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Vole Productions LLC

Kenosha, WI · Full-Service Restaurants · NAICS 722511

Vole Productions LLC is a full-service restaurant located in Kenosha, Wisconsin. The company was financed with an SBA 7(a) loan for a change of ownership of $1,466,400, approved on February 9, 2024, by 22nd State Bank, A Division of 22nd State Banking Company.

SBA 7(a) loan, change of ownership, approved Feb 9, 2024

$1,466,400 approvedLender: 22nd State Bank, A Division of 22nd State Banking Company15 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,466,400
SBA-guaranteed amount
$1,099,800 (75% of the approval)
Lender
22nd State Bank, A Division of 22nd State Banking Company, Mobile, AL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.5%, variable
Term
15 years (180 months)
Estimated maturity
February 9, 2039 (estimated, approval date plus term)
Estimated monthly payment
$17,130 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
40
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Kenosha County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 72% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • 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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