Go4thejourney LLC
Go4thejourney LLC is a beer, wine, and liquor retailer located in Waupun, Wisconsin. The company was financed with an SBA 7(a) loan for a change of ownership of $610,200, approved by National Exchange Bank and Trust on December 11, 2024.
SBA 7(a) loan, change of ownership, approved Dec 11, 2024
- Gross approval
- $610,200
- SBA-guaranteed amount
- $457,650 (75% of the approval)
- Lender
- National Exchange Bank and Trust, Fond Du Lac, WI
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 11, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,323 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Fond Du Lac County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 13% of acquisition loans in Beer, Wine, and Liquor Retailers on this site.
- Average acquisition loan in Beer, Wine, and Liquor Retailers: $1,337,023.
- Average acquisition loan in Wisconsin: $1,729,230.
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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