SBA lending record
QUILT ELEMENTS LLC
222 MAIN ST W, Ashland, WI 54806 · Sewing, Needlework, and Piece Goods Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$212K
Total SBA financing
2
Loans on record
FY2023
On record
7
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$177,000 — FY2023
Loan 1 of 2- Gross approval
- $177,000
- SBA guaranteed
- $132,750 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/9/2023
- First disbursement
- 2/6/2023
- Days to fund
- 28 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Sewing, Needlework, and Piece Goods Retailers
- NAICS code
- 459130
- Address
- 222 MAIN ST W
- City
- Ashland, 54806
- County
- Ashland
- SBA district office
- WISCONSIN DISTRICT OFFICE
- Congressional district
- 7
$35,000 — FY2023
Loan 2 of 2- Gross approval
- $35,000
- SBA guaranteed
- $29,750 (85%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/31/2023
- First disbursement
- 2/7/2023
- Days to fund
- 7 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Sewing, Needlework, and Piece Goods Retailers
- NAICS code
- 459130
- Lender
- Celtic Bank Corporation
- Address
- 303 Main St W
- City
- Ashland, 54806
- County
- Ashland
- SBA district office
- WISCONSIN DISTRICT OFFICE
- Congressional district
- 7
The lenders
Newtek Small Business Finance, Inc.
1 loan to this businessCeltic Bank Corporation
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding sewing, needlework, and piece goods retailers — by location, industry.
Similar businesses
Comparable sewing, needlework, and piece goods retailers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
S & D Grygiel Inc.
Maple Grove, MN· ~160 mi
Sewing, Needlework, and Piece Goods Retailers
- $235K
- SBA financing
- ≈ $460K–$767K
- Est. revenue (rough)
SEW N SEW, INC.
Waupaca, WI· ~177 mi
Sewing, Needlework, and Piece Goods Retailers
- $135K
- SBA financing
- ≈ $265K–$441K
- Est. revenue (rough)
Baker Bones LLC
Minneapolis, MN· ~163 mi
Sewing, Needlework, and Piece Goods Retailers
- $80K
- SBA financing
- ≈ $157K–$261K
- Est. revenue (rough)
ArtPOPquilts
Hinckley, MN· ~109 mi
Sewing, Needlework, and Piece Goods Retailers
- $44K
- SBA financing
- ≈ $86K–$144K
- Est. revenue (rough)
FARM GIRL DRY GOODS LLC
Lonsdale, MN· ~189 mi
Sewing, Needlework, and Piece Goods Retailers
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Open Studio Sewing LLC
Minneapolis, MN· ~164 mi
Sewing, Needlework, and Piece Goods Retailers
- $45K
- SBA financing
- ≈ $88K–$147K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for QUILT ELEMENTS LLC in Ashland, WI (Sewing, Needlework, and Piece Goods Retailers). 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.
- 2 SBA 7(a) loans totaling $212K
- On record FY2023
- 7 jobs supported
- Industry: Sewing, Needlework, and Piece Goods Retailers
- Location: Ashland, WI
- Lenders: Newtek Small Business Finance, Inc., Celtic Bank Corporation
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Sewing, Needlework, and Piece Goods Retailers businesses in WI for ~$106k 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 2026-06-17.
- 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 QUILT ELEMENTS LLC.