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Posts tagged: guaranteed loan

USDA Guaranteed Loans Give A Michigan Auto Parts Supplier The Ability to Add New Jobs

(From left):  SMI Co-owner Jerry Carlson, U.S. Sen. Carl Levin, SMI President Dodd Russell, USDA Rural Development State Director for Michigan James J. Turner, and The Bank of Northern Michigan Vice President for Business Banking Wade Van Houzen.

(From left): SMI Co-owner Jerry Carlson, U.S. Sen. Carl Levin, SMI President Dodd Russell, USDA Rural Development State Director for Michigan James J. Turner, and The Bank of Northern Michigan Vice President for Business Banking Wade Van Houzen.

Michigan has lost tens of thousands of manufacturing jobs over the last few years, so it’s always nice to celebrate an occasion when we add jobs to this sector.

Earlier this week, USDA Rural Development State Director for Michigan James J. Turner announced two guaranteed loans totaling $7,785,000 that will enable Skilled Manufacturing, Inc., a Traverse City manufacturing firm to hire 75 new workers.  Read more »