Lake Ridge Bank
WI
SBA-approved lender offering 6 loan programs across 9 industries.
Key Metrics
Interest Rate
7.86%
1.11% over prime
Average Loan
$431K
Per approval
Total Approvals
18
FY 2025
Loan Programs (6)
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Industries Served (9)
All Other Amusement and Recreation IndustriesBeauty SalonsFitness and Recreational Sports CentersFlooring ContractorsFood Product Machinery ManufacturingFull-Service RestaurantsLandscaping ServicesOffices of Physical, Occupational and Speech Therapists, and AudiologiVeterinary Services
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.11%
- Effective Rate
- 7.86%
- Fiscal Year
- 2025
- States Served
- WI
- Website
- www.lakeridge.bank
Ready to apply with Lake Ridge Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.