Rapids Holdings, LLC
Rapids Holdings, LLC, located in Wisconsin Rapids, WI, operates in the New Car Dealers industry (NAICS 441110). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,290,000, approved on June 29, 2026, through Forward Bank with WBD, Inc. as the certified development company, and the loan has not yet been funded.
SBA 504 loan, approved Jun 29, 2026
$2,290,000 SBA portionCDC: WBD, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,290,000
- Bank portion
- $2,785,000
- Estimated project size
- $5,638,889 (estimated)
- Estimated owner equity
- $563,889 (estimated, about 10% of the project)
- Bank lender
- Forward Bank, Marshfield, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 29, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 45
- Business type
- Corporation
- NAICS
- 441110, New Car Dealers
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Project location
- Wood County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 42% of expansion loans in New Car Dealers on this site.
- Average expansion loan in New Car Dealers: $3,138,111.
- 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
- Don Larson Ford, Baraboo