Lender intelligence
Financing a limited-service restaurants acquisition in Iowa
The SBA 7(a) lenders funding the most limited-service restaurants 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 limited-service restaurants · Iowa
Ranked by funded limited-service restaurants acquisitions in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.9 loans · $10M · Warren, PAFull record →
- 2.42 loans · $48M · Los Angeles, CAFull record →
- 3.38 loans · $26M · Richmond City, VAFull record →
- 4.11 loans · $19M · Fort Lauderdale, FLFull record →
- 5.57 loans · $74M · Winston-Salem, NCFull record →
- 6.66 loans · $68M · Milford, IAFull record →
- 7.1 loans · $0M · Lawton, OKFull record →
- 8.1 loans · $0M · Lena, ILFull record →
- 9.46 loans · $27M · Sartell, MNFull record →
17+ funded Limited-Service Restaurants 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.
- Charleys 542 in Coralville, IA — $395K (2026) · purchase · Centerstone SBA Lending, Inc.
- Program
- Preferred Lenders Program
- Rate at approval
- 8.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $296K (75%)
- Approved
- 2/20/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $439K
- Est. down payment (10%)
- $44K
- Est. cash at closing
- $59K
- Monthly payment
- $4,950
- Annual debt service
- $59K
- Cash flow needed (1.25×)
- $74K
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 Centerstone SBA Lending, Inc. · Lender record →
Your business? Claim this record · Request removal
- Scooter's Coffee in Altoona, IA — $2.8M (2025) · purchase · OptimumBank
- Program
- 7a General
- Rate at approval
- 10.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.1M (75%)
- Approval → funding
- 137 days
- Approved
- 12/13/2024
- First disbursed
- 4/29/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 22
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $3.1M
- Est. down payment (10%)
- $306K
- Est. cash at closing
- $422K
- Monthly payment
- $25,974
- Annual debt service
- $312K
- Cash flow needed (1.25×)
- $390K
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 OptimumBank · Lender record →
Your business? Claim this record · Request removal
- JBB Properties, LLC in Jefferson, IA — $1.5M (2025) · purchase · Atlantic Union Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 54 days
- Approved
- 1/15/2025
- First disbursed
- 3/10/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 22
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $1.7M
- Est. down payment (10%)
- $167K
- Est. cash at closing
- $229K
- Monthly payment
- $12,846
- Annual debt service
- $154K
- Cash flow needed (1.25×)
- $193K
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 Atlantic Union Bank · Lender record →
Your business? Claim this record · Request removal
- LJ's Neighborhood Bar & Grill in Waterloo, IA — $235K (2025) · purchase · Truliant FCU
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $176K (75%)
- Approval → funding
- 44 days
- Approved
- 5/14/2025
- First disbursed
- 6/27/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 52
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $261K
- Est. down payment (10%)
- $26K
- Est. cash at closing
- $35K
- Monthly payment
- $3,138
- Annual debt service
- $38K
- Cash flow needed (1.25×)
- $47K
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 Truliant FCU · Lender record →
Your business? Claim this record · Request removal
- Seryosh LLC in West Des Moines, IA — $10K (2025) · purchase · Twin Cedars Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.25% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $5K (50%)
- Approved
- 3/26/2025
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 9
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $11K
- Est. down payment (10%)
- $1K
- Est. cash at closing
- $1K
- Monthly payment
- $134
- Annual debt service
- $2K
- Cash flow needed (1.25×)
- $2K
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 Twin Cedars Bank
Your business? Claim this record · Request removal
- Hershey Homestead Inc in Independence, IA — $470K (2024) · purchase · Community Bank of Oelwein
- Program
- 7a General
- Rate at approval
- 9% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $329K (70%)
- Approval → funding
- 21 days
- Approved
- 9/18/2024
- First disbursed
- 10/9/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 37
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $522K
- Est. down payment (10%)
- $52K
- Est. cash at closing
- $70K
- Monthly payment
- $7,557
- Annual debt service
- $91K
- Cash flow needed (1.25×)
- $113K
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 Bank of Oelwein
Your business? Claim this record · Request removal
- Legacy Pizza, LLC in Pella, IA — $460K (2024) · purchase · United Community Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $345K (75%)
- Approval → funding
- 54 days
- Approved
- 7/3/2024
- First disbursed
- 8/26/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $511K
- Est. down payment (10%)
- $51K
- Est. cash at closing
- $68K
- Monthly payment
- $6,143
- Annual debt service
- $74K
- Cash flow needed (1.25×)
- $92K
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 United Community Bank · Lender record →
Your business? Claim this record · Request removal
- Fat Jimmy's BBQ Corp. in Montrose, IA — $370K (2024) · purchase · Two Rivers Bank & Trust
- Program
- 7a General
- Rate at approval
- 9.5% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $278K (75%)
- Approval → funding
- 22 days
- Approved
- 8/13/2024
- First disbursed
- 9/4/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $411K
- Est. down payment (10%)
- $41K
- Est. cash at closing
- $55K
- Monthly payment
- $3,233
- Annual debt service
- $39K
- Cash flow needed (1.25×)
- $48K
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 Two Rivers Bank & Trust
Your business? Claim this record · Request removal
- Midwest Meal Prep, LLC in Urbandale, IA — $121K (2024) · purchase · Northwest Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.32% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $103K (85%)
