QC businesses share $1M in December SBA loans

Six Corridor companies receive SBA loans in December

The U.S. Small Business Administration has released its monthly approval figures for loans in Iowa for the month of December 2025, and six Corridor companies received loans under the program.According to the SBA report, local companies receiving loans in December are as follows:Russelloy Iron Foundry, LLC of Coralville, which received a loan of $1,321,300, retaining 19 existing jobs.The Cone Shoppe LLC of Monticello, which received a loan of $40…

QC businesses share $1M in December SBA loans

Two Scott County businesses were awarded a total of $1 million from the U.S. Small Business Administration in December 2025. Those Quad Cities loans were among 30 loans worth $20,180,200 that SBA approved for Iowa businesses last month, the SBA’s Iowa office reports.In all, last month participating lenders in the SBA’s two largest lending programs capitalized 16 new and 14 existing Iowa businesses. The report said the loans will create 55 new jo…