4.926% 504 20 year term, December 2018
4.990% 504 25 year term, December 2018

 

Huron Automotive

July 2014 | Green Bay, WI

 

Huron Automotive is an automotive repair, tire and wheel center founded in 2010 owned by brothers Dell Lubenske Jr. and Dan (DJ) Lubenske.

 

Huron Automotive is an extension of the Lubenske family's long-established Dell's Service Center, which was founded in 1969 by the brothers' father, Dell Lubenske Sr. Dell Sr. transferred ownership of his namesake automotive repair business to his sons in 1995.

 

Huron Automotive has two locations from which it serves its customers. The first, established in 2011 is located at 1001 Huron Road, Green Bay, WI. The second, established in early 2013, is located at 2173 Velp Ave., Green Bay, WI. Dell Jr. and DJ pride themselves on delivering an extensive array of automotive services through its ASE-certified mechanics.

 

In October 2013, Dell Jr. and DJ had an opportunity to purchase the real estate related to their Velp Ave. service center, which they had been leasing since January 2013. With financing provided by Community First Credit Union structured as an SBA 504 loan from WBD, they were able to purchase the facility and gain equity in a great facility.

 

This is the second SBA 504 project that the Lubenske's have completed with WBD.

 

 

Funded

July 2014

 

Owner(s)

Dell Lubenske, Jr. and Daniel Lubenske

 

Bank & Lender

Community First Credit Union, Brent Jensen

 

Financing

Purchase of real estate and improvements; Purchase of equipment

 

Jobs Created & Retained

Created 4 jobs

 

Public Policy Goals/Local Development Goals

Meets the community development goal of improving, diversifying, or stabilizing the local economy.

 

Project Amount

$1,200,000

 

Huron Automotive is an automotive repair, tire and wheel center founded in 2010 owned by brothers Dell Lubenske Jr. and Dan (DJ) Lubenske.

 

Huron Automotive is an extension of the Lubenske family's long-established Dell's Service Center, which was founded in 1969 by the brothers' father, Dell Lubenske Sr. Dell Sr. transferred ownership of his namesake automotive repair business to his sons in 1995.

 

Huron Automotive has two locations from which it serves its customers. The first, established in 2011 is located at 1001 Huron Road, Green Bay, WI. The second, established in early 2013, is located at 2173 Velp Ave., Green Bay, WI. Dell Jr. and DJ pride themselves on delivering an extensive array of automotive services through its ASE-certified mechanics.

 

In October 2013, Dell Jr. and DJ had an opportunity to purchase the real estate related to their Velp Ave. service center, which they had been leasing since January 2013. With financing provided by Community First Credit Union structured as an SBA 504 loan from WBD, they were able to purchase the facility and gain equity in a great facility.

 

This is the second SBA 504 project that the Lubenske's have completed with WBD.