Wisconsin Metal Tech, Inc.
Wisconsin Metal Tech, Inc. is an iron and steel pipe and tube manufacturer from purchased steel located in Richfield, WI. The company was financed with an SBA 7(a) loan for a change of ownership, with a $2.8 million loan approved on November 24, 2025 through Town Bank, National Association. A second SBA 7(a) loan of $1.0 million was approved on December 22, 2025 through the same lender for a change of ownership.
SBA 7(a) loan, change of ownership, approved Dec 22, 2025
$1,000,000 approvedLender: Town Bank, National Association1 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,000,000
- SBA-guaranteed amount
- $750,000 (75% of the approval)
- Lender
- Town Bank, National Association, Hartland, WI
- Processing method
- CAPLine: revolving working capital line of credit
- Initial interest rate
- 5.75%, variable
- Term
- 1 year (12 months)
- Estimated maturity
- December 22, 2026 (estimated, approval date plus term)
- Estimated monthly payment
- $85,952 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 34
- Business type
- Corporation
- NAICS
- 331210, Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
- Project location
- Washington 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
- Yes
- Average acquisition loan in Iron and Steel Pipe and Tube Manufacturing from Purchased Steel: $1,828,125.
- 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.
SBA 7(a) loan, change of ownership, approved Nov 24, 2025
$2,800,000 approvedLender: Town Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,800,000
- SBA-guaranteed amount
- $2,100,000 (75% of the approval)
- Lender
- Town Bank, National Association, Hartland, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 5.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 24, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $30,735 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 34
- Business type
- Corporation
- NAICS
- 331210, Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
- Project location
- Washington 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)
- Average acquisition loan in Iron and Steel Pipe and Tube Manufacturing from Purchased Steel: $1,828,125.
- 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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