Thornapple Excavating, Inc.
Thornapple Excavating, Inc. is located in Grand Rapids, MI, and the SBA lists its industry as Other Heavy and Civil Engineering Construction. It was approved for an SBA 7(a) loan of $4,500,000 for a change of ownership on May 19, 2025. This registry lists 2 loans for the company.
- Business type
- Corporation
- Business age reported
- Change of Ownership
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| May 19, 2025 | $4,500,000 | $3,375,000 | The Huntington National Bank | 10 years | 7.99% fixed | 10 | Status not reported (SBA exemption) |
| May 19, 2025 | $500,000 | $250,000 | The Huntington National Bank | 10 years | 9.25% variable | 10 | Status not reported (SBA exemption) |
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