Lender intelligence
Financing a couriers and express delivery services acquisition in Iowa
The SBA 7(a) lenders funding the most couriers and express delivery services acquisitions in Iowa, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in couriers and express delivery services · Iowa
Ranked by funded couriers and express delivery services acquisitions in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.62 loans · $21M · Saint Cloud, MNFull record →
- 2.9 loans · $10M · Warren, PAFull record →
- 3.1,025 loans · $292M · Berkeley Heights, NJFull record →
- 4.868 loans · $362M · Salt Lake City, UTFull record →
6+ funded Couriers and Express Delivery Services 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.
- LEP LOGISTICS, INC. in Cedar Rapids, IA — $535K (2025) · purchase · Stearns Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $401K (75%)
- Approval → funding
- 14 days
- Approved
- 1/31/2025
- First disbursed
- 2/14/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 24
- Business age
- Change of Ownership
- Industry
- Couriers and Express Delivery Services
If you were the buyer here
- Est. deal size
- $594K
- Est. down payment (10%)
- $59K
- Est. cash at closing
- $80K
- Monthly payment
- $7,144
- Annual debt service
- $86K
- Cash flow needed (1.25×)
- $107K
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 Stearns Bank National Association · Lender record →
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- DTK Delivery Inc in Sergeant Bluff, IA — $507K (2022) · purchase · Readycap Lending, LLC
- Program
- 7a General
- Rate at approval
- 5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $381K (75%)
- Approval → funding
- 11 days
- Approved
- 3/31/2022
- First disbursed
- 4/11/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Couriers and Express Delivery Services
If you were the buyer here
- Est. deal size
- $564K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $75K
- Monthly payment
- $5,382
- Annual debt service
- $65K
- Cash flow needed (1.25×)
- $81K
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 Readycap Lending, LLC · Lender record →
Your business? Claim this record · Request removal
- Millhouse Logistics, Inc. in Spirit Lake, IA — $432K (2021) · purchase · Northwest Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $389K (90%)
- Approval → funding
- 4 days
- Approved
- 4/12/2021
- First disbursed
- 4/16/2021
- Loan status
- Paid in full (7/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 19
- Business age
- Change of Ownership
- Industry
- Couriers and Express Delivery Services
If you were the buyer here
- Est. deal size
- $480K
- Est. down payment (10%)
- $48K
- Est. cash at closing
- $64K
- Monthly payment
- $4,480
- Annual debt service
- $54K
- Cash flow needed (1.25×)
- $67K
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 Northwest Bank · Lender record →
Your business? Claim this record · Request removal
- Zeman Logistics, Inc. in Sanborn, IA — $331K (2021) · purchase · Northwest Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $298K (90%)
- Approval → funding
- 2 days
- Approved
- 6/9/2021
- First disbursed
- 6/11/2021
- Loan status
- Paid in full (7/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 19
- Business age
- Change of Ownership
- Industry
- Couriers and Express Delivery Services
If you were the buyer here
- Est. deal size
- $368K
- Est. down payment (10%)
- $37K
- Est. cash at closing
- $49K
- Monthly payment
- $3,431
- Annual debt service
- $41K
- Cash flow needed (1.25×)
- $51K
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 Northwest Bank · Lender record →
Your business? Claim this record · Request removal
- A PLUS TRANSPORTATION INC in Spirit Lake, IA — $823K (2020) · purchase · Celtic Bank Corporation
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 90 months
- SBA guaranteed
- $617K (75%)
- Approval → funding
- 43 days
- Approved
- 8/18/2020
- First disbursed
- 9/30/2020
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 17
- Business age
- Change of Ownership
- Industry
- Couriers and Express Delivery Services
If you were the buyer here
- Est. deal size
- $914K
- Est. down payment (10%)
- $91K
- Est. cash at closing
- $125K
- Monthly payment
- $11,378
- Annual debt service
- $137K
- Cash flow needed (1.25×)
- $171K
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 Celtic Bank Corporation · Lender record →
Your business? Claim this record · Request removal
- FIKE TRUCKING, INC. in Saint Johns, IA — $300K (2020) · purchase · Stearns Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $225K (75%)
- Approval → funding
- 42 days
- Approved
- 11/19/2019
- First disbursed
- 12/31/2019
- Loan status
- Paid in full (3/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Couriers and Express Delivery Services
If you were the buyer here
- Est. deal size
- $333K
- Est. down payment (10%)
- $33K
- Est. cash at closing
- $45K
- Monthly payment
- $3,561
- Annual debt service
- $43K
- Cash flow needed (1.25×)
- $53K
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 Stearns Bank National Association · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to couriers and express delivery services businesses with a Iowa project address.
Agent summary
How to finance a couriers and express delivery services acquisition in Iowa with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Iowa deals. Stearns Bank National Association funds the most here. DealRoom is not a lender.
- $631K typical loan
- 4 lenders active in Iowa
- 6+ funded Iowa deals
- 14 days typical to fund
Buyers buying a couriers and express delivery services in Iowa typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.