SBA 7(a) lenders in IA

Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.

416 institutions have SBA 7(a) loans on record in IA, together $2.88B across 8,041 loans.

Shaded by rank among this state's counties, on total approvals.lessmore

Hover a county for its totals, click to open it.

Largest lenders

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Cedar Rapids Bank and Trust Company	289	$125.7M	4.4%	2.96%
2	Lincoln Savings Bank	191	$112.6M	3.9%	0.83%
3	Wells Fargo Bank National Association	411	$97.3M	3.4%	4.20%
4	First Interstate Bank	181	$92.5M	3.2%	7.32%
5	Live Oak Banking Company	74	$84.8M	2.9%	0.00%
6	U.S. Bank, National Association	774	$81.6M	2.8%	1.60%
7	Northwest Bank	233	$79.2M	2.7%	3.18%
8	Farmers and Merchants Savings Bank	148	$75.7M	2.6%	3.69%
9	Farmers State Bank	277	$60.7M	2.1%	2.04%
10	Bankers Trust Company	199	$59.6M	2.1%	1.37%
11	Nicolet National Bank	170	$57.9M	2.0%	1.88%
12	First American Bank	146	$55.9M	1.9%	17.77%
13	Byline Bank	44	$46.7M	1.6%	0.70%
14	Quad City Bank and Trust Company	99	$40.9M	1.4%	4.01%
15	Newtek Small Business Finance, Inc.	46	$40.8M	1.4%	2.15%
16	Celtic Bank Corporation	71	$37.9M	1.3%	4.33%
17	The Huntington National Bank	74	$34.8M	1.2%	0.53%
18	NSB Bank	76	$34.2M	1.2%	0.66%
19	Central Bank	50	$34.0M	1.2%	0.96%
20	Readycap Lending, LLC	50	$33.5M	1.2%	3.02%
21	City State Bank	60	$31.0M	1.1%	1.74%
22	First Mid Bank & Trust, National Association	58	$29.4M	1.0%	1.68%
23	Hills Bank and Trust Company	217	$28.9M	1.0%	1.28%
24	Community State Bank	27	$28.3M	1.0%	10.99%
25	Clear Lake Bank & Trust Company	177	$27.8M	1.0%	0.00%
26	First Central State Bank	117	$27.8M	1.0%	1.43%
27	Community Savings Bank	62	$26.8M	0.9%	3.74%
28	United Bank of Iowa	108	$26.2M	0.9%	4.17%
29	TruBank	108	$24.4M	0.8%	4.73%
30	BMO Bank National Association	65	$24.2M	0.8%	0.38%
31	First Citizens Bank	66	$24.0M	0.8%	11.84%
32	Community 1st CU	187	$22.7M	0.8%	1.97%
33	Farmers State Bank	131	$22.1M	0.8%	2.61%
34	VisionBank of Iowa	39	$21.9M	0.8%	4.63%
35	Liberty Bank, FSB	58	$21.1M	0.7%	16.97%
36	Time Bank	119	$21.0M	0.7%	7.10%
37	CBI Bank and Trust	36	$20.0M	0.7%	7.53%
38	Newtek Bank, National Association	49	$19.8M	0.7%	0.00%
39	GBank	9	$19.5M	0.7%	0.00%
40	Northeast Bank	74	$19.2M	0.7%	5.29%
41	United Midwest Savings Bank National Association	49	$18.4M	0.6%	1.39%
42	First Bank	63	$17.7M	0.6%	1.27%
43	West Bank	58	$16.9M	0.6%	0.82%
44	South Story Bank & Trust	16	$16.5M	0.6%	7.61%
