Lender record
Waldo State Bank
The real lending record — every figure from funded deals. HQ: 119 Depot St, Waldo, WI. 1 branch.
7
Recent deals (FY20+)
$220K
Typical deal
—
Approval → funding
Where Waldo State Bank lends
Deals Waldo State Bank funded — list all 7 as text
- The Highlands Sportsmen's Club & Kennels, LLC — Cascade · $2.2M · FY2026 · All Other Amusement and Recreation Industries
- The Highlands Sportsmen's Club & Kennels, LLC — Cascade · $100K · FY2026 · All Other Amusement and Recreation Industries
- Lakeshore Bowling LLC — Sheboygan · $3.0M · FY2025 · Bowling Centers
- Ledgeview Bowling LLC — Fond Du Lac · $2.4M · FY2025 · Bowling Centers
- Danker, Inc. — West Bend · $220K · FY2025 · Assisted Living Facilities for the Elderly
- Horning Investments LLC — Random Lake · $213K · FY2025 · Carpet and Upholstery Cleaning Services
- The Mill FSC LLC — Plymouth · $70K · FY2025 · Mobile Food Services
Deal profile
Most Waldo State Bank deals land between $100K and $2.4M — that range covers half of everything they fund. Top industries and states:
Industries they fund most
- 1.All Other Amusement and Recreation Industries (2)
- 2.Bowling Centers (2)
- 3.Assisted Living Facilities for the Elderly (1)
- 4.Carpet and Upholstery Cleaning Services (1)
- 5.Mobile Food Services (1)
Most active states
- 1.Wisconsin (7 deals)
Franchises they finance most
Can Waldo State Bank fund you? The bank behind the loans
Total assets
$153.4M
▲ 0% vs prior quarter
Deposits on hand
$127.0M
▼ 3.8% vs prior quarter
Loans outstanding
$116.4M
▲ 0% vs prior quarter
Net income (latest qtr)
$251K
- •An active SBA program (~2% of the book in this year's production) — they know the process, but SBA isn't the main event. Ask who runs their SBA desk before committing your timeline. That makes Waldo State Bank more SBA-focused than 87% of the banks on our record.
- •Deposits shrank last quarter — worth asking early how much new-loan appetite they have right now.
- •Return on assets of 0.65% — under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.
FDIC call-report data, quarter ending 03/2026.
Walk into a Waldo State Bank branch (1)
Waldo State BankMain office119 Depot StWaldo, WI 53093 · since 1913
Branch data: FDIC BankFind.
Recent deals
- The Highlands Sportsmen's Club & Kennels, LLC in Cascade, WI — $2.2M (2026) · All Other Amusement and Recreation Industries
- Program
- 7a General
- Rate at approval
- 7.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.6M (75%)
- Approved
- 3/19/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 70
- Business age
- Existing or more than 2 years old
- Industry
- All Other Amusement and Recreation Industries
Your business? Claim this record · Request removal
- The Highlands Sportsmen's Club & Kennels, LLC in Cascade, WI — $100K (2026) · All Other Amusement and Recreation Industries
- Program
- 7a with WCP
- Subprogram
- Revolving Line of Credit Expor
- Rate at approval
- 7.75% variable
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $75K (75%)
- Approved
- 3/19/2026
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 70
- Business age
- Existing or more than 2 years old
- Industry
- All Other Amusement and Recreation Industries
Your business? Claim this record · Request removal
- Lakeshore Bowling LLC in Sheboygan, WI — $3.0M (2025) · purchase · Bowling Centers
- Program
- 7a General
- Rate at approval
- 9.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.3M (75%)
- Approval → funding
- 8 days
- Approved
- 10/8/2024
- First disbursed
- 10/16/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 31
- Business age
- Change of Ownership
- Industry
- Bowling Centers
If you were the buyer here
- Est. deal size
- $3.3M
- Est. down payment (10%)
- $333K
- Est. cash at closing
- $460K
- Monthly payment
- $25,691
- Annual debt service
- $308K
- Cash flow needed (1.25×)
- $385K
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.
