Lender intelligence
Financing a new car dealers acquisition in Iowa
The SBA 7(a) lenders funding the most new car dealers 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 new car dealers · Iowa
Ranked by funded new car dealers acquisitions in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1 loans · $0M · Cedar Rapids, IAFull record →
2+ funded New Car Dealers 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.
- Sky Auto Mall, LLC in Center Point, IA — $2.3M (2021) · purchase · Cedar Rapids Bank and Trust Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.0M (90%)
- Approval → funding
- 7 days
- Approved
- 7/22/2021
- First disbursed
- 7/29/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 59
- Business age
- Change of Ownership
- Industry
- New Car Dealers
If you were the buyer here
- Est. deal size
- $2.5M
- Est. down payment (10%)
- $251K
- Est. cash at closing
- $346K
- Monthly payment
- $24,808
- Annual debt service
- $298K
- Cash flow needed (1.25×)
- $372K
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 Cedar Rapids Bank and Trust Company · Lender record →
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- Sky Auto Mall, LLC in Center Point, IA — $1.0M (2021) · purchase · Cedar Rapids Bank and Trust Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $500K (50%)
- Approval → funding
- 9 days
- Approved
- 7/22/2021
- First disbursed
- 7/31/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 59
- Business age
- Change of Ownership
- Industry
- New Car Dealers
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $111K
- Est. cash at closing
- $152K
- Monthly payment
- $10,244
- Annual debt service
- $123K
- Cash flow needed (1.25×)
- $154K
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 Cedar Rapids Bank and Trust Company · Lender record →
Your business? Claim this record · Request removal
Financing a new car dealers deal in Iowa? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to new car dealers businesses with a Iowa project address.
Agent summary
How to finance a new car dealers 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. Cedar Rapids Bank and Trust Company funds the most here. DealRoom is not a lender.
- $2.2M typical loan
- 1 lenders active in Iowa
- 2+ funded Iowa deals
- 9 days typical to fund
Buyers buying a new car dealers 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:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.