $1,399,863 (78%)
- Term
- 180 months (15.0 yrs)
- Interest Rate
- 5.73%
- Revolver
- 0
- Jobs Supported
- 25
- Business Type
- Corporation
- Industry
- Fiber Can, Tube, Drum, and Similar Products Manufacturing (NAICS 322214)
- Paid in Full
- Oct 31, 2021
Lender
The Huntington National Bank
17 S High St., Columbus, OH 43215
Project Location
Lorain County, OH
Business Details
- Business Type
- Corporation
- NAICS Code
- 322211 — Corrugated and Solid Fiber Box Manufacturing
- Address
- 1205 Colorado Avenue
Lorain, OH 44052
Lenders
- The Huntington National Bank
- 17 S High St., Columbus, OH 43215
- Growth Capital Corp.
- 1360 East Ninth Street, Cleveland, OH 44114