Your business? Claim this record · Request removal
- Ledgeview Bowling LLC in Fond Du Lac, WI — $2.4M (2025) · purchase · Bowling Centers
- Program
- 7a General
- Rate at approval
- 8.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 8 days
- Approved
- 10/8/2024
- First disbursed
- 10/16/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 26
- Business age
- Change of Ownership
- Industry
- Bowling Centers
If you were the buyer here
- Est. deal size
- $2.7M
- Est. down payment (10%)
- $267K
- Est. cash at closing
- $368K
- Monthly payment
- $19,731
- Annual debt service
- $237K
- Cash flow needed (1.25×)
- $296K
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.
Your business? Claim this record · Request removal
- Danker, Inc. in West Bend, WI — $220K (2025) · Assisted Living Facilities for the Elderly
- Program
- 7a General
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $165K (75%)
- Approval → funding
- 18 days
- Approved
- 8/15/2025
- First disbursed
- 9/2/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Existing or more than 2 years old
- Industry
- Assisted Living Facilities for the Elderly
Your business? Claim this record · Request removal
- Horning Investments LLC in Random Lake, WI — $213K (2025) · purchase · Carpet and Upholstery Cleaning Services
- Program
- 7a General
- Rate at approval
- 7.95% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $159K (75%)
- Approval → funding
- 19 days
- Approved
- 9/3/2025
- First disbursed
- 9/22/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Franchise
- Heaven's Best
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Carpet and Upholstery Cleaning Services
If you were the buyer here
- Est. deal size
- $236K
- Est. down payment (10%)
- $24K
- Est. cash at closing
- $32K
- Monthly payment
- $2,574
- Annual debt service
- $31K
- Cash flow needed (1.25×)
- $39K
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.
Your business? Claim this record · Request removal
- The Mill FSC LLC in Plymouth, WI — $70K (2025) · Mobile Food Services
- Program
- 7a General
- Rate at approval
- 7.95% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $60K (85%)
- Approval → funding
- 39 days
- Approved
- 7/24/2025
- First disbursed
- 9/1/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- New Business or 2 years or less
- Industry
- Mobile Food Services
Your business? Claim this record · Request removal
Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.
One of these businesses yours? Claim your listing or request removal.
Work at Waldo State Bank?
Claim this profile free to keep your lending record accurate, route buyer leads to your team, and sponsor your placement in the rankings.
Businesses Waldo State Bank financed
6 businesses on record. Each links to its full SBA record.
- Lakeshore Bowling LLCSheboygan, WI · 1 loan$3.0M
- Ledgeview Bowling LLCFond Du Lac, WI · 1 loan$2.4M
- The Highlands Sportsmen's Club & Kennels, LLCCascade, WI · 2 loans$2.3M
- Danker, Inc.West Bend, WI · 1 loan$220K
- Horning Investments LLCRandom Lake, WI · 1 loan$213K
- The Mill FSC LLCPlymouth, WI · 1 loan$70K
Work at Waldo State Bank?
Claim this profile to keep your record accurate, route buyer leads to your team, or sponsor your placement in the rankings.
CapBench analysis of public lending records, FY2020–present. Not affiliated with Waldo State Bank.
Agent summary
This page summarizes Waldo State Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.
- 7 SBA 7(a) loans on record
- $220K typical deal
- 3 business-acquisition loans
- HQ: 119 Depot St, Waldo, WI
- 1 FDIC branch location
- FDIC total assets $153.4M
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-18.
- 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.
- Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.
Find the bank most likely to fund your deal
Waldo State Bank is one of 1,000+ SBA lenders on record — and they all have different appetites. Tell us your deal size, industry, and location, and we'll point you to the banks that fund deals like yours.
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.