Completed Projects

Following is a listing of recent projects that IBGC has completed.

Project Partner Bank SBA Total A & K Ritchie Funeral Home Bank Iowa 375,000 270,000 750,000 Aeron Advanced Manufacturing, LLC Wells Fargo Bank 350,000 288,000 700,000 Aeron Advanced Manufacturing, LLC Wells Fargo Bank 236,500 195,000 473,000 Automotive Electronics, Inc. Hills Bank & Trust 135,000 112,000 270,000 Bianchi's Hilltop Restaurant Wells Fargo SBA Lending 420,000 303,000 840,000 Bochner Confections, Inc. Cedar Rapids Bank & Trust Co. 1,250,000 1,023,000 2,500,000 Building Blocks, Inc. F & M Bank 125,000 104,000 250,000 Burlington Family EyeCare Two Rivers Bank 352,500 290,000 705,000 Cabin Coffee Company Titonka Savings Bank 115,500 84,000 231,000 Carter Chrislynn Corporation Northwest Bank & Trust Co. 103,500 108,000 261,000 Clear View Eye Clinic, Inc. Northwoods State Bank 171,000.00 124,000.00 342,000.00 Comes Enterprises, Inc. West Bank 775,000 558,000 1,550,000 Comfort Concepts QCA, LLC First Central State Bank 190,000.00 158,000.00 380,000.00 Darrah's, Inc. Farmers State Bank 960,000.00 823,000.00 2,000,000.00 Dave's Pro Auto, L.L.C. VisionBank 510,000.00 368,000.00 1,020,000.00 Dawn Enterprises LTD. Iowa State Bank 320,000 264,000 640,000 Debra's School of Dance Carroll County State Bank 175,000.00 145,000.00 350,000.00 DRC Investments, Inc. West Bank 875,000.00 630,000.00 1,750,000.00 Edgewood Do It Best Hardware Farmers State Bank 363,000 298,000 736,000 Edwards Graphic Arts, Inc. West Bank 1,166,000 959,000 2,332,000 Equipoise Accounting & Finance First Federal Savings Bank 85,000.00 71,000.00 170,000.00 Family Auto Center, Inc. Farmers State Bank 275,000.00 227,000.00 550,000.00 Fike's Auto Repair First Citizens National Bank 94,250.00 69,000.00 188,500.00 Five Star Industries, Inc. Iowa State Savings Bank 410,000 338,000 820,000 Fuller Family Dental, P.C. LLC Union Bank 217,500 158,000 435,000 Good Auto's Hills Bank & Trust 287,000.00 237,000.00 574,000.00 Graening-Knights, L.C. First National Bank 589,000 483,000 1,178,000 Holiday Inn Express Peoples Bank 2,162,155.00 1,067,000.00 4,324,310.00 Holmes Chevrolet Inc. West Bank 4,106,700.00 2,000,000.00 7,250,300.00 Innovative Lighting, Inc. State Bank & Trust Co. 610,000 615,000 1,516,400 Integrity Printing LLC State Savings Bank 311,000 257,000 622,000 Johnston Dental Charter Bank 795,000 654,000 1,590,000 JSBB Pork Iowa State Bank 265,250.00 192,000.00 530,500.00 Kuder, Inc. Great Western Bank 1,482,500 1,219,000 2,965,000 La Mesa on Q Street, Inc. Bank of Nebraska 867,500 710,000 1,735,000 La Quercia, L.L.C. Great Western Bank 1,250,000 895,000 2,500,000 La Quercia, L.L.C. Great Western Bank 175,000 144,000 350,000 Lifestyle Gallery, Inc. Union State Bank 110,000 91,000 220,000 McLaurin True Value Hardware West Chester Savings Bank 102,500 85,000 205,000 Meyer Truck & Alignment, Inc. First National Bank 223,912.50 185,000.00 447,825.00 Midwest Rod & Restoration MidWestOne Bank 150,000 125,000 300,000 Millburn, Inc. Fidelity Bank and Trust 326,000 268,000 652,000 Mineral City Mill & Grill Citizens State Bank 444,250.00 366,000.00 888,500.00 Olderog Wholesale Tire, Inc. Quad City Bank & Trust 247,500 205,000 495,000 Olson Recreation II, Inc. Union State Bank 457,500.00 330,000.00 915,000.00 Pella Precast Products, Inc. Leighton State Bank 240,000 199,000 480,000 Performance Display Leighton State Bank 1,250,000 1,023,000 2,500,000 Pizza Ranch of Ames, LLC Valley Bank 620,000 447,000 1,240,000 Pizza Ranch of Mt. Pleasant, Inc. MidWestOne Bank 474,000 391,000 948,000 Pleasure Pool Co. of Iowa First Central State Bank 880,000 721,000 1,760,000 Precision Machine and Manufacturing Co. Wells Fargo Bank, N.A. 2,500,000 2,219,000 5,400,000 Premier Pork, LLC #1 Farmers State Bank 344,500 212,000 689,000 Premier Pork, LLC #2 Farmers State Bank 344,500 212,000 689,000 Premier Pork, LLC #3 Farmers State Bank 354,500 219,000 709,000 Protein Resources, LLC Bremer Bank 81,000 59,000 162,000 Protein Resources, LLC Bremer Bank 382,700 275,000 765,400 Quality Inn Liberty Bank 1,388,888 995,000 2,777,777 Rick's Wreck Repair First Central State Bank 80,000 67,000 160,000 River Basin Publications, LLC MdwestOne Bank 329,500.00 271,000.00 659,000.00 River Junction Trade Co. Central State Bank 195,200 122,000 390,400 Smile Shoppe, P.C. US Bank 474,000 475,000 1,153,675 Soleil Tan Spa 73rd, LLC West Bank 1,020,000 839,000 2,040,000 Super 8 Motel Great Southern Bank 1,047,500.00 754,000.00 2,095,000.00 Super 8 Motel First Central State Bank 650,000.00 469,000.00 1,300,000.00 Super 8 Motel Comeria Bank 792,500.00 487,000.00 1,585,000.00 Swanson Construction Co. Northwest Bank and Trust Company 180,000 149,000 360,000 T & B Enterprises, Inc. Commercial Savings Bank 463,500 382,000 927,000 Taco John's of Mason City Wells Fargo Bank 642,400 527,000 1,284,800 The Identity Group, Inc. Vantus Bank 265,000 218,000 530,000 Thompson Auto Care, Inc. Ackley State Bank 327,778 269,000 655,556 Twisters Gymnastics, Inc. Hills Bank & Trust 175,000 127,000 350,000 Wallace Auto Supply Co. First State Bank 168,500.00 137,000.00 337,000.00 Westside Tire Co., Inc. Farmers State Bank $333,500 $274,000 $667,000 Wings USA Management Wells Fargo SBA Lending 1,600,000 1,151,000 3,200,000