Franchise · lender intelligence
How to finance a Junk King in Iowa
The SBA 7(a) lenders funding the most Junk King deals in Iowa, from public loan records — typical Junk King loan about $270K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Junk King in Iowa
$270K
Typical loan
range $270K–$270K
$300K
Est. purchase price
≈ loan ÷ 90%
$40,096
Cash to close
$29,978 down + fees
$3,716/mo
Typical payment
~11% · 10yr
$51,281/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
20 days
Typical time to fund
1
Lenders competing
more = leverage
6%
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 Junk King in Iowa
Ranked by funded Junk King loans in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
No directory lender has enough Junk King loans in Iowa to rank yet. See Junk King lenders nationwide →
1+ funded Junk King 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.
- L.L. Fezz, Inc. in Janesville, IA — $270K (2022) · purchase · Lincoln Savings Bank
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $202K (75%)
- Approval → funding
- 20 days
- Approved
- 1/11/2022
- First disbursed
- 1/31/2022
- Loan status
- Paid in full (1/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Other Waste Collection
If you were the buyer here
- Est. deal size
- $300K
- Est. down payment (10%)
- $30K
- Est. cash at closing
- $40K
- Monthly payment
- $2,995
- Annual debt service
- $36K
- Cash flow needed (1.25×)
- $45K
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 Lincoln Savings Bank
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Buying a Junk King 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.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Junk King loans with a Iowa project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Junk King 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. CapBench is not a lender.
- $270K typical Junk King loan
- 1 lenders active in Iowa
- 1+ funded Iowa deals
- 20 days typical to fund
Buyers buying a Junk King 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-23.
- 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.