SBA lending record
Polycon, Inc.
412 Romeo Rd, Rochester, MI 48307 · Water and Sewer Line and Related Structures Construction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$225K
Total SBA financing
1
Loan on record
FY2022
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Polycon, Inc. your business?
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The loan
$225,000 — FY2022
- Gross approval
- $225,000
- SBA guaranteed
- $112,500 (50%)
- Status
- Charged off (failed)
- Rate at approval
- 7.3% v
- Term
- 55 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/25/2022
- First disbursement
- 7/29/2022
- Days to fund
- 4 days
- Charged off
- 2/3/2025
- Charge-off amount
- $151,206
The lender
The Huntington National Bank
1 loan to this businessFull SBA lending record + branches on the lender page →Is Polycon, Inc. your business?
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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 Polycon, Inc..