SBA 504 Loan

Following nearly 10 years of building clientele, advancing the practice, and leasing space, Dr. Sally Brown and her daughter, Dr. Tera Pfarr, purchased a 6,000-sf building to expand the business operations of Brown Family Chiropractic in the Village of Mount Pleasant

Creative Welding & Fabrication previously leased most of the space at 120 Industrial Drive in Burlington. After learning about the U.S. Small Business Administration’s (SBA) 504 program, owners Roger Baumeister and Jeremy Uhlenhake decided to purchase the building, which allowed them to expand operations and begin collecting rent from existing tenants.

Asphalt Contractors Inc. (ACI), owned by Robert, Robert Jr. and Peter Kordus, a once primary sealcoating operation, recently evolved into the largest company of its kind in Southeast Wisconsin – using the SBA 504 loan program

According to a BLP report, the financial team saw an increase of 200% in total projects and a 110% increase in total project investment. The majority of projects that BLP assisted with in 2020 were real estate, restaurants and manufacturing.

When Low Daily Brewery owners, Tim and Claire Sullivan moved from the Pacific Northwest to Burlington, RCEDC provided development assistance in a variety of capacities, including local and state incentive as well as an SBA 504 loan for building renovations and equipment purchasing.

The U.S. Small Business Administration (SBA) visited the Village of Mount Pleasant’s O&H Bakery on Wednesday to award owner, Eric Oleson the 2020 Jeffrey Butland Wisconsin Family-Owned Business of the Year.

Boasting record-low interest rates fixed for 25 years, the Small Business Administration (SBA) 504 program remains a great financing tool for growing businesses. Aaron and Jennifer Sloma, co-owners of Parker John’s BBQ & Pizza took advantage of the program and introduced another Wisconsin location to their expanding portfolio.

In this edition of the Quarterly BLP Update, you will learn more about the SBA 504 Program, hear from businesses and banking partners who benefited from our programs, and discover the community loans and grant relief programs we’ve been administering to local businesses.

Community State Bank Senior Vice President, Steve Donovan and Market President, Nick Borth interview President of…

Vivek Vasudeva (Vick) raised iDental to such an extraordinary level of success, he needed to expand operations. With the help of the U.S. Small Business Administration 504 loan program through Business Lending Partners (BLP) and Town Bank, Vasudeva purchased the building he was leasing at 1320 S Green Bay Rd in Mount Pleasant, Wis.