Wisco Wood Products LLC
Wisco Wood Products LLC, located in Two Rivers, Wisconsin, operates in hardwood veneer and plywood manufacturing (NAICS 321211). The company was financed with an SBA 7(a) loan for a change of ownership of $1.167 million, approved on January 23, 2025 by Nicolet National Bank.
SBA 7(a) loan, change of ownership, approved Jan 23, 2025
$1,167,000 approvedLender: Nicolet National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,167,000
- SBA-guaranteed amount
- $875,250 (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
- 7.75%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- January 23, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,005 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 321211, Hardwood Veneer and Plywood Manufacturing
- Project location
- Manitowoc County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Hardwood Veneer and Plywood Manufacturing: $2,241,000.
- 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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