# Little Waves, LLC, CEDAR RAPIDS IA: $169,000 SBA 7(a) loan approved 2026-07-20

**Fresh Capital Score:** 55/100

| Field | Value |
|---|---|
| Business | Little Waves, LLC |
| Location | CEDAR RAPIDS, IA, 52402 |
| County | LINN |
| Program | SBA 7(a) |
| Gross approval | $169,000 |
| SBA guaranteed | $126,750 |
| Approved | 2026-07-20 |
| Lender | Fifth Third Bank |
| Term (months) | 120 |
| Industry | Sports and Recreation Instruction |
| NAICS | 611620 |
| Franchise | Water Babies |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 11 |

## Why this score
- Approval of $169,000.
- Approved within 90 days of the latest SBA release.
- New business: still buying services and equipment.
- Franchise (Water Babies).

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.