M&M Swag and Stich, Inc.
M&M Swag and Stich, Inc. is an apparel accessories and other apparel manufacturing business in Waterloo, Wisconsin. It was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2,396,400, approved by Old National Bank on September 25, 2025.
SBA 7(a) loan, change of ownership, approved Sep 25, 2025
$2,396,400 approvedLender: Old National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,396,400
- SBA-guaranteed amount
- $1,797,300 (75% of the approval)
- Lender
- Old National Bank, Evansville, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.3%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- September 25, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $17,399 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 315990, Apparel Accessories and Other Apparel Manufacturing
- Project location
- Jefferson County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Apparel Accessories and Other Apparel Manufacturing: $1,691,433.
- 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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