Schutt Industries of Clintonville, Wis., Inc.
Schutt Industries of Clintonville, Wis., Inc. is a business in Clintonville, Wisconsin, in the all other miscellaneous fabricated metal product manufacturing industry (NAICS 332999). The company financed real estate or equipment through an SBA 504 loan of $5,494,000, with First State Bank as the lender and WBD, Inc. as the certified development company, and the loan was approved on August 17, 2026.
SBA 504 loan, approved Aug 17, 2026
$5,494,000 SBA portionCDC: WBD, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $5,494,000
- Bank portion
- $7,821,366
- Estimated project size
- $14,794,851 (estimated)
- Estimated owner equity
- $1,479,485 (estimated, about 10% of the project)
- Bank lender
- First State Bank, New London, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 17, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 332999, All Other Miscellaneous Fabricated Metal Product Manufacturing
- Project location
- Waupaca County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-8
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 91% of expansion loans in All Other Miscellaneous Fabricated Metal Product Manufacturing on this site.
- Average expansion loan in All Other Miscellaneous Fabricated Metal Product Manufacturing: $2,573,206.
- 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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