Top Industries Financed
- Child Day Care Services
- Limited-Service Restaurants
- Hotels (except Casino Hotels) and Motels
- Offices of Dentists
- Full-Service Restaurants
Quick Summary
Iowa Business Growth Company is an SBA-certified Certified Development Company (CDC) headquartered in Johnston, Iowa. Since 2010, they have approved 500 SBA 504 loans totaling $319.8M, with an average loan size of $640K. They serve businesses across 3 states.
About Iowa Business Growth Company
Iowa Business Growth Company is an SBA-certified Certified Development Company (CDC) headquartered in Johnston, Iowa. Since 2010, they have approved 500 SBA 504 loans totaling $319.8M, with an average loan size of $640K. They serve businesses across 3 states.
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Frequently Asked Questions
What does Iowa Business Growth Company do?
Iowa Business Growth Company is an SBA-certified Certified Development Company (CDC) based in Johnston, Iowa. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Iowa Business Growth Company handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Iowa Business Growth Company approved?
According to SBA FOIA public records, Iowa Business Growth Company has approved 500 SBA 504 loans totaling $319.8M since 2010. Their average loan size is $640K.
What states does Iowa Business Growth Company serve?
Iowa Business Growth Company serves businesses in 3 states: Iowa, Illinois, Nebraska.
How do I apply for an SBA 504 loan through Iowa Business Growth Company?
To apply for an SBA 504 loan through Iowa Business Growth Company, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
Get in Touch with This CDC
Contact Iowa Business Growth Company
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