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How to finance a Do it Best – Membership Agreement in Iowa
The SBA 7(a) lenders funding the most Do it Best – Membership Agreement deals in Iowa, from public loan records — typical Do it Best – Membership Agreement loan about $385K. A bank already funding the brand in your state knows it twice over.
Most active with Do it Best – Membership Agreement in Iowa
Ranked by funded Do it Best – Membership Agreement loans in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
No directory lender has enough Do it Best – Membership Agreement loans in Iowa to rank yet. See Do it Best – Membership Agreement lenders nationwide →
1+ funded Do it Best – Membership Agreement in Iowa deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Merschman Hardware and Building Supply LLC in Eldridge, IA — $278K (2022) · purchase · First Central State Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $209K (75%)
- Approval → funding
- 11 days
- Approved
- 2/11/2022
- First disbursed
- 2/22/2022
- Loan status
- Paid in full (7/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- Hardware Stores
If you were the buyer here
- Est. deal size
- $309K
- Est. down payment (10%)
- $31K
- Est. cash at closing
- $41K
- Monthly payment
- $3,933
- Annual debt service
- $47K
- Cash flow needed (1.25×)
- $59K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Central State Bank
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Buying a Do it Best – Membership Agreement in Iowa? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded Do it Best – Membership Agreement loans with a Iowa project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Do it Best – Membership Agreement purchase in Iowa with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Iowa deals. DealRoom is not a lender.
- $385K typical Do it Best – Membership Agreement loan
- 1 lenders active in Iowa
- 1+ funded Iowa deals
- 11 days typical to fund
Buyers buying a Do it Best – Membership Agreement in Iowa typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: