ENRG Inc,

6027 University Ave Ste 100, Cedar Falls, IA 50613 · Electronics Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$312K

Total SBA financing

1

Loan on record

FY2020

On record

10

Jobs supported

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

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The loan

$312,000 — FY2020

Gross approval: $312,000
SBA guaranteed: $234,000 (75%)
Status: Paid in full
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 12/2/2019
First disbursement: 12/31/2019
Days to fund: 29 days
Paid in full: 11/30/2024
Collateral: Required
Jobs supported: 10
Business type: Corporation
Business age: Change of Ownership
Industry: Electronics Stores
NAICS code: 443142
Lender: First Interstate Bank
Address: 6027 University Ave Ste 100
City: Cedar Falls, 50613
County: Black Hawk
SBA district office: CEDAR RAPIDS BRANCH OFFICE
Congressional district: 1

The lender

First Interstate Bank

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

Agent summary

This page summarizes the public SBA 7(a) lending record for ENRG Inc, in Cedar Falls, IA (Electronics Stores). 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 $312K
On record FY2020
10 jobs supported
Industry: Electronics Stores
Location: Cedar Falls, IA
Lender: First Interstate Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electronics Stores businesses in IA for ~$312k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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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/enrg-inc-ia
API:: https://dealroom.so/api/public/businesses/enrg-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.

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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 ENRG Inc,.