SBA lending record
Phi Manufacturing LLC
1216 S MERRIFIELD AVE, Mishawaka, IN 46544 · Other Engine Equipment Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$323K
Total SBA financing
2
Loans on record
FY2024
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Phi Manufacturing LLC your business?
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All 2 loans
$75,000 — FY2024
Loan 1 of 2- Gross approval
- $75,000
- SBA guaranteed
- $37,500 (50%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/21/2024
- First disbursement
- 4/10/2024
- Days to fund
- 20 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Engine Equipment Manufacturing
- NAICS code
- 333618
- Lender
- 1st Source Bank
- Address
- 1216 S MERRIFIELD AVE
- City
- Mishawaka, 46544
- County
- St Joseph
- SBA district office
- INDIANA DISTRICT OFFICE
- Congressional district
- 2
$247,500 — FY2024
Loan 2 of 2- Gross approval
- $247,500
- SBA guaranteed
- $185,625 (75%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 83 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/22/2024
- First disbursement
- 4/15/2024
- Days to fund
- 24 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Engine Equipment Manufacturing
- NAICS code
- 333618
- Lender
- 1st Source Bank
- Address
- 1216 S MERRIFIELD AVE
- City
- Mishawaka, 46544
- County
- St Joseph
- SBA district office
- INDIANA DISTRICT OFFICE
- Congressional district
- 2
The lender
Find SBA lenders for businesses like this
The banks most active funding other engine equipment manufacturing — by location, industry.
Similar businesses
Comparable other engine equipment manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
VTwin Powersports Inc.
Melrose Park, IL· ~89 mi
Other Engine Equipment Manufacturing
- $140K
- SBA financing
- ≈ $275K–$458K
- Est. revenue (rough)
Precision Assembly, LLC
Linden, MI· ~143 mi
Other Engine Equipment Manufacturing
- $750K
- SBA financing
- ≈ $1.5M–$2.5M
- Est. revenue (rough)
Arkto Ventures Inc.
Milford, MI· ~145 mi
Other Engine Equipment Manufacturing
- $775K
- SBA financing
- ≈ $1.5M–$2.5M
- Est. revenue (rough)
Rapid Manufacturing Technology, Inc.
Broomfield, CO· ~996 mi
Other Engine Equipment Manufacturing
- $310K
- SBA financing
- ≈ $608K–$1.0M
- Est. revenue (rough)
Smotherman Holdings LLC
Nixa, MO· ~496 mi
Other Engine Equipment Manufacturing
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
SMOLIK PERFORMANCE
Monongahela, PA· ~342 mi
Other Engine Equipment Manufacturing
- $164K
- SBA financing
- ≈ $322K–$536K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Phi Manufacturing LLC in Mishawaka, IN (Other Engine Equipment 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.
- 2 SBA 7(a) loans totaling $323K
- On record FY2024
- 4 jobs supported
- Industry: Other Engine Equipment Manufacturing
- Location: Mishawaka, IN
- Lender: 1st Source Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Engine Equipment Manufacturing businesses in IN for ~$161k 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 2026-06-19.
- 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 Phi Manufacturing LLC.