New Morning Coffee Roasters, Inc.
New Morning Coffee Roasters, Inc. is a coffee and tea manufacturing business in Appleton, Wisconsin. It financed real estate or equipment through an SBA 504 loan of $1,584,000, approved on December 3, 2024, through The Bank of Kaukauna with WBD, Inc. as the certified development company.
SBA 504 loan, approved Dec 3, 2024
$1,584,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,584,000
- Bank portion
- $1,935,000
- Estimated project size
- $3,910,000 (estimated)
- Estimated owner equity
- $391,000 (estimated, about 10% of the project)
- Bank lender
- The Bank of Kaukauna, Kaukauna, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 3, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 311920, Coffee and Tea Manufacturing
- Project location
- Outagamie 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 Coffee and Tea Manufacturing: $1,425,000.
- 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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