Working with Scott, I could tell he has a lot of experience in SBA lending. He was very helpful along the way and gave me all the information up front as to what to expect and what was needed on my end. I would absolutely recommend Scott and Dogwood State Bank to other small business owners. Their rates are competitive and their preferred lender status allows them to approve loans on their own, which helped expedite the process.
Client Profile
Nerdspeak Brewery is a craft brewery located in Bettendorf, Iowa, offering the gamut of craft beer types, from IPA’s and sours to a unique offering of Belgian-style beers. Owner Aaron Ickes draws on his love of 1980’s pop culture, incorporating movies, music, and games of all types into the brewery’s retro vibe, with craft beers named for favorite movie quotes. A newly renovated industrial space in the Quad Cities area will serve as home base for the brewery and taproom, doubling as a music venue for local music talent and event space featuring events like trivia nights. The taproom will offer top-quality pints, tasting flights, growlers for carry out and merchandise.
Loan Profile
Aaron Ickes began his career as an engineer and eventually transitioned over into supply chain management, receiving his MBA in 2009. After spending 20 years in corporate America, Aaron was ready to start a business of his own. A long-time homebrewing enthusiast, Aaron saw an opportunity in the industry to combine his interests and start a brewery of his own. Upon finding the right location, Aaron and his wife, Stacey were ready to jumpstart their business endeavor. Aaron was introduced to Scott Birkner at Dogwood State Bank after struggling to find a local bank that would finance the entirety of the project. Together, they decided to move forward with an SBA 7(a) Loan. As a first-time entrepreneur, Aaron was drawn to the government-backed SBA Program for the flexibility it offers and the ability to combine multiple uses of proceeds into one loan solution, financing both the construction and the equipment needed for the project. Ultimately, the SBA loan allowed business owners Aaron and Stacey to make their dream of owning a craft brewery a reality.
If you or a small business you know are interested in pursuing an SBA loan, do not hesitate to reach out. To learn more about our SBA Loan Programs and get to know Business Lending Specialist, Scott Birkner, visit our website. Small business is big business at Dogwood State Bank and we look forward to helping you make your goals a reality.
