Main Street Registry

The Hoffman Family's Coachlite Inn, Inc.

Sister Bay, WI · Hotels (except Casino Hotels) and Motels · NAICS 721110

The Hoffman Family's Coachlite Inn, Inc. is a hotel and motel business in Sister Bay, Wisconsin, classified under NAICS code 721110 (Hotels, except Casino Hotels, and Motels). The company financed real estate or equipment through an SBA 504 loan of $1,294,000, with Nicolet National Bank as the lender and a loan approval date of January 5, 2026.

SBA 504 loan, approved Jan 5, 2026

$1,294,000 SBA portionCDC: WBD, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,294,000
Bank portion
$1,797,200
Estimated project size
$3,434,667 (estimated)
Estimated owner equity
$343,467 (estimated, about 10% of the project)
Bank lender
Nicolet National Bank, Green Bay, WI
CDC
WBD, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 5, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
2
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Door County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-8
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 11% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
  • 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