Inspire Holdings LLC
Inspire Holdings LLC, located in Westport, WI, operates in the child care services industry (NAICS 624410). The business financed real estate or equipment through an SBA 504 loan of $1,299,000 with Oak Bank, approved on May 3, 2024.
SBA 504 loan, approved May 3, 2024
$1,299,000 SBA portionCDC: WBD, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,299,000
- Bank portion
- $1,587,000
- Estimated project size
- $3,206,667 (estimated)
- Estimated owner equity
- $320,667 (estimated, about 10% of the project)
- Bank lender
- Oak Bank, Fitchburg, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 3, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Dane County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 20% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- 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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