SBA lending record
Hi-Lite Machine Company
2014 North 44th Street, Sheboygan, WI 53083 · Other Industrial Machinery Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$871K
Total SBA financing
3
Loans on record
FY2020–21
On record
21
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 3 loans
$67,600 — FY2021
Loan 1 of 3- Gross approval
- $67,600
- SBA guaranteed
- $60,840 (90%)
- Status
- Current
- Rate at approval
- 5.5% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/5/2021
- First disbursement
- 2/28/2021
- Days to fund
- 23 days
- Collateral
- Required
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Machine Tool Manufacturing
- NAICS code
- 333517
- Lender
- Oostburg State Bank
- Address
- 905 Center Avenue
- City
- Oostburg, 53070
- County
- Sheboygan
- SBA district office
- WISCONSIN DISTRICT OFFICE
- Congressional district
- 6
$250,000 — FY2020
Loan 2 of 3- Gross approval
- $250,000
- SBA guaranteed
- $125,000 (50%)
- Status
- Current
- Rate at approval
- 6.5% v
- Term
- 179 mo (15 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/30/2019
- First disbursement
- 10/31/2019
- Days to fund
- 1 days
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Industrial Machinery Manufacturing
- NAICS code
- 333249
- Lender
- Oostburg State Bank
- Address
- 2014 North 44th Street
- City
- Sheboygan, 53083
- County
- Sheboygan
- SBA district office
- WISCONSIN DISTRICT OFFICE
- Congressional district
- 6
$553,500 — FY2020
Loan 3 of 3- Gross approval
- $553,500
- SBA guaranteed
- $415,125 (75%)
- Status
- Current
- Rate at approval
- 5.5% v
- Term
- 181 mo (15 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 12/4/2019
- First disbursement
- 1/28/2020
- Days to fund
- 55 days
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Other Industrial Machinery Manufacturing
- NAICS code
- 333249
- Lender
- Oostburg State Bank
- Address
- 2014 North 44th Street
- City
- Sheboygan, 53083
- County
- Sheboygan
- SBA district office
- WISCONSIN DISTRICT OFFICE
- Congressional district
- 6
The lender
Find SBA lenders for businesses like this
The banks most active funding other industrial machinery manufacturing — by location, industry.
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Agent summary
This page summarizes the public SBA 7(a) lending record for Hi-Lite Machine Company in Sheboygan, WI (Other Industrial Machinery Manufacturing). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 3 SBA 7(a) loans totaling $871K
- On record FY2020–21
- 21 jobs supported
- Industry: Other Industrial Machinery Manufacturing
- Location: Sheboygan, WI
- Lender: Oostburg State Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Industrial Machinery Manufacturing businesses in WI for ~$290k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Hi-Lite Machine Company.