D&M Landscape & Snow Removal LLC
D&M Landscape & Snow Removal LLC is a landscaping services business located in Brooklyn, Wisconsin, classified under NAICS code 561730. The company was financed with an SBA 7(a) loan for a change of ownership totaling $712,600, approved on January 2, 2025 by Lake Ridge Bank.
SBA 7(a) loan, change of ownership, approved Jan 2, 2025
$712,600 approvedLender: Lake Ridge Bank119 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $712,600
- SBA-guaranteed amount
- $534,450 (75% of the approval)
- Lender
- Lake Ridge Bank, Middleton, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, fixed
- Term
- 9 years, 11 months (119 months)
- Estimated maturity
- December 2, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,170 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 3, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 53
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Dane County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 16% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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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