Great Lakes Transportation Acquisition LLC
Great Lakes Transportation Acquisition LLC, located in Plymouth, Wisconsin, operates in the special needs transportation industry (NAICS 485991). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,120,000, approved by Ixonia Bank with an approval date of May 22, 2026.
SBA 7(a) loan, change of ownership, approved May 22, 2026
$1,120,000 approvedLender: Ixonia Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,120,000
- SBA-guaranteed amount
- $840,000 (75% of the approval)
- Lender
- Ixonia Bank, Ixonia, WI
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 6.72%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 22, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $12,843 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 29, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 485991, Special Needs Transportation
- Project location
- Sheboygan County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in Special Needs Transportation on this site.
- Average acquisition loan in Special Needs Transportation: $1,330,550.
- 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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