SBA lending record

JKM Midway LC

2640 Stange Rd, Ames, IA 50010 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$75K

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

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

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The loan

$75,000 — FY2021

Gross approval: $75,000
SBA guaranteed: $56,250 (75%)
Status: Paid in full
Rate at approval: 6.5% f
Term: 47 mo (4 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/16/2021
First disbursement: 4/30/2021
Days to fund: 73 days
Paid in full: 3/31/2025
Collateral: Required
Jobs supported: 15
Business type: Individual
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Midwest Heritage Bank, F.S.B.
Address: 2640 Stange Rd
City: Ames, 50010
County: Story
SBA district office: DES MOINES DISTRICT OFFICE
Congressional district: 4

The lender

Midwest Heritage Bank, F.S.B.

1 loan to this business

Find SBA lenders for businesses like this

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

SBA lenders in Iowa Lenders for full-service restaurants Full-Service Restaurants lenders in Iowa

Similar businesses

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

Des Moines Rock City, LLC

Pella, IA· ~57 mi

Full-Service Restaurants

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

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FIFTH HOUSE, LLC

Omaha, NE· ~132 mi

Full-Service Restaurants

$98K
SBA financing: ≈ $193K–$321K
Est. revenue (rough)

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H Bar D Properties, L.L.C.

Corydon, IA· ~91 mi

Full-Service Restaurants

$90K
SBA financing: ≈ $175K–$292K
Est. revenue (rough)

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Ramonas Mexican Restaurant, L.L.C.

Omaha, NE· ~129 mi

Full-Service Restaurants

$75K
SBA financing: ≈ $147K–$245K
Est. revenue (rough)

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TEQUILA GRILL BLOOMFIELD LLC

Bloomfield, IA· ~110 mi

Full-Service Restaurants

$40K
SBA financing: ≈ $78K–$131K
Est. revenue (rough)

View record

Korea King

Omaha, NE· ~138 mi

Full-Service Restaurants

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for JKM Midway LC in Ames, IA (Full-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 $75K
On record FY2021
15 jobs supported
Industry: Full-Service Restaurants
Location: Ames, IA
Lender: Midwest Heritage Bank, F.S.B.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in IA for ~$75k 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 2026-06-24.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/jkm-midway-lc-ia
API:: https://www.capbench.com/api/public/businesses/jkm-midway-lc-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 JKM Midway LC.