4600 Puerto Norte LLC
4600 Puerto Norte LLC is an elementary and secondary school operator located in Glendale, Wisconsin, in the NAICS industry for elementary and secondary schools. The company financed real estate or equipment through an SBA 504 loan with a total project amount of $3,582,500, with a Byline Bank loan approved on February 20, 2024 and processed through WBD, Inc. as the certified development company.
SBA 504 loan, approved Feb 20, 2024
$2,931,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,931,000
- Bank portion
- $3,582,500
- Estimated project size
- $7,237,222 (estimated)
- Estimated owner equity
- $723,722 (estimated, about 10% of the project)
- Bank lender
- Byline Bank, Chicago, IL
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 20, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 45
- Business type
- Corporation
- NAICS
- 611110, Elementary and Secondary Schools
- Franchise
- Casa De Corazón
- Project location
- Milwaukee County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-4
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 81% of expansion loans in Elementary and Secondary Schools on this site.
- Average expansion loan in Elementary and Secondary Schools: $2,129,925.
- Average expansion loan in Wisconsin: $2,095,135.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.