J&H Enterprises, LLC
J&H Enterprises, LLC is an iron and steel forging business located in Manitowoc, Wisconsin, in the NAICS 332111 industry. The company financed real estate or equipment through an SBA 504 loan of $1,525,000, approved on March 10, 2026, with Cleveland State Bank as the lender and Racine County Economic Development Corporation as the certified development company.
SBA 504 loan, approved Mar 10, 2026
$1,525,000 SBA portionCDC: Racine County Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,525,000
- Bank portion
- $1,858,250
- Estimated project size
- $3,759,167 (estimated)
- Estimated owner equity
- $375,917 (estimated, about 10% of the project)
- Bank lender
- Cleveland State Bank, Cleveland, WI
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- March 10, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 332111, Iron and Steel Forging
- Project location
- Manitowoc County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Iron and Steel Forging: $2,205,800.
- 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
- W.E. Hoban Company, Green Bay