SBA lending record
Gerace Construction Company, Inc.
4055 S Saginaw Rd, Midland, MI 48640 · Commercial and Institutional Building Construction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.6M
Total SBA financing
1
Loan on record
FY2022
On record
28
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,650,000 — FY2022
- Gross approval
- $1,650,000
- SBA guaranteed
- $1,237,500 (75%)
- Status
- Paid in full
- Rate at approval
- 5.5% v
- Term
- 36 mo (3 yr)
- Program
- Contract Loan Line of Credit (CAPLine)
- Subprogram
- Contract Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/12/2021
- First disbursement
- 12/7/2021
- Days to fund
- 25 days
- Paid in full
- 8/31/2024
- Collateral
- Required
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Gerace Construction Company, Inc. in Midland, MI (Commercial and Institutional Building Construction). 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 $1.6M
- On record FY2022
- 28 jobs supported
- Industry: Commercial and Institutional Building Construction
- Location: Midland, MI
- Lender: 1st State Bank
- 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:
Is Gerace Construction Company, 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 Gerace Construction Company, Inc..