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SBA lending record

Seneca Foundry, Inc.

240 MacKinlay Kantor Dr., Webster City, IA 50595 · Iron Foundries. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$4.6M

Total SBA financing

2

Loans on record

FY2025

On record

110

Jobs supported

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

Is Seneca Foundry, Inc. your business?

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All 2 loans

$3,440,000 — FY2025

Loan 1 of 2
Gross approval
$3,440,000
SBA guaranteed
$2,580,000 (75%)
Status
Current
Rate at approval
6.7% v
Term
156 mo (13 yr)
Program
7a General
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
11/12/2024
First disbursement
12/5/2024
Days to fund
23 days
Collateral
Required
Jobs supported
55
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Iron Foundries
NAICS code
331511
Address
240 MacKinlay Kantor Dr.
City
Webster City, 50595
County
Hamilton
SBA district office
DES MOINES DISTRICT OFFICE
Congressional district
4

$1,172,000 — FY2025

Loan 2 of 2
Gross approval
$1,172,000
SBA guaranteed
$879,000 (75%)
Status
Current
Rate at approval
6.7% v
Term
120 mo (10 yr)
Program
7a General
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
11/12/2024
First disbursement
12/5/2024
Days to fund
23 days
Collateral
Required
Jobs supported
55
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Iron Foundries
NAICS code
331511
Address
240 Mackinlay Kantor Dr
City
Webster City, 50595
County
Hamilton
SBA district office
DES MOINES DISTRICT OFFICE
Congressional district
4

The lender

Availa Bank

2 loans to this business

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The banks most active funding iron foundries — by location, industry.

Similar businesses

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

Agent summary

This page summarizes the public SBA 7(a) lending record for Seneca Foundry, Inc. in Webster City, IA (Iron Foundries). 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 $4.6M
  • On record FY2025
  • 110 jobs supported
  • Industry: Iron Foundries
  • Location: Webster City, IA
  • Lender: Availa Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Iron Foundries businesses in IA for ~$2.3M 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.
  • 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 Seneca Foundry, Inc..

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