SBA lending record
New Directions LLC
7555 Railroad Street, Iron River, WI 54847 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$240K
Total SBA financing
1
Loan on record
FY2024
On record
7
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$240,000 — FY2024
- Gross approval
- $240,000
- SBA guaranteed
- $180,000 (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
- Business purchase
- Approved
- 6/11/2024
- First disbursement
- 6/20/2024
- Days to fund
- 9 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
National Bank of Commerce
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for New Directions LLC in Iron River, WI (Full-Service Restaurants). DealRoom 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.
- 1 SBA 7(a) loan totaling $240K
- On record FY2024
- 7 jobs supported
- Industry: Full-Service Restaurants
- Location: Iron River, WI
- Lender: National Bank of Commerce
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is New Directions LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with New Directions LLC.