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PGS Norcine Investments LLC

Town of Norway, WI · Site Preparation Contractors · NAICS 238910

PGS Norcine Investments LLC, located in the Town of Norway, Wisconsin, operates in site preparation contractors (NAICS 238910). The company financed real estate or equipment through an SBA 504 loan of $1,793,000, with First Citizens State Bank as the lender and WBD, Inc. as the certified development company, approved on August 4, 2025.

SBA 504 loan, approved Aug 4, 2025

$1,793,000 SBA portionCDC: WBD, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,793,000
Bank portion
$1,923,300
Estimated project size
$4,129,222 (estimated)
Estimated owner equity
$412,922 (estimated, about 10% of the project)
Bank lender
First Citizens State Bank, Whitewater, WI
CDC
WBD, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 4, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
8
Business type
Corporation
NAICS
238910, Site Preparation Contractors
Project location
Racine County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-1
Collateral
Yes

Estimated share of project by source

Bank 47% SBA (CDC) 43% Owner 10%

  • Larger than 53% of expansion loans in Site Preparation Contractors on this site.
  • Average expansion loan in Site Preparation Contractors: $1,883,067.
  • 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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Same industry in Wisconsin