SBA lending record
Bannasch Welding, Inc.
745 & 807 LAKE LANSING RD, Lansing, MI 48906 · All Other Professional, Scientific, and Technical Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.5M
Total SBA financing
1
Loan on record
FY2020
On record
12
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,483,000 — FY2020
- Gross approval
- $1,483,000
- SBA guaranteed
- $1,112,250 (75%)
- Status
- Current
- Rate at approval
- 6.25% v
- Term
- 240 mo (20 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/30/2019
- First disbursement
- 12/31/2019
- Days to fund
- 62 days
- Collateral
- Required
- Jobs supported
- 12
- Business type
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Bannasch Welding, Inc. in Lansing, MI (All Other Professional, Scientific, and Technical Services). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $1.5M
- On record FY2020
- 12 jobs supported
- Industry: All Other Professional, Scientific, and Technical Services
- Location: Lansing, MI
- Lender: Lake Trust CU
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Bannasch Welding, Inc. your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Bannasch Welding, Inc..