SBA lending record

Charleys 542

1451 Coral Ridge Ave, Coralville, IA 52241 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$395K

Total SBA financing

Loan on record

FY2026

On record

Jobs supported

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

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The loan

$395,000 — FY2026

Gross approval: $395,000
SBA guaranteed: $296,250 (75%)
Status: Committed
Rate at approval: 8.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 2/20/2026
Collateral: Required
Jobs supported: 7
Business type: Corporation
Business age: Change of Ownership
Industry: Limited-Service Restaurants
NAICS code: 722513
Lender: Centerstone SBA Lending, Inc.
Address: 1451 Coral Ridge Ave
City: Coralville, 52241
County: Johnson
SBA district office: CEDAR RAPIDS BRANCH OFFICE
Congressional district: 2

The lender

Centerstone SBA Lending, Inc.

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

Find SBA lenders for businesses like this

The banks most active funding limited-service restaurants — by location, industry.

SBA lenders in Iowa Lenders for limited-service restaurants Limited-Service Restaurants lenders in Iowa

Similar businesses

Comparable limited-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Saltyco LLC

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SBA financing: ≈ $897K–$1.5M
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Coffee Emporium LLC

Cedar Rapids, IA· ~20 mi

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$611K
SBA financing: ≈ $1.2M–$2.0M
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Pressed Friends LLC

Iowa City, IA· ~5 mi

Limited-Service Restaurants

$102K
SBA financing: ≈ $199K–$332K
Est. revenue (rough)

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Charlotte LLC

Cedar Rapids, IA· ~23 mi

Limited-Service Restaurants

$628K
SBA financing: ≈ $1.2M–$2.1M
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CENTRAL COAST HOSPITALITY, INC.

Bettendorf, IA· ~60 mi

Limited-Service Restaurants

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Charleys 542 in Coralville, IA (Limited-Service Restaurants). 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 $395K
On record FY2026
7 jobs supported
Industry: Limited-Service Restaurants
Location: Coralville, IA
Lender: Centerstone SBA Lending, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in IA for ~$395k 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/charleys-542-ia
API:: https://www.capbench.com/api/public/businesses/charleys-542-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 Charleys 542.