Ray's Wine & Spirits
Ray's Wine & Spirits is located in Mequon, WI, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 504 loan ($1,499,000 SBA portion) on September 21, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Sep 21, 2024 | $1,499,000 | $1,831,000 | $3,700,000 (estimated) | North Shore Bank | WBD, Inc. | 25 years | 12 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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