SBA lending record

Ada J's Steakhouse, LLC

103 W Main St, Ute, IA 51060 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$120K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$120,000 — FY2024

Gross approval: $120,000
SBA guaranteed: $102,000 (85%)
Status: Current
Rate at approval: 8.5% v
Term: 252 mo (21 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/3/2024
First disbursement: 6/12/2024
Days to fund: 40 days
Collateral: Required
Jobs supported: 15
Business type

The lender

Community Bank

1 loan to this business

Agent summary

This page summarizes the public SBA 7(a) lending record for Ada J's Steakhouse, LLC in Ute, IA (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 $120K
On record FY2024
15 jobs supported
Industry: Full-Service Restaurants
Location: Ute, IA
Lender: Community Bank

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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 Ada J's Steakhouse, LLC.