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Cherokee State Bank — SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Cherokee State Bank.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$3.6M

across all programs

Avg loan size

$150K

median $106K

Top industry

Motor Vehicle Body Manufacturing

4 loans · 17%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$3.6M

Avg size

$150K

Range

$24K – $767K

SBA 504

Loans

Approved

Avg size

Range

—

Top industries funded

See all industries

Motor Vehicle Body Manufacturing

Full-Service Restaurants

"Beer, Wine, and Liquor Stores"

Coin-Operated Laundries and Drycleaners

Corn Farming

Furniture Stores

Loan records · Cherokee State Bank

24 records

Sort:

Borrower

Location

Program

Industry

Better Broadcasting Incorporated Cherokee State Bank

Cherokee, IA

51012

$767,400

$70K

7(a)

Radio Stations

2021-09-07

BROWN AUTO SUPPLY CO.Cherokee State Bank

Cherokee, IA

51012

$433,000

—

7(a)

—

1993-01-14

Phillip Stowater Cherokee State Bank

Cherokee, IA

51012

$279,000

—

7(a)

Other Building Material Dealers

2005-03-29

AGRI-DYNAMICS, INC.Cherokee State Bank

Cherokee, IA

51012

$250,000

—

7(a)

Motor Vehicle Body Manufacturing

1993-10-06

AGRI-DYNAMICS, INC. AND OBECO Cherokee State Bank

Cherokee, IA

51012

$200,000

—

7(a)

Motor Vehicle Body Manufacturing

1995-03-23

AGRI-DYNAMICS, INC.Cherokee State Bank

Cherokee, IA

51012

$200,000

—

7(a)

Motor Vehicle Body Manufacturing

1993-10-07

CMSRX., INC.Cherokee State Bank

Cherokee, IA

51012

$150,000

$30K

7(a)

Pharmacies and Drug Stores

2009-02-27

Godfather's Pizza Cherokee Cherokee State Bank

Cherokee, IA

51012

$150,000

$11K

7(a)

Full-Service Restaurants

2022-10-11

DANNY'S STEAKHOUSE & LOUNGE Cherokee State Bank

Cherokee, IA

51012

$140,000

—

7(a)

—

1993-09-10

EVER CLEAN LAUNDRY Cherokee State Bank

Cherokee, IA

51012

$124,500

—

7(a)

Coin-Operated Laundries and Drycleaners

1991-04-03

AGRI-DYNAMICS, INC.Cherokee State Bank

Cherokee, IA

51012

$120,000

—

7(a)

Motor Vehicle Body Manufacturing

1999-06-30

DANA L. AND LISA A. WOLTMAN Cherokee State Bank

Cherokee, IA

51012

$109,800

—

7(a)

Corn Farming

2002-04-11

LUDVIGSON CHIROPRACTIC, LLC Cherokee State Bank

Cherokee, IA

51012

$102,600

$34K

7(a)

Offices of Chiropractors

2010-02-04

BOYZ-N-BEARIES Cherokee State Bank

Spirit Lake, IA

51360

$89,100

—

7(a)

Full-Service Restaurants

2003-04-25

RASMUSSEN'S CORP.Cherokee State Bank

Cherokee, IA

51012

$80,000

—

7(a)

New Car Dealers

1992-03-26

JUDY'S HALLMARK Cherokee State Bank

Cherokee, IA

51012

$75,000

—

7(a)

—

1992-06-09

CAREY INCORPORATED Cherokee State Bank

Cherokee, IA

51012

$61,721

—

7(a)

Furniture Stores

1999-09-27

FAMILY FOOTWEAR Cherokee State Bank

Cherokee, IA

51012

$56,000

—

7(a)

Shoe Stores

2000-07-05

GOLF ETC.Cherokee State Bank

Cherokee, IA

51012

$44,000

—

7(a)

Sporting Goods Stores

1995-05-18

DR. EVA M. GOETTSCH Cherokee State Bank

Cherokee, IA

51012

$38,000

—

7(a)

Offices of Dentists

1996-10-16

CHUCK'S LIQUOR STORE Cherokee State Bank

Cherokee, IA

51012

$35,000

—

7(a)

"Beer, Wine, and Liquor Stores"

1992-03-27

A & J TV, INC.Cherokee State Bank

Cherokee, IA

51012

$35,000

—

7(a)

—

1996-12-31

TASTE OF COUNTRY Cherokee State Bank

Holstein, IA

51025

$28,000

—

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2003-01-31

CHEROKEE STATIONERY Cherokee State Bank

Cherokee, IA

51012

$24,000

—

7(a)

Office Supplies and Stationery Stores

1991-04-08

Better Broadcasting Incorporated

Cherokee, IA · 51012

$767,400

7(a)

Cherokee State Bank$70K/job · 2021-09-07

BROWN AUTO SUPPLY CO.

Cherokee, IA · 51012

$433,000

7(a)

Cherokee State Bank1993-01-14

Cherokee State Bank2005-03-29

Cherokee State Bank1993-10-06

AGRI-DYNAMICS, INC. AND OBECO

Cherokee, IA · 51012

$200,000

7(a)

Cherokee State Bank1995-03-23

Cherokee State Bank1993-10-07

Cherokee State Bank$30K/job · 2009-02-27

Godfather's Pizza Cherokee

Cherokee, IA · 51012

$150,000

7(a)

Cherokee State Bank$11K/job · 2022-10-11

DANNY'S STEAKHOUSE & LOUNGE

Cherokee, IA · 51012

$140,000

7(a)

Cherokee State Bank1993-09-10

Cherokee State Bank1991-04-03

Cherokee State Bank1999-06-30

DANA L. AND LISA A. WOLTMAN

Cherokee, IA · 51012

$109,800

7(a)

Cherokee State Bank2002-04-11

LUDVIGSON CHIROPRACTIC, LLC

Cherokee, IA · 51012

$102,600

7(a)

Cherokee State Bank$34K/job · 2010-02-04

BOYZ-N-BEARIES

Spirit Lake, IA · 51360

$89,100

7(a)

Cherokee State Bank2003-04-25

Cherokee State Bank1992-03-26

Cherokee State Bank1992-06-09

Cherokee State Bank1999-09-27

Cherokee State Bank2000-07-05

Cherokee State Bank1995-05-18

Cherokee State Bank1996-10-16

Cherokee State Bank1992-03-27

Cherokee State Bank1996-12-31

Cherokee State Bank2003-01-31

Cherokee State Bank1991-04-08

1–24 of 24

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Where Cherokee State Bank lends

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