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X-Gen Acquisitions, LLC

Withee, WI · All Other Specialty Trade Contractors · NAICS 238990

X-Gen Acquisitions, LLC is a business located in Withee, Wisconsin, in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $745,400, with Old National Bank as the lender and approval dated March 22, 2024.

SBA 7(a) loan, change of ownership, approved Mar 22, 2024

$745,400 approvedLender: Old National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$745,400
SBA-guaranteed amount
$559,050 (75% of the approval)
Lender
Old National Bank, Evansville, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.1%, fixed
Term
25 years (300 months)
Estimated maturity
March 22, 2049 (estimated, approval date plus term)
Estimated monthly payment
$5,316 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
13
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Clark County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 21% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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