SBA lending record

TEG, LLC

950 CAPITAL DR SW, Cedar Rapids, IA 52404 · Direct Mail Advertising. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$675K

Total SBA financing

Loans on record

FY2024

On record

Jobs supported

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

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All 2 loans

$150,000 — FY2024

Loan 1 of 2

Gross approval: $150,000
SBA guaranteed: $75,000 (50%)
Status: Committed
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Business purchase
Approved: 6/14/2024
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Change of Ownership
Industry: Direct Mail Advertising
NAICS code: 541860
Lender: Live Oak Banking Company
Address: 950 CAPITAL DR SW
City: Cedar Rapids, 52404
County: Linn
SBA district office: CEDAR RAPIDS BRANCH OFFICE
Congressional district: 1

$525,000 — FY2024

Loan 2 of 2

Gross approval: $525,000
SBA guaranteed: $393,750 (75%)
Status: Current
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 6/14/2024
First disbursement: 7/2/2024
Days to fund: 18 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 2
Business type: Corporation
Business age: Change of Ownership
Industry: Direct Mail Advertising
NAICS code: 541860
Lender: Live Oak Banking Company
Address: 950 CAPITAL DR SW
City: Cedar Rapids, 52404
County: Linn
SBA district office: CEDAR RAPIDS BRANCH OFFICE
Congressional district: 1

The lender

Live Oak Banking Company

2 loans to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding direct mail advertising — by location, industry.

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Agent summary

This page summarizes the public SBA 7(a) lending record for TEG, LLC in Cedar Rapids, IA (Direct Mail Advertising). 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 $675K
On record FY2024
4 jobs supported
Industry: Direct Mail Advertising
Location: Cedar Rapids, IA
Lender: Live Oak Banking Company

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Direct Mail Advertising businesses in IA for ~$338k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/teg-llc-ia
API:: https://www.capbench.com/api/public/businesses/teg-llc-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 TEG, LLC.