LJK Real Estate Holdings, LLC
LJK Real Estate Holdings, LLC is a sawmill business located in Stetsonville, Wisconsin, classified under NAICS code 321113. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,432,000 on a total project of $3,400,000, with Nicolet National Bank as the lending bank and WBD, Inc. as the certified development company, and the loan was approved on January 24, 2025.
SBA 504 loan, approved Jan 24, 2025
$2,432,000 SBA portionCDC: WBD, Inc.20 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,432,000
- Bank portion
- $3,400,000
- Estimated project size
- $6,480,000 (estimated)
- Estimated owner equity
- $648,000 (estimated, about 10% of the project)
- Bank lender
- Nicolet National Bank, Green Bay, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- January 24, 2045 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 321113, Sawmills
- Project location
- Taylor County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-7
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Average expansion loan in Sawmills: $2,432,000.
- 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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