SBA lending record
BATEY, LTD
2841 Kentucky Ave, Mount Pleasant, IA 52641 · Sawmills. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$854K
Total SBA financing
1
Loan on record
FY2020
On record
52
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$853,900 — FY2020
- Gross approval
- $853,900
- SBA guaranteed
- $640,425 (75%)
- Status
- Cancelled
- Rate at approval
- 6.25% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/10/2020
- Collateral
- Required
- Jobs supported
- 52
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Sawmills
- NAICS code
- 321113
- Lender
- Nicolet National Bank
- Address
- 2841 Kentucky Ave
- City
- Mount Pleasant, 52641
- County
- Henry
- SBA district office
- CEDAR RAPIDS BRANCH OFFICE
- Congressional district
- 2
The lender
Find SBA lenders for businesses like this
The banks most active funding sawmills — by location, industry.
Similar businesses
Comparable sawmills in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
MILLWOOD LUMBER, INC.
Gnadenhutten, OH· ~531 mi
Sawmills
- $596K
- SBA financing
- ≈ $1.2M–$1.9M
- Est. revenue (rough)
Kendrick, Inc.
Edgewood, IA· ~121 mi
Sawmills
- $2.5M
- SBA financing
- ≈ $4.9M–$8.2M
- Est. revenue (rough)
Zooks Logging Partnership
Addison, NY· ~741 mi
Sawmills
- $396K
- SBA financing
- ≈ $776K–$1.3M
- Est. revenue (rough)
Rolling Ridge Woods Limited
Millersburg, OH· ~506 mi
Sawmills
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Russell Bass & Sons Lumber, LLC
Hancock, NY· ~845 mi
Sawmills
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
Yoder Lumber Company Inc.
Millersburg, OH· ~506 mi
Sawmills
- $2.0M
- SBA financing
- ≈ $3.9M–$6.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for BATEY, LTD in Mount Pleasant, IA (Sawmills). 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 $854K
- On record FY2020
- 52 jobs supported
- Industry: Sawmills
- Location: Mount Pleasant, IA
- Lender: Nicolet National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Sawmills businesses in IA for ~$854k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- 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.
- 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 BATEY, LTD.