45	Kerndt Brothers Savings Bank	28	$16.2M	0.6%	14.58%
46	Bank Iowa	61	$15.8M	0.5%	2.92%
47	Home State Bank	23	$15.5M	0.5%	0.00%
48	Federal Deposit Insurance Corporation	22	$15.0M	0.5%	14.54%
49	UMB Bank, National Association	20	$13.7M	0.5%	1.35%
50	Stearns Bank National Association	32	$13.4M	0.5%	0.00%
51	Liberty National Bank	41	$13.2M	0.5%	2.23%
52	First Internet Bank of Indiana	10	$13.2M	0.5%	0.72%
53	Fortress Bank	12	$12.6M	0.4%	0.00%
54	BankUnited, National Association	11	$12.1M	0.4%	6.01%
55	Availa Bank	27	$12.1M	0.4%	0.46%
56	First Western SBLC, LLC	10	$12.0M	0.4%	8.34%
57	Ohnward Bank & Trust	22	$11.8M	0.4%	1.29%
58	OakStar Bank	9	$11.5M	0.4%	0.00%
59	Raccoon Valley Bank	32	$11.5M	0.4%	0.00%
60	Citizens Bank	8	$11.2M	0.4%	0.00%
61	Heritage Bank, National Association	43	$11.1M	0.4%	7.45%
62	Shoreham Bank	7	$11.1M	0.4%	0.00%
63	TBK Bank, SSB	24	$10.9M	0.4%	0.52%
64	Citizens State Bank	32	$10.6M	0.4%	16.91%
65	Associated Bank National Association	30	$10.5M	0.4%	1.00%
66	First National Bank	29	$10.5M	0.4%	0.50%
67	American State Bank	20	$10.3M	0.4%	0.00%
68	Pathward National Association	4	$9.9M	0.3%	0.00%
69	Midstates Bank, National Association	22	$9.5M	0.3%	0.00%
70	Citizens First Bank	42	$9.2M	0.3%	5.87%
71	Northbrook Bank & Trust Company, National Association	10	$9.2M	0.3%	13.93%
72	First National Bank Ames, Iowa	41	$9.2M	0.3%	18.49%
73	PNC Bank, National Association	13	$9.1M	0.3%	0.00%
74	Columbia Bank	6	$8.9M	0.3%	4.39%
75	Harvest Small Business Finance, LLC	8	$8.9M	0.3%	0.00%
76	BankIowa	29	$8.6M	0.3%	0.00%
77	Freedom Financial Bank	19	$8.6M	0.3%	7.81%
78	Iowa State Bank	27	$8.5M	0.3%	1.66%
79	IH Mississippi Valley Credit Union	25	$8.5M	0.3%	1.91%
80	Everwise Credit Union	3	$8.5M	0.3%	0.00%
81	Truliant FCU	6	$8.5M	0.3%	0.00%
82	First Iowa State Bank	15	$8.4M	0.3%	16.81%
83	First Bank & Trust	7	$8.4M	0.3%	0.00%
84	The Clinton National Bank	37	$8.2M	0.3%	2.71%
85	Charter Bank	16	$8.0M	0.3%	1.03%
86	BayFirst National Bank	48	$8.0M	0.3%	12.73%
87	United Community Bank	11	$7.9M	0.3%	0.00%
88	GreenState CU	14	$7.7M	0.3%	7.49%
89	Climate First Bank	5	$7.7M	0.3%	0.00%
90	Green Belt Bank & Trust	32	$7.6M	0.3%	0.59%
91	Community State Bank	19	$7.6M	0.3%	0.00%
92	Midwest Heritage Bank, F.S.B.	34	$7.5M	0.3%	4.66%
93	Peoples Savings Bank	19	$7.5M	0.3%	1.19%
94	Bank Midwest	44	$7.4M	0.3%	0.00%
95	First National Bank of Omaha	44	$7.4M	0.3%	0.40%
96	BANK	26	$7.2M	0.2%	15.73%
