TB Excavating & Grading LLC
TB Excavating & Grading LLC is located in Waukesha, WI, and the SBA lists its industry as Site Preparation Contractors. It was approved for an SBA 7(a) loan of $742,000 for a change of ownership on September 29, 2026.
SBA 7(a) loan, change of ownership, approved Sep 29, 2026
- Gross approval
- $742,000
- SBA-guaranteed amount
- $556,500 (75% of the approval)
- Lender
- Waukesha State Bank, Waukesha, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,601 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Waukesha County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 13% of acquisition loans in Site Preparation Contractors on this site.
- Average acquisition loan in Site Preparation Contractors: $1,877,202.
- 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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