DC True Footwear, Inc.
DC True Footwear, Inc., located in Green Bay, Wisconsin, operates in the shoe retailers industry (NAICS 458210). The company was financed with an SBA 7(a) loan for a change of ownership, totaling $1,003,000, approved on September 19, 2025 through First Bank of the Lake.
SBA 7(a) loan, change of ownership, approved Sep 19, 2025
$1,003,000 approvedLender: First Bank of the Lake10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,003,000
- SBA-guaranteed amount
- $752,250 (75% of the approval)
- Lender
- First Bank of the Lake, Osage Beach, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 19, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,979 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 20, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 458210, Shoe Retailers
- Project location
- Brown County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Shoe Retailers on this site.
- Average acquisition loan in Shoe Retailers: $1,132,514.
- 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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