97	State Savings Bank	9	$6.8M	0.2%	1.35%
98	CIBC Bank USA	4	$6.7M	0.2%	0.00%
99	Iowa State Bank	17	$6.6M	0.2%	0.00%
100	Bank Five Nine	8	$6.6M	0.2%	0.00%
101	Leighton State Bank	10	$6.4M	0.2%	9.17%
102	Happen Bank	5	$6.1M	0.2%	0.00%
103	South Ottumwa Savings Bank	18	$5.8M	0.2%	3.62%
104	Iowa Trust and Savings Bank	12	$5.8M	0.2%	0.00%
105	Fairfax State Savings Bank	24	$5.7M	0.2%	2.18%
106	The Bancorp Bank National Association	7	$5.6M	0.2%	16.65%
107	Banc of California	7	$5.5M	0.2%	25.25%
108	Regent Bank	4	$5.4M	0.2%	0.00%
109	Merchants Bank of Indiana	2	$5.3M	0.2%	0.00%
110	Core Bank	4	$5.2M	0.2%	25.06%
111	Falcon National Bank	5	$5.2M	0.2%	15.74%
112	Iowa State Savings Bank	2	$5.0M	0.2%	0.00%
113	First Business Bank	6	$4.9M	0.2%	2.51%
114	TD Bank, National Association	2	$4.9M	0.2%	0.00%
115	Central State Bank	4	$4.9M	0.2%	0.00%
116	The Fidelity Bank	4	$4.9M	0.2%	0.00%
117	Colony Bank	5	$4.8M	0.2%	2.08%
118	Fidelity Bank & Trust	32	$4.7M	0.2%	5.82%
119	East West Bank	3	$4.7M	0.2%	0.00%
120	BankFirst	7	$4.7M	0.2%	0.00%
121	First Financial Bank	5	$4.5M	0.2%	0.00%
122	Beacon Bank and Trust	3	$4.5M	0.2%	0.00%
123	TS Bank	7	$4.4M	0.2%	28.78%
124	Westside State Bank	13	$4.3M	0.1%	33.05%
125	Guthrie County State Bank	11	$4.3M	0.1%	0.00%
126	Farmers Savings Bank	8	$4.3M	0.1%	0.00%
127	Central State Bank	15	$4.2M	0.1%	20.00%
128	FNNB Bank	6	$4.2M	0.1%	0.00%
129	Millennium Bank	4	$4.2M	0.1%	0.00%
130	Collins Community Credit Union	28	$4.2M	0.1%	6.49%
131	Peoples Bank	11	$4.2M	0.1%	7.78%
132	T Bank, National Association	3	$4.1M	0.1%	0.00%
133	Veridian Credit Union	16	$4.0M	0.1%	20.80%
134	Bank Iowa	7	$3.9M	0.1%	2.63%
135	Old National Bank	6	$3.9M	0.1%	0.00%
136	Enterprise Bank	2	$3.9M	0.1%	0.00%
137	Capital Bank, National Association	6	$3.9M	0.1%	0.00%
138	Union Bank and Trust Company	13	$3.8M	0.1%	4.39%
139	Alerus Financial, National Association	3	$3.7M	0.1%	0.00%
140	Security Savings Bank	13	$3.7M	0.1%	0.00%
141	Touchmark National Bank	1	$3.6M	0.1%	0.00%
142	Bell Bank	4	$3.6M	0.1%	0.00%
143	Heartland Bank	11	$3.6M	0.1%	0.00%
144	Denver Savings Bank	8	$3.6M	0.1%	0.00%
145	First Bank	2	$3.5M	0.1%	0.00%
146	Great Southern Bank	34	$3.4M	0.1%	8.81%
147	Keystone Savings Bank	3	$3.4M	0.1%	0.00%
148	IncredibleBank	4	$3.4M	0.1%	0.00%
149	Lendistry SBLC, LLC	14	$3.3M	0.1%	0.00%
150	Farmers and Merchants State Bank	10	$3.2M	0.1%	0.00%
151	FDIC - Community Bank & Trust-West Georgia	1	$3.2M	0.1%	0.00%
