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TS Food Packaging

Burlington, WI · Other Snack Food Manufacturing · NAICS 311919

TS Food Packaging is an other snack food manufacturing business in Burlington, Wisconsin, classified under NAICS 311919. The business financed real estate or equipment through an SBA 504 loan of $5,246,000, with Greenwoods Financial Group, Inc. as the lender and Racine County Economic Development Corporation as the certified development company, with approval dated July 28, 2025.

SBA 504 loan, approved Jul 28, 2025

$5,246,000 SBA portionCDC: Racine County Economic Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$5,246,000
Bank portion
$6,462,751
Estimated project size
$13,009,723 (estimated)
Estimated owner equity
$1,300,972 (estimated, about 10% of the project)
Bank lender
Greenwoods Financial Group, Inc., Lake Mills, WI
CDC
Racine County Economic Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
July 28, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
30
Business type
Corporation
NAICS
311919, Other Snack Food Manufacturing
Project location
Racine County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-1
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Average expansion loan in Other Snack Food Manufacturing: $2,535,429.
  • 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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