LoanRound
Find Lenders
SBA 7(a)Current

Somat Engineering, Inc.

Detroit, MIFifth Third BankEngineering Services · NAICS 541330
Search on Google Find lenders like this
APPROVAL AMOUNT
$2,520,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-04-30
9.5% rate
JOBS SUPPORTED
114
Borrower-reported

Loan details & location

LOCATION
Detroit, MI 48202
INDUSTRY
Engineering Services · NAICS 541330
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
9.5%
LOAN STATUS
Current
Detroit, MI 48202

Other loans from this lender · Fifth Third Bank

ELEMENT SALON AND DAY SPA LLC
Beauty Salons · Midland, MI
7(a)$939,000
Petrus Landscape Inc.
Landscaping Services · San Jose, CA
7(a)$200,000
Buster R Brake & Muffler Shop LLC
General Automotive Repair · Toledo, OH
7(a)$100,000
View all 23,665 loans from Fifth Third Bank →

Nearby loans · within 10 miles

PAINLESS DENTAL CENTER PC
7(a)
Byline Bank · Detroit
$5,000,000
International Market Place, Inc.
7(a)
The Huntington National Bank · Detroit
$5,000,000
Zoe Hospitality Group, LLC
504
Great Lakes Commercial Finance · Detroit
$5,000,000
TOP NOTCH MUFFLER & AUTO, LLC
7(a)
Newtek Small Business Finance, Inc. · Detroit
$5,000,000