SBA lending record
Precision Nails, LLC
7009 NORDIC DR, Cedar Falls, IA 50613 · Nail Salons. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$25K
Total SBA financing
1
Loan on record
FY2023
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$25,000 — FY2023
- Gross approval
- $25,000
- SBA guaranteed
- $21,250 (85%)
- Status
- Current
- Rate at approval
- 9.35% f
- Term
- 60 mo (5 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/27/2023
- First disbursement
- 9/29/2023
- Days to fund
- 2 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Nail Salons
- NAICS code
- 812113
- Lender
- Farmers State Bank
- Address
- 7009 NORDIC DR
- City
- Cedar Falls, 50613
- County
- Black Hawk
- SBA district office
- CEDAR RAPIDS BRANCH OFFICE
- Congressional district
- 1
The lender
Find SBA lenders for businesses like this
The banks most active funding nail salons — by location, industry.
Similar businesses
Comparable nail salons in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
VO LLC dba VIP NAILS
Cedar Falls, IA· ~2 mi
Nail Salons
- $140K
- SBA financing
- ≈ $275K–$458K
- Est. revenue (rough)
PRETTY NAILS
Davenport, IA· ~114 mi
Nail Salons
- $30K
- SBA financing
- ≈ $59K–$98K
- Est. revenue (rough)
LA CALIFORNIA NAILS INC
Des Moines, IA· ~87 mi
Nail Salons
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Nails by Kim
Rochester, MN· ~110 mi
Nail Salons
- $28K
- SBA financing
- ≈ $55K–$92K
- Est. revenue (rough)
METALLICS NAILS, LLC
Omaha, NE· ~211 mi
Nail Salons
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
NAIL PARADISE INC
Melrose Park, IL· ~238 mi
Nail Salons
- $30K
- SBA financing
- ≈ $59K–$98K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Precision Nails, LLC in Cedar Falls, IA (Nail Salons). 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 $25K
- On record FY2023
- 2 jobs supported
- Industry: Nail Salons
- Location: Cedar Falls, IA
- Lender: Farmers State Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Nail Salons businesses in IA for ~$25k 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 Precision Nails, LLC.