Lender intelligence
Financing a general automotive repair acquisition in Iowa
The SBA 7(a) lenders funding the most general automotive repair 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 general automotive repair · Iowa
Ranked by funded general automotive repair acquisitions in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.31 loans · $11M · Green Bay, WIFull record →
- 2.2 loans · $0M · Edgewood, IAFull record →
- 3.3 loans · $1M · Fort Pierre, SDFull record →
7+ funded General Automotive Repair 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.
- Cottrell LLC in Muscatine, IA — $392K (2025) · purchase · Nicolet National Bank
- Program
- 7a General
- Rate at approval
- 9.25% variable
- Term
- 171 months
- SBA guaranteed
- $294K (75%)
- Approval → funding
- 10 days
- Approved
- 4/29/2025
- First disbursed
- 5/9/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $435K
- Est. down payment (10%)
- $44K
- Est. cash at closing
- $58K
- Monthly payment
- $4,130
- Annual debt service
- $50K
- Cash flow needed (1.25×)
- $62K
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 Nicolet National Bank · Lender record →
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- Peosta Automotive LLC in Peosta, IA — $191K (2025) · purchase · Nicolet National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $143K (75%)
- Approval → funding
- 1 days
- Approved
- 1/27/2025
- First disbursed
- 1/28/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $212K
- Est. down payment (10%)
- $21K
- Est. cash at closing
- $28K
- Monthly payment
- $2,466
- Annual debt service
- $30K
- Cash flow needed (1.25×)
- $37K
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 Nicolet National Bank · Lender record →
Your business? Claim this record · Request removal
- Riceville Auto Center LLC in Riceville, IA — $165K (2025) · purchase · First National Bank
- Program
- 7a General
- Rate at approval
- 8.75% variable
- Term
- 159 months
- SBA guaranteed
- $123K (75%)
- Approval → funding
- 12 days
- Approved
- 3/20/2025
- First disbursed
- 4/1/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $183K
- Est. down payment (10%)
- $18K
- Est. cash at closing
- $24K
- Monthly payment
- $1,751
- Annual debt service
- $21K
- Cash flow needed (1.25×)
- $26K
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 National Bank · Lender record →
Your business? Claim this record · Request removal
- Fangmann Performance and Repair LLC in Delhi, IA — $160K (2025) · purchase · Community Savings Bank
- Program
- 7a General
- Rate at approval
- 9.75% variable
- Term
- 127 months
- SBA guaranteed
- $120K (75%)
- Approval → funding
- 8 days
- Approved
- 12/10/2024
- First disbursed
- 12/18/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $178K
- Est. down payment (10%)
- $18K
- Est. cash at closing
- $24K
- Monthly payment
- $2,024
- Annual debt service
- $24K
- Cash flow needed (1.25×)
- $30K
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 Community Savings Bank · Lender record →
Your business? Claim this record · Request removal
- OFF CAMPUS AUTO REPAIR, LLC in Coralville, IA — $496K (2022) · purchase · Nicolet National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $372K (75%)
- Approval → funding
- 2 days
- Approved
- 1/25/2022
- First disbursed
- 1/27/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $551K
- Est. down payment (10%)
- $55K
- Est. cash at closing
- $74K
- Monthly payment
- $5,196
- Annual debt service
- $62K
- Cash flow needed (1.25×)
- $78K
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 Nicolet National Bank · Lender record →
Your business? Claim this record · Request removal
- Spencer a Melvin LLC in Clinton, IA — $631K (2021) · purchase · The Clinton National Bank
- Program
- 7a General
- Rate at approval
- 5.5% variable
- Term
- 301 months
- SBA guaranteed
- $473K (75%)
- Approval → funding
- 42 days
- Approved
- 10/19/2020
- First disbursed
- 11/30/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $701K
- Est. down payment (10%)
- $70K
- Est. cash at closing
- $94K
- Monthly payment
- $3,869
- Annual debt service
- $46K
- Cash flow needed (1.25×)
- $58K
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 The Clinton National Bank
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- Fahrenkrug Properties, LLC in Park View, IA — $269K (2021) · purchase · U.S. Bank, National Association
- Program
- 7a General
- Rate at approval
- 4.54% fixed
- Term
- 216 mo (18 yrs)
- SBA guaranteed
- $242K (90%)
- Approval → funding
- 38 days
- Approved
- 1/15/2021
- First disbursed
- 2/22/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $299K
- Est. down payment (10%)
- $30K
- Est. cash at closing
- $40K
- Monthly payment
- $1,826
- Annual debt service
- $22K
- Cash flow needed (1.25×)
- $27K
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 U.S. 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 general automotive repair businesses with a Iowa project address.
Agent summary
How to finance a general automotive repair 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. Nicolet National Bank funds the most here. DealRoom is not a lender.
- $566K typical loan
- 5 lenders active in Iowa
- 7+ funded Iowa deals
- 10 days typical to fund
Buyers buying a general automotive repair 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: