Sycamore Lodge Senior Living, LLC
Sycamore Lodge Senior Living, LLC is a business in Mishicot, Wisconsin, in the assisted living facilities for the elderly industry (NAICS 623312). The company financed real estate or equipment through an SBA 504 loan of $1,130,000, with Bank First, N.A. as the lender and WBD, Inc. as the certified development company, with approval dated May 30, 2025.
SBA 504 loan, approved May 30, 2025
$1,130,000 SBA portionCDC: WBD, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,130,000
- Bank portion
- $1,576,500
- Estimated project size
- $3,007,222 (estimated)
- Estimated owner equity
- $300,722 (estimated, about 10% of the project)
- Bank lender
- Bank First, N.A., Manitowoc, WI
- CDC
- WBD, Inc.
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 30, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Manitowoc County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-6
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 9% of expansion loans in Assisted Living Facilities for the Elderly on this site.
- Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
- 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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