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SBA backs $9.2M in central Iowa loans


The U.S. Small Business Administration guaranteed 15 private loans for a combined $9.2 million in Central Iowa in March.

The companies plan to create a combined 75 jobs and retain 221. 

Among the largest loans guaranteed were: 

— $1.9 million for Two Rivers Glass and Door Inc. of West Des Moines, which plans to create 23 jobs.

— $1.6 million for TNT Enterprise, Inc., a landscape architecture firm, which plans to create six jobs. 

— $1.5 million for Ankeny Urban Air LLC in Ankeny, which will retain 70 jobs at the amusement and recreation business.

— $1.4 million for Om Shree Yogi LLC of Des Moines, a restaurant that will create 25 jobs.

The Central Iowa figures cover Polk, Story, Boone, Dallas, Madison, Warren, Marion, Jasper and Marshall counties.

Statewide, the SBA backed 30 loans for $17.3 million to Iowa businesses, 18 new and 12 existing. The companies combined planned to create 166 new jobs and to retain 341.

See the complete listing of Central Iowa SBA loans. (Insider)

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