BoldStep Strategies Inc.
BoldStep Strategies Inc. is a furniture retail business in Fort Dodge, Iowa, classified under NAICS 449110 (Furniture Retailers). The company was financed with an SBA 7(a) loan for a change of ownership of $1,510,500, approved by Bell Bank on December 30, 2025.
SBA 7(a) loan, change of ownership, approved Dec 30, 2025
- Gross approval
- $1,510,500
- SBA-guaranteed amount
- $1,132,875 (75% of the approval)
- Lender
- Bell Bank, Fargo, ND
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $18,931 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 7, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Franchise
- Slumberland Furniture
- Project location
- Webster County, IA
- SBA district office
- Des Moines District Office
- Congressional district
- IA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 48% of acquisition loans in Furniture Retailers on this site.
- Average acquisition loan in Furniture Retailers: $1,875,127.
- Average acquisition loan in Iowa: $1,701,244.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Iowa
- TomCat Davenport LLC, Davenport
- Japenga Furnishings Inc., Coralville