Northern Land Storage
Northern Land Storage is a business in Onalaska, WI, in the industry of lessors of miniwarehouses and self-storage units. The company financed real estate or equipment through an SBA 504 loan of $1,061,000, approved on May 13, 2025, with River Bank as the lender and WBD, Inc. as the certified development company.
SBA 504 loan, approved May 13, 2025
$1,061,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,061,000
- Bank portion
- $1,054,000
- Estimated project size
- $2,350,000 (estimated)
- Estimated owner equity
- $235,000 (estimated, about 10% of the project)
- Bank lender
- River Bank, Stoddard, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 13, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 531130, Lessors of Miniwarehouses and Self-Storage Units
- 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 45% SBA (CDC) 45% Owner 10%
- Larger than 3% of expansion loans in Lessors of Miniwarehouses and Self-Storage Units on this site.
- Average expansion loan in Lessors of Miniwarehouses and Self-Storage Units: $2,754,774.
- 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
- Stoughton Storage LLC, Stoughton
- Lomira Storage LLC, Lomira