Beauty & Personal Care · lender intelligence

How to finance a Great Clips in Iowa

State:

The SBA 7(a) lenders funding the most Great Clips deals in Iowa, from public loan records — typical Great Clips loan about $300K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Great Clips in Iowa

$110K

Typical loan

range $110K–$110K

$122K

Est. purchase price

≈ loan ÷ 90%

$15,742

Cash to close

$12,222 down + fees

$1,610/mo

Typical payment

~12.5% · 10yr

$22,218/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

19 days

Typical time to fund

Lenders competing

more = leverage

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 Great Clips in Iowa

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

1.2 loans · $1M · Iowa City, IAFull record →

1+ funded Great Clips 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.

Sharpness Inc in Waterloo, IA — $110K (2020) · Farmers and Merchants Savings Bank
Program
Preferred Lenders Program
Rate at approval
6% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$94K (85%)
Approval → funding
19 days
Approved
2/10/2020
First disbursed
2/29/2020
Loan status
Paid in full (7/31/2021)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
99
Business age
Existing or more than 2 years old
Industry
Barber Shops
Funded by Farmers and Merchants Savings Bank · Lender record →
Your business? Claim this record · Request removal

Buying a Great Clips 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.

Free · No documents · Usually same-day

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.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

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

Agent summary

How to finance a Great Clips 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. Farmers and Merchants Savings Bank funds the most here. CapBench is not a lender.

$300K typical Great Clips loan
1 lenders active in Iowa
1+ funded Iowa deals
19 days typical to fund

Buyers buying a Great Clips 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 Great Clips lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-18.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/great-clips/iowa
API:: https://www.capbench.com/api/public/lenders?franchise=great-clips
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.