Main Street Registry

Urbancraftsman Holdings LLC

Three Lakes, WI · Drinking Places (Alcoholic Beverages) · NAICS 722410

Urbancraftsman Holdings LLC, located in Three Lakes, Wisconsin, operates in the drinking places (alcoholic beverages) industry. The company was financed with an SBA 7(a) loan for a change of ownership of $890,000, approved on February 16, 2024, by Nicolet National Bank.

SBA 7(a) loan, change of ownership, approved Feb 16, 2024

$890,000 approvedLender: Nicolet National Bank20 years termPaid in fullLoan details
Gross approval
$890,000
SBA-guaranteed amount
$667,500 (75% of the approval)
Lender
Nicolet National Bank, Green Bay, WI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.15%, fixed
Term
20 years (240 months)
Estimated maturity
February 16, 2044 (estimated, approval date plus term)
Estimated monthly payment
$7,528 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 28, 2024
Loan status
Paid in full
Jobs supported
12
Business type
Corporation
NAICS
722410, Drinking Places (Alcoholic Beverages)
Project location
Oneida County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 54% of acquisition loans in Drinking Places (Alcoholic Beverages) on this site.
  • Average acquisition loan in Drinking Places (Alcoholic Beverages): $1,078,366.
  • 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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Same industry in Wisconsin