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Bruschmann, Inc. — SBA Loan Record (Cherokee, IA) | DealRoom

Intelligence/Insurance Agencies and Brokerages/IA

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SBA lending record

Bruschmann, Inc.

709 N 2nd St., Cherokee, IA 51012 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$275K

Total SBA financing

1

Loan on record

FY2021

On record

1

Jobs supported

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

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This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$274,700 — FY2021

Gross approval: $274,700
SBA guaranteed: $206,025 (75%)
Status: Cancelled
Rate at approval: 4.8% f
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 11/23/2020
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: Change of Ownership
Industry: Insurance Agencies and Brokerages
NAICS code: 524210
Lender: Northwest Bank
Address: 709 N 2nd St.
City: Cherokee, 51012
County: Cherokee
SBA district office: DES MOINES DISTRICT OFFICE
Congressional district: 4

The lender

Northwest Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding insurance agencies and brokerages — by location, industry.

SBA lenders in Iowa Lenders for insurance agencies and brokerages Insurance Agencies and Brokerages lenders in Iowa

Similar businesses

Comparable insurance agencies and brokerages in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Beacon Insurance Agency, Inc.

Jordan, MN· ~163 mi

Insurance Agencies and Brokerages

$280K
SBA financing: ≈ $549K–$915K
Est. revenue (rough)

Today's Benefits Inc

Elkhorn, NE· ~109 mi

Insurance Agencies and Brokerages

$183K
SBA financing: ≈ $359K–$598K
Est. revenue (rough)

Russell Solutions Inc

Papillion, NE· ~115 mi

Insurance Agencies and Brokerages

$404K
SBA financing: ≈ $792K–$1.3M
Est. revenue (rough)

Waypoint Insurance North LLC

Burnsville, MN· ~181 mi

Insurance Agencies and Brokerages

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

CDM MANAGEMENT LLC

Norfolk, NE· ~108 mi

Insurance Agencies and Brokerages

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

Mark Christopher Agency

Mason City, IA· ~122 mi

Insurance Agencies and Brokerages

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Bruschmann, Inc. in Cherokee, IA (Insurance Agencies and Brokerages). 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 $275K
On record FY2021
1 jobs supported
Industry: Insurance Agencies and Brokerages
Location: Cherokee, IA
Lender: Northwest Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Insurance Agencies and Brokerages businesses in IA for ~$275k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/bruschmann-inc-ia
API:: https://dealroom.so/api/public/businesses/bruschmann-inc-ia
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Bruschmann, Inc. 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 Bruschmann, Inc..