Patten Investments LLC
Patten Investments LLC is a fine arts school located in Cottage Grove, Wisconsin, in the NAICS category for fine arts schools. The company financed real estate or equipment through an SBA 504 loan of $1,133,000, approved on February 16, 2024, through One Community Bank with WBD, Inc. as the certified development company.
SBA 504 loan, approved Feb 16, 2024
$1,133,000 SBA portionCDC: WBD, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,133,000
- Bank portion
- $1,353,000
- Estimated project size
- $2,762,222 (estimated)
- Estimated owner equity
- $276,222 (estimated, about 10% of the project)
- Bank lender
- One Community Bank, Oregon, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 16, 2049 (estimated, approval date plus term)
- First disbursement
- Dec 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 611610, Fine Arts Schools
- Project location
- Dane County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Fine Arts Schools: $1,217,833.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Wisconsin
- Art and Soles, LLC, La Pointe
- Anita's Dance Center, Inc., New Berlin