# 120 Rentals, LLC, Oelwein IA: $1,425,000 SBA 7(a) loan approved 2026-09-23

**Fresh Capital Score:** 70/100

| Field | Value |
|---|---|
| Business | 120 Rentals, LLC |
| Location | Oelwein, IA, 50662 |
| County | FAYETTE |
| Program | SBA 7(a) |
| Gross approval | $1,425,000 |
| SBA guaranteed | $1,068,750 |
| Approved | 2026-09-23 |
| Lender | Community Bank of Oelwein |
| Term (months) | 120 |
| Industry | Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing |
| NAICS | 532120 |
| Business type | CORPORATION |
| Business age | New Business or 2 years or less |
| Jobs supported | 3 |

## Why this score
- Approval of $500K or more.
- Among the newest approvals in the latest SBA release.
- New business: still buying services and equipment.

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.