SBA lending record
D.E. Smith Inc
403 East Jackson Ave, Des Moines, IA 50315 · All Other Industrial Machinery Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
1
Loan on record
FY2026
On record
1
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is D.E. Smith Inc your business?
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The loan
$500,000 — FY2026
- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Committed
- Rate at approval
- 7.25% v
- Term
- 34 mo (3 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/6/2026
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Change of Ownership
The lender
Bank Iowa
1 loan to this business- Total assets
- $2349.0B
- Deposits
- $1968.2B
- Loans outstanding
- $1778.2B
- Net income
- $7.4B
- Return on assets
- 1.2435678610078675%
- Return on equity
- 15.28%
- Total equity
- $192.3B
- Offices
- 25
- Founded
- 03/0
- Headquarters
- 1225 Jordan Creek Pkwy, West Des Moines, IA, 50266
- FDIC cert
- 14521
- Website
- www.bankiowa.bank
Is D.E. Smith Inc your business?
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with D.E. Smith Inc.