Del Verde Legacy LLC
Del Verde Legacy LLC is a floor covering retailer in Delavan, Wisconsin, listed under NAICS code 449121. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,611,000, with Waukesha State Bank as the lender and an approval date of March 31, 2026.
SBA 7(a) loan, change of ownership, approved Mar 31, 2026
$1,611,000 approvedLender: Waukesha State Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,611,000
- SBA-guaranteed amount
- $1,208,250 (75% of the approval)
- Lender
- Waukesha State Bank, Waukesha, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 31, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $20,846 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 449121, Floor Covering Retailers
- Project location
- Walworth County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 48% of acquisition loans in Floor Covering Retailers on this site.
- Average acquisition loan in Floor Covering Retailers: $2,205,596.
- 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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