Shell Lake HCC Holdings LLC
Shell Lake HCC Holdings LLC is located in Shell Lake, Wisconsin, and operates in the assisted living facilities for the elderly industry (NAICS 623312). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,652,000, approved in 2026 with Sentry Bank as the bank partner and Midwest Business Finance Corporation as the certified development company.
SBA 504 loan, approved Jun 30, 2026
$1,652,000 SBA portionCDC: Midwest Business Finance Corporation20 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,652,000
- Bank portion
- $2,000,000
- Estimated project size
- $4,057,778 (estimated)
- Estimated owner equity
- $405,778 (estimated, about 10% of the project)
- Bank lender
- Sentry Bank, Saint Joseph, MN
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 20 years (240 months)
- Estimated maturity
- June 30, 2046 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Washburn County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-7
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 46% of expansion loans in Assisted Living Facilities for the Elderly on this site.
- Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
- 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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