Bridgewood Holdings of Neenah, LLC
Bridgewood Holdings of Neenah, LLC is a hotel business in Neenah, Wisconsin, classified under the NAICS industry for hotels (except casino hotels) and motels. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,803,000, approved on June 12, 2024, through Nicolet National Bank and the certified development company WBD, Inc.
SBA 504 loan, approved Jun 12, 2024
$2,803,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,803,000
- Bank portion
- $3,918,000
- Estimated project size
- $7,467,778 (estimated)
- Estimated owner equity
- $746,778 (estimated, about 10% of the project)
- Bank lender
- Nicolet National Bank, Green Bay, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 12, 2049 (estimated, approval date plus term)
- First disbursement
- Dec 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
- Project location
- Winnebago County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-6
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 55% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
- Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
- 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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