SBA lending record
Madrid Hardware LLC
215 Southern Prairie Drive, Madrid, IA 50156 · Hardware Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.9M
Total SBA financing
2
Loans on record
FY2023
On record
14
Jobs supported
Franchise brand
True Value Company LLC - Member Agreement
See True Value Company LLC - Member Agreement's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$1,742,000 — FY2023
Loan 1 of 2- Gross approval
- $1,742,000
- SBA guaranteed
- $1,306,500 (75%)
- Status
- Current
- Rate at approval
- 5.75% v
- Term
- 306 mo (26 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/19/2022
- First disbursement
- 11/3/2022
- Days to fund
- 15 days
- Collateral
- Required
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Hardware Retailers
- NAICS code
- 444140
- Franchise
- True Value Company LLC - Member Agreement
- Franchise code
- S2299
- Lender
- City State Bank
- Address
- 215 Southern Prairie Drive
- City
- Madrid, 50156
- County
- Boone
- SBA district office
- DES MOINES DISTRICT OFFICE
- Congressional district
- 3
$125,000 — FY2023
Loan 2 of 2- Gross approval
- $125,000
- SBA guaranteed
- $62,500 (50%)
- Status
- Current
- Rate at approval
- 6.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/26/2022
- First disbursement
- 11/3/2022
- Days to fund
- 8 days
- Collateral
- Required
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Hardware Retailers
- NAICS code
- 444140
- Lender
- City State Bank
- Address
- 215 Southern Prairie Dr
- City
- Madrid, 50156
- County
- Boone
- SBA district office
- DES MOINES DISTRICT OFFICE
- Congressional district
- 3
The lender
Find SBA lenders for businesses like this
The banks most active funding hardware retailers — by location, industry, and brand.
Other True Value Company LLC - Member Agreement locations
Other True Value Company LLC - Member Agreement businesses in the public SBA record — closest first, by location and deal size.
MOODY'S HARDWARE LLC
Spring Hill, KS· ~224 mi
True Value Company LLC - Member Agreement
- $2.2M
- SBA financing
- ≈ $4.4M–$7.3M
- Est. revenue (rough)
BRADS HARDWARE, INC
Mount Vernon, MO· ~330 mi
True Value Company LLC - Member Agreement
- $2.4M
- SBA financing
- ≈ $4.7M–$7.8M
- Est. revenue (rough)
Hoop's Hardware, Inc.
De Pere, WI· ~341 mi
True Value Company LLC - Member Agreement
- $1.3M
- SBA financing
- ≈ $2.6M–$4.3M
- Est. revenue (rough)
FUSEK'S HARDWARE EAST, LLC
Indianapolis, IN· ~433 mi
True Value Company LLC - Member Agreement
- $1.9M
- SBA financing
- ≈ $3.8M–$6.3M
- Est. revenue (rough)
Brady Kristie L.L.C.
Twisp, WA· ~1357 mi
True Value Company LLC - Member Agreement
- $2.2M
- SBA financing
- ≈ $4.4M–$7.3M
- Est. revenue (rough)
Table Rock Hardware Store Inc.
Kimberling City, MO· ~362 mi
True Value Company LLC - Member Agreement
- $2.8M
- SBA financing
- ≈ $5.5M–$9.1M
- Est. revenue (rough)
Similar businesses
Comparable hardware retailers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
SIMMONS TOOLS LLC
Ankeny, IA· ~12 mi
Hardware Retailers
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Crown Hardware & Plumbing Supply, Inc.
Milwaukee, WI· ~312 mi
Hardware Retailers
- $1.5M
- SBA financing
- ≈ $3.0M–$5.0M
- Est. revenue (rough)
Grand Haven Ace LLC
Grand Haven, MI· ~398 mi
Ace Hardware
- $1.8M
- SBA financing
- ≈ $3.5M–$5.8M
- Est. revenue (rough)
Kenosha Hardware North, LLC
Kenosha, WI· ~310 mi
Ace Hardware
- $1.4M
- SBA financing
- ≈ $2.8M–$4.7M
- Est. revenue (rough)
CEDARVILLE HARDWARE LLC
Cedarville, OH· ~543 mi
Hardware Retailers
- $1.8M
- SBA financing
- ≈ $3.5M–$5.8M
- Est. revenue (rough)
LARSEN VENTURES INC.
Holdrege, NE· ~306 mi
Hardware Retailers
- $1.4M
- SBA financing
- ≈ $2.8M–$4.7M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Madrid Hardware LLC in Madrid, IA (Hardware Retailers). 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 $1.9M
- On record FY2023
- 14 jobs supported
- Industry: Hardware Retailers
- Location: Madrid, IA
- Lender: City State Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hardware Retailers businesses in IA for ~$934k 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.
Is Madrid Hardware LLC your business?
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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 Madrid Hardware LLC.