Viper Engineering & Manufacturing LLC
Viper Engineering & Manufacturing LLC is located in Lodi, WI, and the SBA lists its industry as Food Product Machinery Manufacturing. It was approved for an SBA 7(a) loan of $3,053,000 for a change of ownership on May 27, 2025. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved May 27, 2025
- Gross approval
- $3,053,000
- SBA-guaranteed amount
- $2,289,750 (75% of the approval)
- Lender
- Lake Ridge Bank, Middleton, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, fixed
- Term
- 9 years, 11 months (119 months)
- Estimated maturity
- April 27, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $38,055 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 333241, Food Product Machinery Manufacturing
- Project location
- Columbia County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Food Product Machinery Manufacturing: $1,393,500.
- 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.
SBA 7(a) loan, change of ownership, approved May 27, 2025
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- Lake Ridge Bank, Middleton, WI
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 8.5%, variable
- Term
- 9 years, 11 months (119 months)
- Estimated maturity
- April 27, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,232 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 333241, Food Product Machinery Manufacturing
- Project location
- Columbia County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Food Product Machinery Manufacturing: $1,393,500.
- 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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