Geography · SBA lending record
SBA lenders in Iowa
1,469 SBA 7(a) loans in the last five years, from 178 different lenders. Here is who actually lends here.
Loans, last 5 years
1,469
Lent
$590.2M
last 5 fiscal years
Active lenders
178
wrote at least one loan
Typical loan
$160k
median approved
Default rate
3.4%
nationally 2.1%
Who lends here most
last 5 fiscal years| Lender | Loans in IA | Typical loan | Typical rate |
|---|---|---|---|
| U.S. Bank, National Association | 191 | $30k | P+3.53 |
| Farmers State Bank | 81 | $150k | P+1.54 |
| Lincoln Savings Bank | 74 | $270k | P+2.59 |
| Community 1st CU | 53 | $63k | P+0.47 |
| Nicolet National Bank | 50 | $167k | P+1.99 |
| Northwest Bank | 45 | $162k | P+0.98 |
| The Huntington National Bank | 44 | $310k | P+2.48 |
| United Bank of Iowa · too few loans nationally for a page | 35 | $170k | P+0.79 |
| Hills Bank and Trust Company · too few loans nationally for a page | 35 | $150k | P+0.52 |
| Wells Fargo Bank National Association | 32 | $15k | P+5.58 |
Volume is not quality — but a lender who does hundreds of deals in your state knows your market, and probably your industry too.
What gets funded here
by industryHow big the loans are
If your need sits in a band that barely exists here, widen your search to national lenders rather than assuming nobody will do it.
Next
Compare all lenders → Check your eligibility → Find your industry →
Source SBA 7(a) FOIA
Released 2026-06-30
Basis where the project is, not where the bank is
SBA lending in other states
Kentucky · 1,851Louisiana · 1,807Kansas · 1,695Alabama · 1,665Maine · 1,304Mississippi · 1,279Nebraska · 1,266Arkansas · 1,193
States with comparable volume, plus the three largest markets.