SBA lending record
Spencer a Melvin LLC
425 S 14Th Street, Clinton, IA 52732 · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$731K
Total SBA financing
3
Loans on record
FY2021–23
On record
14
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$50,000 — FY2023
Loan 1 of 3- Gross approval
- $50,000
- SBA guaranteed
- $25,000 (50%)
- Status
- Current
- Rate at approval
- 9% v
- Term
- 90 mo (8 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/29/2023
- First disbursement
- 5/5/2023
- Days to fund
- 6 days
- Collateral
- Required
- Jobs supported
- 7
The lender
The Clinton National Bank
3 loans to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Spencer a Melvin LLC in Clinton, IA (General Automotive Repair). 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.
- 3 SBA 7(a) loans totaling $731K
- On record FY2021–23
- 14 jobs supported
- Industry: General Automotive Repair
- Location: Clinton, IA
- Lender: The Clinton National 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 Spencer a Melvin 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 Spencer a Melvin LLC.