Ascent Airparks, LLC
Ascent Airparks, LLC, located in New Berlin, Wisconsin, operates in the All Other Amusement and Recreation Industries sector. The company financed real estate or equipment through an SBA 504 loan in the amount of $2,480,000, with Old National Bank as the lender and approval on March 7, 2024.
SBA 504 loan, approved Mar 7, 2024
$2,480,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,480,000
- Bank portion
- $3,944,000
- Estimated project size
- $7,137,778 (estimated)
- Estimated owner equity
- $713,778 (estimated, about 10% of the project)
- Bank lender
- Old National Bank, Evansville, IN
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 7, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 39
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Waukesha County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-1
- Collateral
- Yes
Estimated share of project by source
Bank 55% SBA (CDC) 35% Owner 10%
- Larger than 65% of expansion loans in All Other Amusement and Recreation Industries on this site.
- Average expansion loan in All Other Amusement and Recreation Industries: $2,189,271.
- 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.
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Same industry in Wisconsin
- Playful Pursuits LLC, Appleton