SBA lending record

Progress Machining Inc.

1155 Judson Road, Norton Shores, MI 49456 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.5M

Total SBA financing

Loans on record

FY2021–22

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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All 2 loans

$150,000 — FY2022

Loan 1 of 2

Gross approval: $150,000
SBA guaranteed: $75,000 (50%)
Status: Paid in full
Rate at approval: 5.25% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/2/2021
First disbursement: 12/31/2021
Days to fund: 29 days
Paid in full: 8/31/2024
Collateral

The lender

The Huntington National Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for Progress Machining Inc. in Norton Shores, MI (Machine Shops). 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.

2 SBA 7(a) loans totaling $1.5M
On record FY2021–22
13 jobs supported
Industry: Machine Shops
Location: Norton Shores, MI
Lender: The Huntington National Bank

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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 Progress Machining Inc..