SBA lending record
Kata Engineering LLC
2823 Cass Road, Suite F5, Traverse City, MI 49684 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$312K
Total SBA financing
1
Loan on record
FY2020
On record
7
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Kata Engineering LLC your business?
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The loan
$312,000 — FY2020
- Gross approval
- $312,000
- SBA guaranteed
- $234,000 (75%)
- Status
- Paid in full
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/23/2020
- First disbursement
- 9/22/2020
- Days to fund
- 61 days
- Paid in full
- 12/31/2024
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Machine Shops
- NAICS code
- 332710
- Lender
- Nicolet National Bank
- Address
- 2823 Cass Road, Suite F5
- City
- Traverse City, 49684
- County
- Grand Traverse
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 1
The lender
Find SBA lenders for businesses like this
The banks most active funding machine shops — by location, industry.
Similar businesses
Comparable machine shops in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Precision Boring LLC
Manistee, MI· ~46 mi
Machine Shops
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
TG Machine, Inc.
Holland, MI· ~133 mi
Machine Shops
- $408K
- SBA financing
- ≈ $800K–$1.3M
- Est. revenue (rough)
KNM LLC
Manitowoc, WI· ~108 mi
Machine Shops
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
GRAND RAPIDS WELDING COMPANY, LLC
Grand Rapids, MI· ~127 mi
Machine Shops
- $386K
- SBA financing
- ≈ $757K–$1.3M
- Est. revenue (rough)
CM ROUTING LLC
Racine, WI· ~178 mi
Machine Shops
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Lyn Nudd
Manitowoc, WI· ~110 mi
Machine Shops
- $262K
- SBA financing
- ≈ $514K–$856K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Kata Engineering LLC in Traverse City, MI (Machine Shops). CapBench 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 $312K
- On record FY2020
- 7 jobs supported
- Industry: Machine Shops
- Location: Traverse City, MI
- Lender: Nicolet National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Machine Shops businesses in MI for ~$312k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is Kata Engineering LLC your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Kata Engineering LLC.