Retail & Shops · lender intelligence

How to finance a Hardware Hank in Wisconsin

State:

Minnesota (4)Montana (1)North Dakota (1)

The SBA 7(a) lenders funding the most Hardware Hank deals in Wisconsin, from public loan records — typical Hardware Hank loan about $795K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Hardware Hank in Wisconsin

$1.33M

Typical loan

range $795K–$1.75M

$1.48M

Est. purchase price

≈ loan ÷ 90%

$202,641

Cash to close

$147,778 down + fees

$17,210/mo

Typical payment

~9.5% · 10yr

$237,498/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

20 days

Typical time to fund

Lenders competing

more = leverage

7.5%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with Hardware Hank in Wisconsin

Ranked by funded Hardware Hank loans in Wisconsin. Tap a lender for its full record, or hit Get in touch for an introduction.

1.16 loans · $18M · Chicago, ILFull record →
2.1,025 loans · $292M · Berkeley Heights, NJFull record →
3.15 loans · $10M · Grand Forks, NDFull record →

3+ funded Hardware Hank in Wisconsin deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Northwoods Hardware Plus LLC in Spooner, WI — $1.3M (2024) · purchase · Alerus Financial, National Association
Program
Preferred Lenders Program
Rate at approval
8.5% variable
Term
240 mo (20 yrs)
SBA guaranteed
$998K (75%)
Approval → funding
46 days
Approved
1/27/2024
First disbursed
3/13/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
12
Business age
Change of Ownership
Industry
Hardware Retailers
If you were the buyer here
Est. deal size
$1.5M
Est. down payment (10%)
$148K
Est. cash at closing
$203K
Monthly payment
$11,542
Annual debt service
$139K
Cash flow needed (1.25×)
$173K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Alerus Financial, National Association · Lender record →
Your business? Claim this record · Request removal
Solon Springs Mercantile LLC in Solon Springs, WI — $1.8M (2023) · Readycap Lending, LLC
Program
Preferred Lenders Program
Rate at approval
8.75% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.3M (75%)
Approval → funding
20 days
Approved
10/18/2022
First disbursed
11/7/2022
Loan status
In workout — SBA bought the guarantee
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
6
Business age
Startup, Loan Funds will Open Business
Industry
Home Centers
Funded by Readycap Lending, LLC · Lender record →
Your business? Claim this record · Request removal
Everyday Hometown LLC in Waupaca, WI — $795K (2021) · BMO Bank National Association
Program
Preferred Lenders Program
Rate at approval
5.25% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$716K (90%)
Approval → funding
15 days
Approved
4/15/2021
First disbursed
4/30/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
22
Business age
Startup, Loan Funds will Open Business
Industry
Hardware Stores
Funded by BMO Bank National Association · Lender record →
Your business? Claim this record · Request removal

Buying a Hardware Hank in Wisconsin? Start with a lender that funds them here

We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

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CapBench analysis of public SBA 7(a) lending records; ranked by funded Hardware Hank loans with a Wisconsin project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Hardware Hank purchase in Wisconsin with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Wisconsin deals. BMO Bank National Association funds the most here. CapBench is not a lender.

$795K typical Hardware Hank loan
3 lenders active in Wisconsin
3+ funded Wisconsin deals
20 days typical to fund

Buyers buying a Hardware Hank in Wisconsin typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All Hardware Hank lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-23.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/hardware-hank/wisconsin
API:: https://www.capbench.com/api/public/lenders?franchise=hardware-hank&state=WI
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.