Herr Septic & Sewer, Inc.
Herr Septic & Sewer, Inc. is a site preparation contractor located in Oconomowoc, Wisconsin, classified under NAICS 238910. The company was financed with an SBA 7(a) loan for a change of ownership of $1,357,000, approved on December 1, 2025, through Ixonia Bank.
SBA 7(a) loan, change of ownership, approved Dec 1, 2025
$1,357,000 approvedLender: Ixonia Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,357,000
- SBA-guaranteed amount
- $1,017,750 (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
- 6.375%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 1, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $15,322 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Waukesha 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 38% of acquisition loans in Site Preparation Contractors on this site.
- Average acquisition loan in Site Preparation Contractors: $1,877,202.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Wisconsin
- TB Excavating & Grading LLC, Waukesha
- PGS Norcine Investments LLC, Town of Norway