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SML Properties of Wisconsin, LLC

Appleton, WI · All Other Professional, Scientific, and Technical Services · NAICS 541990

SML Properties of Wisconsin, LLC is a business in Appleton, Wisconsin, in the all other professional, scientific, and technical services industry (NAICS 541990). The company was financed with an SBA 7(a) loan for a change of ownership of $1,003,700, with Old National Bank as the lender and approval dated August 27, 2024.

SBA 7(a) loan, change of ownership, approved Aug 27, 2024

$1,003,700 approvedLender: Old National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,003,700
SBA-guaranteed amount
$752,775 (75% of the approval)
Lender
Old National Bank, Evansville, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.45%, fixed
Term
25 years (300 months)
Estimated maturity
August 27, 2049 (estimated, approval date plus term)
Estimated monthly payment
$7,385 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 6, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
541990, All Other Professional, Scientific, and Technical Services
Project location
Outagamie County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-08
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 38% of acquisition loans in All Other Professional, Scientific, and Technical Services on this site.
  • Average acquisition loan in All Other Professional, Scientific, and Technical Services: $1,682,572.
  • 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