Matzke Memorials, LLC
Matzke Memorials, LLC, located in La Crosse, WI, operates in the All Other Miscellaneous Retailers industry (NAICS 459999). The company was financed with an SBA 7(a) loan for a change of ownership of $1.54 million, approved on May 1, 2025, by Minnwest Bank.
SBA 7(a) loan, change of ownership, approved May 1, 2025
$1,540,000 approvedLender: Minnwest Bank136 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,540,000
- SBA-guaranteed amount
- $1,155,000 (75% of the approval)
- Lender
- Minnwest Bank, Redwood Falls, MN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 11 years, 4 months (136 months)
- Estimated maturity
- September 1, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $19,189 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 459999, All Other Miscellaneous Retailers
- Project location
- La Crosse County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 67% of acquisition loans in All Other Miscellaneous Retailers on this site.
- Average acquisition loan in All Other Miscellaneous Retailers: $1,546,818.
- 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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