- Approved
- 8/29/2024
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $134K
- Est. down payment (10%)
- $13K
- Est. cash at closing
- $17K
- Monthly payment
- $1,421
- Annual debt service
- $17K
- Cash flow needed (1.25×)
- $21K
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
- Midwest Meal Prep, LLC in Urbandale, IA — $121K (2024) · purchase · Northwest Bank
- Program
- 7a General
- Rate at approval
- 7.32% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $103K (85%)
- Approval → funding
- 21 days
- Approved
- 9/17/2024
- First disbursed
- 10/8/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 22
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $134K
- Est. down payment (10%)
- $13K
- Est. cash at closing
- $17K
- Monthly payment
- $1,421
- Annual debt service
- $17K
- Cash flow needed (1.25×)
- $21K
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
- Right Choice Investment Holdings, LLC in Waterloo, IA — $800K (2022) · purchase · Lincoln Savings Bank
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $600K (75%)
- Approval → funding
- 38 days
- Approved
- 12/19/2021
- First disbursed
- 1/26/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 52
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $889K
- Est. down payment (10%)
- $89K
- Est. cash at closing
- $122K
- Monthly payment
- $8,882
- Annual debt service
- $107K
- Cash flow needed (1.25×)
- $133K
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 Lincoln Savings Bank
Your business? Claim this record · Request removal
- Passion Fruit LLC in Des Moines, IA — $225K (2022) · purchase · VisionBank of Iowa
- Program
- 7a General
- Rate at approval
- 6.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $169K (75%)
- Approval → funding
- 7 days
- Approved
- 4/25/2022
- First disbursed
- 5/2/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $250K
- Est. down payment (10%)
- $25K
- Est. cash at closing
- $33K
- Monthly payment
- $2,526
- Annual debt service
- $30K
- Cash flow needed (1.25×)
- $38K
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 VisionBank of Iowa
Your business? Claim this record · Request removal
- BCXCB LLC in Spirit Lake, IA — $85K (2022) · purchase · Bank Midwest
- Program
- Preferred Lenders Program
- Rate at approval
- 6% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $64K (75%)
- Approval → funding
- 5 days
- Approved
- 7/13/2022
- First disbursed
- 7/18/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $94K
- Est. down payment (10%)
- $9K
- Est. cash at closing
- $12K
- Monthly payment
- $944
- Annual debt service
- $11K
- Cash flow needed (1.25×)
- $14K
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 Bank Midwest
Your business? Claim this record · Request removal
- Mercurialis Holdings, LLC in West Des Moines, IA — $3.0M (2021) · purchase · Northwest Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 4.15% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.7M (90%)
- Approval → funding
- 26 days
- Approved
- 5/21/2021
- First disbursed
- 6/16/2021
- Loan status
- Paid in full (6/30/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 50
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $3.4M
- Est. down payment (10%)
- $338K
- Est. cash at closing
- $466K
- Monthly payment
- $30,996
- Annual debt service
- $372K
- Cash flow needed (1.25×)
- $465K
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
- RLT INC in West Des Moines, IA — $345K (2020) · purchase · BankVista
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $259K (75%)
- Approved
- 4/23/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $383K
- Est. down payment (10%)
- $38K
- Est. cash at closing
- $51K
- Monthly payment
- $3,830
- Annual debt service
- $46K
- Cash flow needed (1.25×)
- $57K
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 BankVista · Lender record →
Your business? Claim this record · Request removal
- Jerry's Nextgen, Inc in Sioux City, IA — $218K (2020) · purchase · Liberty National Bank
- Program
- 7a General
- Rate at approval
- 5.55% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $163K (75%)
- Approval → funding
- 17 days
- Approved
- 2/12/2020
- First disbursed
- 2/29/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 16
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $242K
- Est. down payment (10%)
- $24K
- Est. cash at closing
- $32K
- Monthly payment
- $3,131
- Annual debt service
- $38K
- Cash flow needed (1.25×)
- $47K
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 Liberty National Bank · Lender record →
Your business? Claim this record · Request removal
- CAROLE, LLC in Monticello, IA — $145K (2020) · purchase · Citizens State Bank
- Program
- 7a General
- Rate at approval
- 6.5% variable
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $109K (75%)
- Approval → funding
- 85 days
- Approved
- 11/7/2019
- First disbursed
- 1/31/2020
- Loan status
- Paid in full (1/31/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $161K
- Est. down payment (10%)
- $16K
- Est. cash at closing
- $21K
- Monthly payment
- $1,263
- Annual debt service
- $15K
- Cash flow needed (1.25×)
- $19K
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 Citizens State Bank · Lender record →
Your business? Claim this record · Request removal
Financing a limited-service restaurants deal in Iowa? Start with the right lender
We'll point you to the SBA lenders already funding your industry in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to limited-service restaurants businesses with a Iowa project address.
Agent summary
How to finance a limited-service restaurants 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. Northwest Bank funds the most here. DealRoom is not a lender.
- $575K typical loan
- 15 lenders active in Iowa
- 17+ funded Iowa deals
- 26 days typical to fund
Buyers buying a limited-service restaurants 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: