K. Wiggin Building, LLC
K. Wiggin Building, LLC is located in Nantucket, MA, and the SBA lists its industry as New Single-Family Housing Construction (except For-Sale Builders). It was approved for an SBA 504 loan ($1,153,000 SBA portion) on July 29, 2026 to finance real estate or equipment.
SBA 504 loan, approved Jul 29, 2026
- SBA (CDC) portion
- $1,153,000
- Bank portion
- $1,400,000
- Estimated project size
- $2,836,667 (estimated)
- Estimated owner equity
- $283,667 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 29, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 236115, New Single-Family Housing Construction (except For-Sale Builders)
- Project location
- Nantucket County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-9
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 30% of expansion loans in New Single-Family Housing Construction (except For-Sale Builders) on this site.
- Average expansion loan in New Single-Family Housing Construction (except For-Sale Builders): $1,511,043.
- Average expansion loan in Massachusetts: $2,009,683.
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.