Milwaukee Pretzel Company, LLC
Milwaukee Pretzel Company, LLC is a food service contractor located in Milwaukee, Wisconsin, in the NAICS 722310 industry. The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $1,842,000, approved through WBD, Inc. and BMO Bank National Association on February 2, 2024.
SBA 504 loan, approved Feb 2, 2024
$1,842,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,842,000
- Bank portion
- $2,200,000
- Estimated project size
- $4,491,111 (estimated)
- Estimated owner equity
- $449,111 (estimated, about 10% of the project)
- Bank lender
- BMO Bank National Association, Chicago, IL
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 2, 2049 (estimated, approval date plus term)
- First disbursement
- Jun 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 722310, Food Service Contractors
- Project location
- Milwaukee County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 61% of expansion loans in Food Service Contractors on this site.
- Average expansion loan in Food Service Contractors: $2,097,444.
- 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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