Rapids Holdings, LLC
Rapids Holdings, LLC is located in Wisconsin Rapids, WI, and the SBA lists its industry as New Car Dealers. It was approved for an SBA 504 loan ($2,290,000 SBA portion) on June 29, 2026 to finance real estate or equipment.
SBA 504 loan, approved Jun 29, 2026
- SBA (CDC) portion
- $2,290,000
- Bank portion
- $2,785,000
- Estimated project size
- $5,638,889 (estimated)
- Estimated owner equity
- $563,889 (estimated, about 10% of the project)
- Bank lender
- Forward Bank, Marshfield, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 29, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 45
- Business type
- Corporation
- NAICS
- 441110, New Car Dealers
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Project location
- Wood County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 42% of expansion loans in New Car Dealers on this site.
- Average expansion loan in New Car Dealers: $3,138,111.
- 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
- Don Larson Ford, Baraboo