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Racine County Economic Develop

Sturtevant, WI 53177

SBA Certified Development Company
238
Loans Approved
$188.7M
Total Volume
$793K
Avg Loan Size
3
States Served

States Served

Top Industries Financed

  • Hotels (except Casino Hotels) and Motels
  • Limited-Service Restaurants
  • Full-Service Restaurants
  • Fitness and Recreational Sports Centers
  • Child Day Care Services

Quick Summary

Racine County Economic Develop is an SBA-certified Certified Development Company (CDC) headquartered in Sturtevant, Wisconsin. Since 2010, they have approved 238 SBA 504 loans totaling $188.7M, with an average loan size of $793K. They serve businesses across 3 states.

About Racine County Economic Develop

Racine County Economic Develop is an SBA-certified Certified Development Company (CDC) headquartered in Sturtevant, Wisconsin. Since 2010, they have approved 238 SBA 504 loans totaling $188.7M, with an average loan size of $793K. They serve businesses across 3 states.

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Frequently Asked Questions

What does Racine County Economic Develop do?

Racine County Economic Develop is an SBA-certified Certified Development Company (CDC) based in Sturtevant, Wisconsin. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Racine County Economic Develop handles the SBA-backed 40% portion of the financing structure.

How many SBA 504 loans has Racine County Economic Develop approved?

According to SBA FOIA public records, Racine County Economic Develop has approved 238 SBA 504 loans totaling $188.7M since 2010. Their average loan size is $793K.

What states does Racine County Economic Develop serve?

Racine County Economic Develop serves businesses in 3 states: Georgia, Michigan, Wisconsin.

How do I apply for an SBA 504 loan through Racine County Economic Develop?

To apply for an SBA 504 loan through Racine County Economic Develop, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.

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