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High Caliber Fab LLC

Kiel, WI · All Other Miscellaneous Fabricated Metal Product Manufacturing · NAICS 332999

High Caliber Fab LLC is located in Kiel, WI, and the SBA lists its industry as All Other Miscellaneous Fabricated Metal Product Manufacturing. It was approved for an SBA 7(a) loan of $729,000 for a change of ownership on June 16, 2024.

SBA 7(a) loan, change of ownership, approved Jun 16, 2024

Gross approval
$729,000
SBA-guaranteed amount
$546,750 (75% of the approval)
Lender
Oostburg State Bank, Oostburg, WI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.45%, fixed
Term
25 years (300 months)
Estimated maturity
June 16, 2049 (estimated, approval date plus term)
Estimated monthly payment
$5,364 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 20, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
332999, All Other Miscellaneous Fabricated Metal Product Manufacturing
Project location
Manitowoc 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)

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