Culver's of Menomonie
Culver's of Menomonie is a limited-service restaurant business in Menomonie, Wisconsin, classified under NAICS 722513 (Limited-Service Restaurants) and operating as a Culver's franchise. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,369,000, approved on September 17, 2025, through Dairy State Bank with WBD, Inc. as the certified development company.
SBA 504 loan, approved Sep 17, 2025
$2,369,000 SBA portionCDC: WBD, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,369,000
- Bank portion
- $2,895,000
- Estimated project size
- $5,848,889 (estimated)
- Estimated owner equity
- $584,889 (estimated, about 10% of the project)
- Bank lender
- Dairy State Bank, Rice Lake, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 17, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Franchise
- Culver's
- Project location
- Dunn County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 91% of expansion loans in Limited-Service Restaurants on this site.
- Average expansion loan in Limited-Service Restaurants: $1,507,672.
- 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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