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How to finance a Servpro in Iowa

State:

The SBA 7(a) lenders funding the most Servpro deals in Iowa, from public loan records — typical Servpro loan about $500K. A bank already funding the brand in your state knows it twice over.

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

$200K

Typical loan

range $150K–$1.40M

$222K

Est. purchase price

≈ loan ÷ 90%

$29,722

Cash to close

$22,222 down + fees

$2,928/mo

Typical payment

~12.5% · 10yr

$40,406/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

44 days

Typical time to fund

Lenders competing

more = leverage

6.4%

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 Servpro in Iowa

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

No directory lender has enough Servpro loans in Iowa to rank yet. See Servpro lenders nationwide →

3+ funded Servpro 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.

Teggatz Enterprises, Inc. in Mason City, IA — $150K (2025) · Clear Lake Bank & Trust Company
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
7.5% variable
Term
13 months
SBA guaranteed
$75K (50%)
Approval → funding
123 days
Approved
8/1/2025
First disbursed
12/2/2025
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
9
Business age
Existing or more than 2 years old
Industry
Janitorial Services
Funded by Clear Lake Bank & Trust Company
Your business? Claim this record · Request removal
Teggatz Enterprises, Inc. in Mason City, IA — $1.4M (2022) · purchase · Clear Lake Bank & Trust Company
Program
Preferred Lenders Program
Rate at approval
5.2% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.0M (75%)
Approval → funding
44 days
Approved
7/19/2022
First disbursed
9/1/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
39
Business age
Change of Ownership
Industry
Remediation Services
If you were the buyer here
Est. deal size
$1.6M
Est. down payment (10%)
$155K
Est. cash at closing
$213K
Monthly payment
$14,952
Annual debt service
$179K
Cash flow needed (1.25×)
$224K
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 Clear Lake Bank & Trust Company
Your business? Claim this record · Request removal
Teggatz Enterprises, Inc. in Mason City, IA — $200K (2022) · purchase · Clear Lake Bank & Trust Company
Program
Standard Asset Base Working Capital Line
Subprogram
Standard Asset Based
Rate at approval
6.5% variable
Term
96 mo (8 yrs)
SBA guaranteed
$150K (75%)
Approval → funding
7 days
Approved
8/16/2022
First disbursed
8/23/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
39
Business age
Change of Ownership
Industry
Remediation Services
If you were the buyer here
Est. deal size
$222K
Est. down payment (10%)
$22K
Est. cash at closing
$30K
Monthly payment
$2,677
Annual debt service
$32K
Cash flow needed (1.25×)
$40K
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 Clear Lake Bank & Trust Company
Your business? Claim this record · Request removal

Buying a Servpro 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.

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 Servpro loans with a Iowa project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Servpro 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.

$500K typical Servpro loan
1 lenders active in Iowa
3+ funded Iowa deals
44 days typical to fund

Buyers buying a Servpro 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 Servpro 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/servpro/iowa
API:: https://www.capbench.com/api/public/lenders?franchise=servpro
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.