SBA lending record

Northtowne Cycling, LLC

1150 Blairs Ferry Rd, Cedar Rapids, IA 52402 · Sporting Goods Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$699K

Total SBA financing

Loans on record

FY2025

On record

Jobs supported

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

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All 2 loans

$423,300 — FY2025

Loan 1 of 2

Gross approval: $423,300
SBA guaranteed: $317,475 (75%)
Status: Current
Rate at approval: 8.5% v
Term: 120 mo (10 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/4/2025
First disbursement: 9/30/2025
Days to fund: 26 days
Collateral: Required
Jobs supported: 18

The lender

Ohnward Bank & Trust

2 loans to this business

Agent summary

This page summarizes the public SBA 7(a) lending record for Northtowne Cycling, LLC in Cedar Rapids, IA (Sporting Goods Retailers). 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.

2 SBA 7(a) loans totaling $699K
On record FY2025
36 jobs supported
Industry: Sporting Goods Retailers
Location: Cedar Rapids, IA
Lender: Ohnward Bank & Trust

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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 Northtowne Cycling, LLC.