El Sarape LLC
El Sarape LLC is located in Green Bay, WI, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 504 loan ($1,509,000 SBA portion) on March 18, 2024 to finance real estate or equipment.
SBA 504 loan, approved Mar 18, 2024
- SBA (CDC) portion
- $1,509,000
- Bank portion
- $1,609,500
- Estimated project size
- $3,465,000 (estimated)
- Estimated owner equity
- $346,500 (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
- March 18, 2049 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Brown County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-8
- Collateral
- Yes
Estimated share of project by source
Bank 46% SBA (CDC) 44% Owner 10%
- Larger than 51% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- 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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