SBA lending record
RAFFAT INC
1451 CORAL RIDGE AVE STE 328, Coralville, IA 52241 · Gift, Novelty, and Souvenir Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$100K
Total SBA financing
1
Loan on record
FY2021
On record
8
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$100,000 — FY2021
- Gross approval
- $100,000
- SBA guaranteed
- $90,000 (90%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 5% v
- Term
- 8 mo (1 yr)
- Program
- Standard Asset Base Working Capital Line
- Subprogram
- Standard Asset Based
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/18/2021
- First disbursement
- 3/31/2021
- Days to fund
- 13 days
- Collateral
- Required
- Jobs supported
- 8
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 RAFFAT INC in Coralville, IA (Gift, Novelty, and Souvenir 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 $100K
- On record FY2021
- 8 jobs supported
- Industry: Gift, Novelty, and Souvenir Stores
- Location: Coralville, 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 RAFFAT 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 RAFFAT INC.