Great River Harley-Davidson
Great River Harley-Davidson is a motorcycle, ATV, and all other motor vehicle dealer located in Onalaska, WI. The company financed real estate or equipment through an SBA 504 loan of $1,049,000, approved on May 16, 2024 by State Bank Financial, with the certified development company WBD, Inc. The business operates as a Harley-Davidson franchise and is more than two years old.
SBA 504 loan, approved May 16, 2024
$1,049,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,049,000
- Bank portion
- $1,395,000
- Estimated project size
- $2,715,556 (estimated)
- Estimated owner equity
- $271,556 (estimated, about 10% of the project)
- Bank lender
- State Bank Financial, La Crosse, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 16, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 441227, Motorcycle, ATV, and All Other Motor Vehicle Dealers
- Franchise
- Harley Davidson - Motor Cycle Dealer Contract
- Project location
- La Crosse County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-3
- Collateral
- Yes
Estimated share of project by source
Bank 51% SBA (CDC) 39% Owner 10%
- Average expansion loan in Motorcycle, ATV, and All Other Motor Vehicle Dealers: $2,545,211.
- 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
- Harley-Davidson Motorcycles of Appleton, Inc., Appleton
- Stateline Powersports, Inc., La Crosse
- Koehne Powersports, Inc., Marinette