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Ruzga & Son, LLC

Pewaukee, WI · All Other Specialty Trade Contractors · NAICS 238990

Ruzga & Son, LLC is a business in Pewaukee, Wisconsin, in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership of $1.8 million, approved on July 17, 2024, through Old National Bank.

SBA 7(a) loan, change of ownership, approved Jul 17, 2024

$1,778,700 approvedLender: Old National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,778,700
SBA-guaranteed amount
$1,334,025 (75% of the approval)
Lender
Old National Bank, Evansville, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.5%, fixed
Term
10 years (120 months)
Estimated maturity
July 17, 2034 (estimated, approval date plus term)
Estimated monthly payment
$21,113 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 30, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Waukesha County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 57% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • Average acquisition loan in Wisconsin: $1,729,230.

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