SBA lending record
Phillips Modern Ag, Inc
2153 S Linn Ave, New Hampton, IA 50659 · Industrial Building Construction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.0M
Total SBA financing
2
Loans on record
FY2023
On record
24
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Phillips Modern Ag, Inc your business?
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.
All 2 loans
$324,900 — FY2023
Loan 1 of 2- Gross approval
- $324,900
- SBA guaranteed
- $243,675 (75%)
- Status
- Cancelled
- Rate at approval
- 7.25% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/15/2023
- Collateral
- Required
- Jobs supported
- 12
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Phillips Modern Ag, Inc in New Hampton, IA (Industrial Building Construction). 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 $2.0M
- On record FY2023
- 24 jobs supported
- Industry: Industrial Building Construction
- Location: New Hampton, IA
- Lender: Iowa State 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 Phillips Modern Ag, 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 Phillips Modern Ag, Inc.