Acorn Industries, Inc.
Acorn Industries, Inc. is a business in Livonia, Michigan, classified under NAICS 541990 for all other professional, scientific, and technical services. The company was approved for an SBA 504 loan of $3,194,000 from JPMorgan Chase Bank, National Association, with Oakland County Business Finance Corporation as the certified development company, and the approval date was March 13, 2026.
SBA 504 loan, approved Mar 13, 2026
$3,194,000 SBA portionCDC: Oakland County Business Finance Corporation10 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,194,000
- Bank portion
- $3,886,130
- Estimated project size
- $7,866,811 (estimated)
- Estimated owner equity
- $786,681 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 10 years (120 months)
- Estimated maturity
- March 13, 2036 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 60
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- Wayne County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-11
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 88% of expansion loans in All Other Professional, Scientific, and Technical Services on this site.
- Average expansion loan in All Other Professional, Scientific, and Technical Services: $1,882,695.
- Average expansion loan in Michigan: $2,050,489.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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