SBA loans

The following loan guarantees for ventures in southeastern Wisconsin have been approved by the U.S. Small Business Administration during November:

Automated Circuit Technology I, N90 W14739 Commerce Dr., Menomonee Falls 53051, $412,000, InvestorsBank;
Butzen/Durbe, Welding & Fabrication, 3838 Enterprise Dr., Sheboygan 53083, $415,000, Community Bank & Trust;
Camelot Shores, 3101 Eagle Rd., Union Grove 53182, $293,000, Wisconsin Business Development Finance Corp.;
Casey Chiropractic Clinic, 147000 W. National Ave., New Berlin 53151, $389,000, Citizens Bank of Mukwonago;
Lana L. Cernicka and Larry’s Auto, N56 W13920 Silver Spring Dr., Menomonee Falls 53051, $630,000, Wisconsin Community Bank;
Clerc’s Pine Street Café, 150 W. Pine St., Burlington 53105, $30,000, First Banking Center;
EPM, 1213 N. Glenwood Circle,
West Bend 53090, $76,688, St. Francis Capital Corp.;
Falls Pit Stop Pizza, 1000 Fond du Lac Ave., Sheboygan Falls 53085, $31,000 Community Bank & Trust;
Johnny’s, 1129 S. 8th St.,
Sheboygan 53081, $217,000,
Community Bank & Trust;
Johnson Wood Products, W2795 Hwy. N. Plymouth 53073, $50,000, M&I Marshall & Ilsley Bank;
Kaps Siding Service, 710 Union Ave., Sheboygan 53081, $80,000,
Associated Bank;
Kirkwood Holdings, 616 W.
Oakwood Rd., Oak Creek 53154, $300,000, Milwaukee Western Bank;
Quizno’s-Moorland, Moorland Commons, New Berlin 53151, $150,000, Community Bank & Trust;
RILC, 1400 S. Grand Ave., Waukesha 53186, $600,000, Waukesha State Bank;
Serpro of Milwaukee North, N114 W18605 Clinton Dr.,
Germantown 53022, $150,000, M&I Marshall & Ilsley Bank;
Seven Stones Center for Wellness, 1910 & 1924 N. Farwell Ave., Milwaukee 53202, $90,000, Park Bank;
Sheila’s Town Fryer Restaurant, 116 N. Main St., Burlington 53105, $150,000, First Banking Center;
Roger Stevens Corp., 428 E.
Wisconsin Ave., Milwaukee 53202, $138,500, Bank One;
Stockade Restaurant & Pub,
I-94, Delafield 53018, $538,000, Wisconsin Business Development Finance Corp.;
Sussex General Rental Center, N70 W25156 Indian Grass Ln.,
Sussex 53089, $70,000, First Bank
Financial Centre;
TNS Transmissions, 4004 S.
Kinnickinnic Ave., St. Francis 53225, $65,000, State Financial Bank;
Triumph Transport, 5005 S. 6th St., Milwaukee 53221, $150,000, Citizens Bank of Mukwonago;
Williamson Family Dentistry, 119 S. Silver Lake St., Oconomowoc 53066, $402,865, Fist Bank
Financial Centre;
Wisconsin Towing And Auto Service, 223 W. Grand Ave., Port Washington 53080, $22,000, Port
Washington State Bank;
Wood By Design, 5139 W. Clinton Ave., Milwaukee 53233, $162,000,
Wells Fargo Bank.
Industrial Revenue Bonding
Three southeastern Wisconsin companies are planning expansions that will partly
be financed through Industrial Revenue Bonding, according to the state Department of Commerce. The expansions are expected to lead to the creation of 59
new jobs. The projects are:
Badger Color Concentrates, Inc., Mukwonago, $2.3 million –
The company produces color concentrates for the plastics industry. It will construct and equip a 49,960-square-foot manufacturing facility. The project is expected to retain 25 jobs and create 42 jobs over the next three years at an average wage of $13.71/hour. The total project cost is $4.1 million.
Cost of Wisconsin, Inc., Town of Polk, Washington County, $3.5 million – This design/builder specializes in the fabrication, manufacturing and field installation of a variety of simulated environments in venues such as casinos, zoos, and museums. The company will acquire and equip a vacant 100,000-square-foot manufacturing facility. The project is expected to retain 51 jobs and create 10 jobs over the next three years at an average wage of $16.38/hour. The total project cost is $4,025,000.
Rytec Corp., Jackson, $1. 5 million – Rytec Corp. manufactures high-speed rolling and folding doors for the industrial, commercial and cold storage markets. Made of a flexible, durable fabric, these doors are available in a variety of roll-up or folding styles. The company will construct and equip a 29,000-square-foot addition to its existing plant. The project will retain 67 jobs and create seven jobs over the next three years at an average wage of $15.00/hour. The total project cost is $2,558,000.

Jan. 4, 2002 Small Business Times, Milwaukee

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