Premier Powersports of SG, LLC
Premier Powersports of SG, LLC, located in Saint Germain, Wisconsin, operates in the boat dealers industry (NAICS 441222). The company was financed with an SBA 7(a) loan for a change of ownership of $2.9 million, approved on January 14, 2026 by Forward Bank.
SBA 7(a) loan, change of ownership, approved Jan 14, 2026
$2,880,000 approvedLender: Forward Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,880,000
- SBA-guaranteed amount
- $2,160,000 (75% of the approval)
- Lender
- Forward Bank, Marshfield, WI
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 14, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $23,678 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 31, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 441222, Boat Dealers
- Project location
- Vilas County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Boat Dealers: $2,424,571.
- 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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