SBA lending record
Praecis, Inc.
600 S WAGNER RD, Ann Arbor, MI 48103 · Other Electronic Component Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$100K
Total SBA financing
1
Loan on record
FY2020
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$100,000 — FY2020
- Gross approval
- $100,000
- SBA guaranteed
- $50,000 (50%)
- Status
- Paid in full
- Rate at approval
- 7% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/5/2019
- First disbursement
- 11/30/2019
- Days to fund
- 25 days
- Paid in full
- 3/31/2025
- Collateral
- Required
The lender
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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 Praecis, Inc..