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SBA Loan Approval Figures for Iowa (December 2025)

The U.S. Small Business Administration (SBA) has recently published its monthly report regarding loan approvals in Iowa for December 2025. Notably, a total of six companies within the Corridor received financial assistance through the SBA’s lending programs, aimed at boosting small businesses in the region.

Companies Receiving Loans

Russelloy Iron Foundry, LLC

Located in Coralville, Russelloy Iron Foundry, LLC received a substantial loan amounting to $1,321,300. This financial support is instrumental in retaining 19 existing jobs, ensuring stability for its workforce and contributing to the local economy.

The Cone Shoppe LLC

Monticello’s own The Cone Shoppe LLC has secured a loan of $400,000. This funding is vital for the establishment’s operations and has helped retain 12 existing jobs, thereby sustaining employment in the community.

Peters Legacy, Inc.

Cedar Rapids-based Peters Legacy, Inc. achieved a loan approval for $597,000. Not only did this funding assist in retaining 63 existing jobs, but it also created eight new jobs, demonstrating the company’s potential for growth and expansion.

Arends Golf, LLC

Also based in Cedar Rapids, Arends Golf, LLC received a loan of $330,000, which enabled the company to create two new jobs. This is a significant step in enhancing local employment opportunities.

White Sand Enterprises LLC

In Hiawatha, White Sand Enterprises LLC was awarded a modest loan of $40,000, which has helped to retain two existing jobs. This support plays a crucial role in maintaining job security for local employees.

JCB Legacy Group, LLC

Marion is home to JCB Legacy Group, LLC, which received a loan of $229,000. This funding has resulted in the creation of three new jobs while also retaining seven existing jobs, further bolstering local employment prospects.

Overall Loan Approvals

In total, the SBA backed 30 loans for an impressive sum of $20,180,200 to various businesses in Iowa using participating lenders. The SBA’s two major lending programs—the 7(a) and 504 programs—successfully capitalized 16 new and 14 existing businesses. Collectively, these initiatives have led to the creation of 55 new jobs and the retention of 316 jobs, signifying a substantial positive impact on the Iowa economy.

About the SBA

The United States Small Business Administration, established in 1953, operates as an independent agency of the U.S. government. Its primary mission is to provide crucial support to entrepreneurs and small businesses, fostering economic growth and job creation across the country.

How AI legalese decoder Can Help

Amidst navigating the complexities associated with small business loans, the AI legalese decoder can serve as an invaluable resource. Many entrepreneurs may find loan agreements filled with intricate legal jargon that can be challenging to decipher. This innovative tool simplifies legal documents, translating them into clear, understandable language.

By utilizing the AI legalese decoder, small business owners can gain a comprehensive understanding of the terms and conditions tied to their financing. This clarity can empower them to make informed decisions, ensuring they maximize the benefits of loans like those provided through the SBA. From comprehending obligations to understanding potential pitfalls, the AI legalese decoder enhances transparency, allowing business owners to focus on what truly matters—their growth and success.

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