# Lucky's on 16th, LLC, CEDAR RAPIDS IA: $262,900 SBA 7(a) loan approved 2026-09-11

**Fresh Capital Score:** 60/100

| Field | Value |
|---|---|
| Business | Lucky's on 16th, LLC |
| Location | CEDAR RAPIDS, IA, 52404 |
| County | LINN |
| Program | SBA 7(a) |
| Gross approval | $262,900 |
| SBA guaranteed | $197,175 |
| Approved | 2026-09-11 |
| Lender | Cedar Rapids Bank and Trust Company |
| Term (months) | 120 |
| Industry | Full-Service Restaurants |
| NAICS | 722511 |
| Business type | CORPORATION |
| Business age | Existing or more than 2 years old |
| Jobs supported | 30 |

## Why this score
- Approval of $262,900.
- Among the newest approvals in the latest SBA release.
- 30 jobs supported.

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.