Eleven Star Hospitality LLC
Eleven Star Hospitality LLC, located in Baldwin, Wisconsin, operates in the hotels (except casino hotels) and motels industry, with NAICS code 721110. The company financed real estate or equipment through an SBA 504 loan of $1,598,000 approved on May 16, 2024, provided through Royal Credit Union with WBD, Inc. as the Certified Development Company.
SBA 504 loan, approved May 16, 2024
$1,598,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,598,000
- Bank portion
- $2,231,000
- Estimated project size
- $4,254,444 (estimated)
- Estimated owner equity
- $425,444 (estimated, about 10% of the project)
- Bank lender
- Royal Credit Union, Eau Claire, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 16, 2049 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- AmericInn by Wyndham
- Project location
- Saint Croix County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-3
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 23% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
- Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
- 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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Same industry in Wisconsin
- AmericInn by Wyndham Manitowoc, Manitowoc
- ARK Marinette Properties LLC, Marinette
- Zian NL Hospitality LLC, New London
- DoubleTree by Hilton Hotel Milwaukee-Brookfield, Brookfield
- Spring Brook Resort, Wisconsin Dells
- Quality Inn & Suites - East Troy, East Troy
- SN Hospitality LLC, Johnson Creek
- Days Inn Wausau, Wausau