SBA lending record
Paragon Model Shop Inc.
10083 THOMPSON RD, Freeport, MI 49325 · Plate Work Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$400K
Total SBA financing
1
Loan on record
FY2026
On record
12
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$400,000 — FY2026
- Gross approval
- $400,000
- SBA guaranteed
- $300,000 (75%)
- Status
- Committed
- Rate at approval
- 8.75% v
- Term
- 120 mo (10 yr)
- Program
- Standard Asset Base Working Capital Line
- Subprogram
- Standard Asset Based
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/6/2026
- Collateral
- Required
- Jobs supported
- 12
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Plate Work Manufacturing
- NAICS code
- 332313
- Lender
- ChoiceOne Bank
- Address
- 10083 THOMPSON RD
- City
- Freeport, 49325
- County
- Ionia
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 3
The lender
Find SBA lenders for businesses like this
The banks most active funding plate work manufacturing — by location, industry.
Similar businesses
Comparable plate work manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Fabtron Corporation
Auburn, IN· ~100 mi
Plate Work Manufacturing
- $250K
- SBA financing
- ≈ $490K–$817K
- Est. revenue (rough)
2M Metals LLC
Beaver Falls, PA· ~292 mi
Plate Work Manufacturing
- $400K
- SBA financing
- ≈ $784K–$1.3M
- Est. revenue (rough)
Miss Steel LLC
Mechanicville, NY· ~585 mi
Plate Work Manufacturing
- $338K
- SBA financing
- ≈ $663K–$1.1M
- Est. revenue (rough)
KDK Jet Property Management LLC
Bellevue, ID· ~1456 mi
Plate Work Manufacturing
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
Thrive Geneva Acquisition LLC
Muskegon, MI· ~56 mi
Plate Work Manufacturing
- $4.8M
- SBA financing
- ≈ $9.3M–$16M
- Est. revenue (rough)
ARNOLD QUALITY METAL WORKS LLC
Logan, UT· ~1355 mi
Plate Work Manufacturing
- $250K
- SBA financing
- ≈ $490K–$817K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Paragon Model Shop Inc. in Freeport, MI (Plate Work Manufacturing). 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 $400K
- On record FY2026
- 12 jobs supported
- Industry: Plate Work Manufacturing
- Location: Freeport, MI
- Lender: ChoiceOne Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Plate Work Manufacturing businesses in MI for ~$400k 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 2026-06-24.
- 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.
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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 Paragon Model Shop Inc..