biz connections SB A L O AN S The U.S. Small Business Administration approved the following loan guarantees in December:
tosa, $100,000, U.S. Bank; Exotic Hair Boutique, 7165 W. Burleigh St., Milwaukee, $15,000, Wells Fargo Bank;
Brooks Clinic of Port S.C., 1032 S. Spring St., Port Washington, $182,700, Port Washington State Bank;
Jefferson County
Hometowne Windows & Doors Inc., 10930 W. Rogers St., Milwaukee, $200,000, Landmark Credit Union;
Brooks Clinic of Port S.C., 1032 S. Spring St., Port Washington, $180,000, Port Washington State Bank;
Jo’s Early Learning Academy II Inc., 4801-13 W. North Ave. #3023, Milwaukee, $1.15 million, Village Bank and Trust;
Grafton Preschool and Childcare LLC, 3217 Badger Circle, Grafton, $1,017,000, Wisconsin Business Development Finance Corp.;
MTAEK Investments LLC, 7701 W. Bernard Ave., Milwaukee, $400,000, BMO Harris Bank;
Hamlet and Smith Inc., 1043 13th Ave., Grafton, $150,000, Partnership Bank;
Passion for Kids LLC, 7526 W. Fond du Lac Ave., Milwaukee, $100,000, Wisconsin Women’s Business Initiative Corp.;
WEBA Properties LLC, 255 Lakeview Drive, Belgium, $543,000, First Bank Financial Centre;
Spoel Equipment Leasing Inc., W1307 Industrial Drive, Ixonia, $400,000, Waukesha State Bank;
Kenosha County Midwest Graphics Services Inc., 9522 58th Place, Suite #300, Kenosha, $25,000, U.S. Bank; William G. Aiello DDS SC, 3415 30th Ave., Kenosha, $102,000, Tri City National Bank;
Milwaukee County All-City Towing LLC, 1213 Mallory Ave., Milwaukee, $30,000, Wells Fargo Bank;
Rose Polymer Composites Inc., 5915 N. 55th St., Milwaukee, $230,000, Wisconsin Bank & Trust;
Animal Wellness Center of Oak Creek, 9142 S. Chicago Road, Oak Creek, $1.2 million, Live Oak Banking Company;
Sheeley Services Inc., 1345 N. 74th St., Milwaukee, $10,000, Tri City National Bank;
B.C. Miller Holdings LLC, 5915 N. 55th St., Milwaukee, $2.48 million, Wisconsin Bank & Trust; Body Activation LLC, 6797 Green Bay Ave., Milwaukee, $10,000, U.S. Bank; Companion Natural Pet Food LLC, 3720 N. Fratney St., #1C, Milwaukee, $75,000, First Bank Financial Centre; Companion Natural Pet Food LLC, 3720 N. Fratney St., #1C, Milwaukee, $295,000, First Bank Financial Centre; Companion Natural Pet Food LLC, 3720 N. Fratney St., #1C, Milwaukee, $40,000, First Bank Financial Centre; Damage Control Inc., 3303 W. National Ave., Milwaukee, $350,000, Waukesha State Bank; Elmer Miller Inc., 2500 Mayfair Road, Wauwa-
Sheeley Services Inc., 1345 N. 74th St., Milwaukee, $90,000, Tri City National Bank; Singh’s Corner Grocery Inc., 2714-18 S. 13th St., Milwaukee, $129,000, Tri City National Bank; Suzanne Powers Realty Group, 4214 N. Oakland Ave., Milwaukee, $100,000, U.S. Bank;
Racine County
Chick-fil-A plans to open its fifth Wisconsin restaurant on Highway 100 in West Allis, and is also planning another location in Brookfield, according to sources. The Atlanta-based fast food chain is proposing a 4,876-square-foot standalone restaurant at the northwest corner of Highway 100 and Cleveland Avenue in the West Allis Shopping Center parking lot at 2563 S. 108th St. Currently, there are standalone Chick-fil-A restaurants in Brookfield, Greendale and Madison and stores under construction in Oak Creek’s Drexel Town Square and in Mount Pleasant, both scheduled to open in March. Chick-fil-A has a restaurant located inside Regency Mall in Racine, which will close by the
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Walworth County Coyotero Legacy LLC, W1351 Eastwood Road, Genoa City, $90,000, Ridgestone Bank;
ASC Pumping Equipment Inc., 145 W. Progress Drive, West Bend, $150,000, First Bank Financial Centre;
Kowalkowski Plumbing LLC, S107 W2 Maple Ct., Mukwonago, $15,000, U.S. Bank; Lake States Vending Inc., W288 N7703 Appaloosa Lane, Hartland, $350,000, First Bank Financial Centre; Lessiter Publications Inc., 16655 W. Wisconsin Ave., Brookfield, $989,000, Wisconsin Business Development Finance Corp.; Midwest Thermal Services Inc., 4568 N. 127th St., Butler, $50,000, Park Bank;
CJ Remodeling LLC, 3100 Sherman Park Circle, Jackson, $150,000, Cornerstone Community Bank;
Midwest Thermal Services Inc., 4568 N. 127th St., Butler, $150,000, Park Bank;
Joseph C. Valind LLC, 3700 W. Washington St.,
Muskego Nursing Home Inc., S77 W18690 Janesville Road, Muskego, $120,000, First Bank Financial Centre;
end of the month.
deposits and about 570 employees.
