Lender intelligence
Financing a shoe stores acquisition in Iowa
The SBA 7(a) lenders funding the most shoe stores acquisitions in Iowa, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance shoe stores in Iowa
$59K
Typical loan
range $59K–$59K
$66K
Est. purchase price
≈ loan ÷ 90%
$8,444
Cash to close
$6,556 down + fees
$864/mo
Typical payment
~12.5% · 10yr
$11,923/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
90 days
Typical time to fund
1
Lenders competing
more = leverage
5%
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 in shoe stores · Iowa
Ranked by funded shoe stores acquisitions in Iowa. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public shoe stores loan history in Iowa to rank lenders yet. See shoe stores lenders nationwide →
1+ funded Shoe Stores 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.
- Austin Mark Drey in Ida Grove, IA — $59K (2020) · purchase · United Bank of Iowa
- Program
- Preferred Lenders Program
- Rate at approval
- 5% fixed
- Term
- 239 months
- SBA guaranteed
- $50K (85%)
- Approval → funding
- 90 days
- Approved
- 3/2/2020
- First disbursed
- 5/31/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Individual
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Shoe Stores
If you were the buyer here
- Est. deal size
- $66K
- Est. down payment (10%)
- $7K
- Est. cash at closing
- $8K
- Monthly payment
- $390
- Annual debt service
- $5K
- Cash flow needed (1.25×)
- $6K
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 United Bank of Iowa
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to shoe stores businesses with a Iowa project address.
Agent summary
How to finance a shoe stores acquisition in Iowa with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Iowa deals. CapBench is not a lender.
- $404K typical loan
- 1 lenders active in Iowa
- 1+ funded Iowa deals
- 90 days typical to fund
Buyers buying a shoe stores in Iowa typically pre-qualify, then ask CapBench to introduce a lender active 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.