Food & Restaurants · lender intelligence

How to finance a A&W in Iowa

State:

The SBA 7(a) lenders funding the most A&W deals in Iowa, from public loan records — typical A&W loan about $1.0M. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance A&W in Iowa

$1.50M

Typical loan

range $1.41M–$1.50M

$1.67M

Est. purchase price

≈ loan ÷ 90%

$228,855

Cash to close

$166,667 down + fees

$19,410/mo

Typical payment

~9.5% · 10yr

$267,858/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

137 days

Typical time to fund

Lenders competing

more = leverage

7.25%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with A&W in Iowa

Ranked by funded A&W loans in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.

1.5 loans · $8M · Kent, OHFull record →
2.38 loans · $26M · Richmond City, VAFull record →

2+ funded A&W in Iowa deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

JBB Properties, LLC in Jefferson, IA — $1.5M (2025) · purchase · Atlantic Union Bank
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.1M (75%)
Approval → funding
54 days
Approved
1/15/2025
First disbursed
3/10/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
22
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$1.7M
Est. down payment (10%)
$167K
Est. cash at closing
$229K
Monthly payment
$12,846
Annual debt service
$154K
Cash flow needed (1.25×)
$193K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Atlantic Union Bank · Lender record →
Your business? Claim this record · Request removal
Fuel Express Food Mart Inc. in Dubuque, IA — $1.4M (2021) · purchase · Hometown Bank
Program
7a General
Rate at approval
5.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.1M (75%)
Approval → funding
137 days
Approved
11/19/2020
First disbursed
4/5/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
20
Business age
Change of Ownership
Industry
Gasoline Stations with Convenience Stores
If you were the buyer here
Est. deal size
$1.6M
Est. down payment (10%)
$157K
Est. cash at closing
$215K
Monthly payment
$8,449
Annual debt service
$101K
Cash flow needed (1.25×)
$127K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Hometown Bank · Lender record →
Your business? Claim this record · Request removal

Buying a A&W in Iowa? Start with a lender that funds them here

We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.

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Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

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CapBench analysis of public SBA 7(a) lending records; ranked by funded A&W loans with a Iowa project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a A&W purchase in Iowa with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Iowa deals. Hometown Bank funds the most here. CapBench is not a lender.

$1.0M typical A&W loan
2 lenders active in Iowa
2+ funded Iowa deals
137 days typical to fund

Buyers buying a A&W in Iowa typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All A&W lenders

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/lenders/franchise/a-w/iowa
API:: https://www.capbench.com/api/public/lenders?franchise=a-w
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.