Since entering the Wisconsin market with standalone restaurants in 2014, Chick-fil-A has been a success here, with record-breaking sales for the opening of its Brookfield location.
Old National Bancorp, the parent company of Old National Bank, has $11.9 billion in total assets and about 2,750 employees at 160 branches. It is the largest financial services holding company headquartered in Indiana.
AnchorBank to be acquired by Old National for $461 million
Through the transaction agreement, Anchor shareholders can either receive 3.5505 shares of Old National common stock or $48.50 in cash for each of their outstanding shares. No more than 40 percent of outstanding shares may be paid out.
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Belt Accounting & Tax LLC, 617 Main St., Delafield, $200,000, Ridgestone Bank;
Innovative Signs Inc., 21795 Doral Road Suite B, Waukesha, $15,700, Cornerstone Community Bank;
Ozaukee County
B i zT i m e s M i l w a u k e e
Bam Bam’s Pig Roast, 1816 Easy St., Waukesha, $10,000, U.S. Bank;
Post Land Group LLC, 824 N. 10th St., Oostburg, $450,000, Wisconsin Bank & Trust;
Washington County
Madison-based Anchor operates AnchorBank fsb, which has 46 branches, including seven in southeastern Wisconsin. It is the third largest bank headquartered in Wisconsin. It has $2.2 billion in assets, $1.5 billion in loans, $1.8 billion in
All American Building Services, 16800 W. Greenfield Ave., Brookfield, $25,000, U.S. Bank;
Buendel LLC, 1230 George Towne Drive, Pewaukee, $50,000, First Bank Financial Centre;
Wisconsin Equipment & Fixture Mart, Milwaukee, $654,000, Ridgestone Bank;
Anchor BanCorp Wisconsin Inc. plans to be acquired by Evansville, Ind.-based Old National Bancorp for about $461 million. The stock and cash transaction is expected to close in the second quarter.
Waukesha County
Millennium Technologies LLC, 1404 Pilgrim Road, Plymouth, $700,000, Wisconsin Bank & Trust;
BI Z B R I E F S
Chick-fil-A restaurants planned in West Allis, Brookfield
Wittenberger Bus Service Inc., $684,000, First Bank Financial Centre;
Broesch & Co. S.C., 1733 Manhattan Drive Suite D, Waukesha, $70,000, First Bank Financial Centre;
TMI Consulting LLC, 1845 N. Farwell Ave., #209, Milwaukee, $150,000, Celtic Bank Corp.;
Advanced Manufacturing, 1090 Falls Road, Grafton, $250,000, Ridgestone Bank;
Overlook Investments LLC, 610 Schoenhaar Drive, West Bend, $1,205,000, First Bank Financial Centre;
GHS Racine Inc., 2320 Douglas Ave., Racine, $201,000, Wells Fargo Bank;
United States Motor Power, 1824 Hobbs Drive, Delavan, $133,000, Wisconsin Business Development Finance Corp.;
Advanced Manufacturing, 1090 Falls Road, Grafton, $1,022,000, Ridgestone Bank;
West Bend, $345,000, Waukesha State Bank;
All Anchor employees will become Old National employees, the company said, “however, any major decisions involving post-conversion roles and positions for current AnchorBank employees will be determined in the near future.” Both boards of directors have approved the acquisition, but it is still subject to an Anchor shareholder vote and regulatory approval.
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Ontech Systems Inc., N85 W16186 Appleton Ave., Menomonee Falls, $420,000, First Bank Financial Centre; Ove Water Services Inc., S53 W31165 Old Village Road, Mukwonago, $150,000, First Business Bank-Milwaukee; Performance Coatings LLC, 1301 W. Second St., Oconomowoc, $50,000, First Bank Financial Centre; Solid Partitions LLC, N30 W22383 Green Road, Waukesha, $103,000, Tri City National Bank; Spa Paw & Tail LLC, 5055-75 S. Emmer Drive, New Berlin, $997,000, Wisconsin Business Development Finance Corp.; Stanley Drive LLC, N88 W14369 Stanley Drive, Menomonee Falls, $630,000, Ridgestone Bank; Sunset Popcorn LLC, 446A Sunset Drive, Waukesha, $30,000, Wisconsin Women’s Business Initiative Corp.; Willow Dental S.C., 3333 Sunnyslope Road, New Berlin, $30,000, U.S. Bank.