EDC Projects

Community Development Block Grant (CDBG) RLF Loans
Loan Recipients
Date Approved
Amount
Acra Phenolic, Inc.
June 6, 2006
$250,000
Banner Properties, LLC
June 6, 2006
$220,000
Britten Banners, Inc.
May 30, 1998
$79,000
Cherry Blossom, LLC #1
June 5, 2000
$178,000
Cherry Blossom, LLC #2
June 5, 2000
$103,750
Cope Tool & Die
March 23, 2000
$87,500
FAZ Enterprises, LLC
March 3, 2004
$50,000
GFA Land Company, LLC
October, 10, 2003
$230,000
Grand Traverse Industries
June 4, 2007
$71,200
Grand Traverse Project
November 9, 1995
$230,000
GT Reels #1 - GT Container
March 19, 1997
$125,000
GT Reels #3 - It's Golden Leasing
October 26, 1998
$93,750
Inland Seas Engineering
June 22, 2001
$130,000
It's Golden Leasing
June 26, 2000
$120,000
K.D.S. Enterprises
May 22, 1997
$100,000
MasterCraft Cabinets
January 21, 2003
$75,000
Minervini Group - Village at GT Commons
September 12, 2005
$500,000
Pinnacle Plastics
September 3, 1998
$220,000
Stexley Brake (dba Tape Wrangler)
February 5, 2009
$240,000
T.E. Technology
February 18, 1998
$90,000
Converged Solutions #1
February 1, 2009
$150,000
Converged Solutions #2
February 1, 2009
$50,000
45th Parallel Furniture
March 10, 2011
$150,000
Peninsula Wholesale
October 15, 2010
$250,000
Total
  $3,793,950

Community Development Block Grant (CDBG) RLF Grants
Grant Recipients
Year
Amount
Department of Agriculture 10% Match - TBEDC
2008
$2,500
Kitchen Incubator
2006
$2,500
Broadband Initiative
2010
$16,500
Economic Development Corporation Bond Recipients
  • Big Boy
  • Gas Compression Services
  • Grand Traverse Area Catholic Schools
  • Involved Citizen Enterprises
  • Traverse House - Montessori School
  • Traverse Bay Community Schools