Prosper-Tech Machine & Tool LLC
Prosper-Tech Machine & Tool LLC is located in Richmond, MI, and the SBA lists its industry as Machine Shops. It was approved for an SBA 504 loan ($2,109,000 SBA portion) on June 8, 2026 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jun 8, 2026 | $2,109,000 | $2,575,000 | $5,204,444 (estimated) | Northstar Bank | Michigan Certified Development Corporation | 25 years | 14 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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