Gateway Mart

4072 Cth B, Watersmeet, MI 54540

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$1.9M

Jobs Supported

17

Years Active

2026

Loan History (1)

Source: SBA FOIA
7(a)$1,857,000
Committed
Approved
Nov 18, 2025 (FY2026)
SBA Guaranteed
$1,392,750 (75%)
Term
240 months (20.0 yrs)
Interest Rate
9.00%
Revolver
0
Jobs Supported
17
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old

Lender

Frandsen Bank and Trust

4388 Round Lake Road West, Arden Hills, MN 55112

Project Location

Vilas County, WI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
457110
Address
4072 Cth B
Watersmeet, MI 54540

Lender

Frandsen Bank and Trust
4388 Round Lake Road West, Arden Hills, MN 55112

Other SBA Borrowers in Watersmeet

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