SBA lending record
MAGNETON LABS, LLC
301 BELLE RD, Michigan City, IN 46360 · Custom Computer Programming Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$150K
Total SBA financing
1
Loan on record
FY2024
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$150,000 — FY2024
- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Current
- Rate at approval
- 13.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/24/2024
- First disbursement
- 5/31/2024
- Days to fund
- 7 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
BayFirst National Bank
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for MAGNETON LABS, LLC in Michigan City, IN (Custom Computer Programming 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 $150K
- On record FY2024
- 1 jobs supported
- Industry: Custom Computer Programming Services
- Location: Michigan City, IN
- Lender: BayFirst National Bank
Is MAGNETON LABS, LLC 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 MAGNETON LABS, LLC.