SBA lending record
LU'S DELI ON 3RD LLC
1010 3RD ST SE, Cedar Rapids, IA 52403 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$115K
Total SBA financing
1
Loan on record
FY2020
On record
8
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is LU'S DELI ON 3RD LLC your business?
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The loan
$115,000 — FY2020
- Gross approval
- $115,000
- SBA guaranteed
- $97,750 (85%)
- Status
- Paid in full
- Rate at approval
- 5.5% f
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/22/2020
- First disbursement
- 9/30/2020
- Days to fund
- 8 days
- Paid in full
- 3/31/2021
- Collateral
- Required
- Jobs supported
The lender
Farmers and Merchants Savings 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 LU'S DELI ON 3RD LLC in Cedar Rapids, IA (Limited-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 $115K
- On record FY2020
- 8 jobs supported
- Industry: Limited-Service Restaurants
- Location: Cedar Rapids, IA
- Lender: Farmers and Merchants Savings Bank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is LU'S DELI ON 3RD LLC 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 LU'S DELI ON 3RD LLC.