SBA lending record
Ferree's Tools, Inc.
1477 East Michigan Avenue, Battle Creek, MI 49014 · Commercial and Industrial Machinery and Equipment (except Au. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.8M
Total SBA financing
1
Loan on record
FY2022
On record
14
Jobs supported
Is Ferree's Tools, Inc. your business?
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The loan
$3,845,000 — FY2022
- Gross approval
- $3,845,000
- SBA guaranteed
- $2,883,750 (75%)
- Status
- Current
- Rate at approval
- 4% f
- Term
- 180 mo (15 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/14/2022
- First disbursement
- 1/31/2022
- Days to fund
- 17 days
- Collateral
- Required
- Jobs supported
- 14
- Business type
The lender
Horizon Bank
1 loan to this business- Total assets
- $6540.3B
- Deposits
- $5498.3B
- Loans outstanding
- $4837.1B
- Net income
- $29.0B
- Return on assets
- 1.791603437524461%
- Return on equity
- 15%
- Total equity
- $778.2B
- Offices
- 79
- Founded
- 04/2
- Headquarters
- 515 Franklin St, Michigan City, IN, 46360
- FDIC cert
- 4360
- Website
- www.horizonbank.com
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Ferree's Tools, Inc..