SBA lending record

AC CONTRACTING, LLC

128 N 19th Street, Keokuk, IA 52632 · All Other Specialty Trade Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$250K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$250,000 — FY2024

Gross approval: $250,000
SBA guaranteed: $187,500 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 11.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/24/2024
First disbursement: 8/9/2024
Days to fund: 16 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: All Other Specialty Trade Contractors
NAICS code: 238990
Lender: Northeast Bank
Address: 128 N 19th Street
City: Keokuk, 52632
County: Lee
SBA district office: CEDAR RAPIDS BRANCH OFFICE
Congressional district: 2

The lender

Northeast Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding all other specialty trade contractors — by location, industry.

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Comparable all other specialty trade contractors in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

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Agent summary

This page summarizes the public SBA 7(a) lending record for AC CONTRACTING, LLC in Keokuk, IA (All Other Specialty Trade Contractors). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $250K
On record FY2024
1 jobs supported
Industry: All Other Specialty Trade Contractors
Location: Keokuk, IA
Lender: Northeast Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Specialty Trade Contractors businesses in IA for ~$250k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/ac-contracting-llc-ia
API:: https://www.capbench.com/api/public/businesses/ac-contracting-llc-ia
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with AC CONTRACTING, LLC.