SBA lending record
JET DRAIN SERVICES, LLC
1608 Crestwood Cir, Ames, IA 50010 · Water and Sewer Line and Related Structures Construction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$250K
Total SBA financing
2
Loans on record
FY2025–26
On record
15
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$100,000 — FY2026
Loan 1 of 2- Gross approval
- $100,000
- SBA guaranteed
- $85,000 (85%)
- Status
- Committed
- Rate at approval
- 9.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/10/2026
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Plumbing, Heating, and Air-Conditioning Contractors
- NAICS code
- 238220
- Lender
- Northeast Bank
- Address
- 1608 Crestwood Circle
- City
- Ames, 50010
- County
- Story
- SBA district office
- DES MOINES DISTRICT OFFICE
- Congressional district
- 4
$150,000 — FY2025
Loan 2 of 2- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/11/2025
- First disbursement
- 4/28/2025
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Water and Sewer Line and Related Structures Construction
- NAICS code
- 237110
- Lender
- Northeast Bank
- Address
- 1608 Crestwood Cir
- City
- Ames, 50010
- County
- Story
- SBA district office
- DES MOINES DISTRICT OFFICE
- Congressional district
- 4
The lender
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The banks most active funding water and sewer line and related structures construction — by location, industry.
Similar businesses
Comparable water and sewer line and related structures construction 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 JET DRAIN SERVICES, LLC in Ames, IA (Water and Sewer Line and Related Structures Construction). 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.
- 2 SBA 7(a) loans totaling $250K
- On record FY2025–26
- 15 jobs supported
- Industry: Water and Sewer Line and Related Structures Construction
- Location: Ames, IA
- Lender: Northeast Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Water and Sewer Line and Related Structures Construction businesses in IA for ~$125k 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 2026-06-20.
- 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 JET DRAIN SERVICES, LLC.