152	Royal Business Bank	1	$3.2M	0.1%	50.97%
153	American Bank and Trust	2	$3.1M	0.1%	0.00%
154	BankOrion	4	$3.1M	0.1%	0.00%
155	GBC International Bank	2	$3.0M	0.1%	0.00%
156	HomeTrust Bank	3	$2.9M	0.1%	0.00%
157	Pioneer Bank	2	$2.9M	0.1%	0.00%
158	First State Bank	4	$2.8M	0.1%	0.00%
159	Farmers Savings Bank & Trust	9	$2.8M	0.1%	1.28%
160	OptimumBank	1	$2.8M	0.1%	0.00%
161	CRF Small Business Loan Company, LLC	3	$2.7M	0.1%	59.73%
162	Security National Bank of Omaha	6	$2.6M	0.1%	0.00%
163	Glenwood State Bank	5	$2.5M	0.1%	0.00%
164	TowneBank	4	$2.5M	0.1%	0.00%
165	Citizens Savings Bank	2	$2.5M	0.1%	0.00%
166	The Freedom Bank of Virginia	1	$2.5M	0.1%	0.00%
167	Peoples Savings Bank	5	$2.5M	0.1%	20.55%
168	First State Bank	19	$2.5M	0.1%	0.00%
169	22nd State Bank, A Division of 22nd State Banking Company	2	$2.5M	0.1%	0.00%
170	Security State Bank	4	$2.5M	0.1%	0.00%
171	Adams Bank & Trust	3	$2.4M	0.1%	0.00%
172	De Witt Bank & Trust Co.	8	$2.4M	0.1%	0.00%
173	Premier CU	3	$2.4M	0.1%	0.00%
174	Fund-Ex Solutions Group, LLC	4	$2.4M	0.1%	0.00%
175	Bridge Community Bank	18	$2.4M	0.1%	15.16%
176	Gulf Coast Bank and Trust Company	3	$2.4M	0.1%	0.00%
177	GreatAmerica Bank National Association	17	$2.3M	0.1%	0.00%
178	Luana Savings Bank	11	$2.3M	0.1%	0.00%
179	Genesis Bank	3	$2.3M	0.1%	0.00%
180	State Bank and Trust Co	4	$2.3M	0.1%	5.06%
181	Twin Cedars Bank	7	$2.3M	0.1%	0.00%
182	Independence Bank	18	$2.2M	0.1%	46.58%
183	Marion County State Bank	6	$2.2M	0.1%	0.00%
184	Metro City Bank	2	$2.2M	0.1%	0.00%
185	American Bank, National Association	8	$2.2M	0.1%	0.00%
186	GNB Bank	6	$2.2M	0.1%	14.86%
187	Citizens State Bank	6	$2.2M	0.1%	2.32%
188	Access Bank	3	$2.1M	0.1%	0.00%
189	Pioneer Bank	2	$2.1M	0.1%	0.00%
190	Primebank	10	$2.1M	0.1%	5.12%
191	FWBank	3	$2.1M	0.1%	0.00%
192	BankVista	5	$2.1M	0.1%	0.00%
193	Iowa State Bank	4	$2.1M	0.1%	0.00%
194	Bank of Hope	5	$2.0M	0.1%	1.02%
195	Cedar Valley Bank & Trust	1	$2.0M	0.1%	0.00%
196	First-Citizens Bank & Trust Company	6	$2.0M	0.1%	8.82%
197	FreedomBank	5	$1.9M	0.1%	13.40%
198	Pinnacle Bank	10	$1.9M	0.1%	0.00%
199	Security Savings Bank	1	$1.9M	0.1%	0.00%
200	Foundation One Bank	3	$1.9M	0.1%	25.52%

The 200 largest shown, of 416 lenders with a record here.

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

By county

Rank	County	Lenders	Loans	Approved
1	Polk	177	1,795	$705.7M
2	Linn	83	835	$314.7M
3	Scott	73	593	$197.1M
4	Johnson	67	417	$126.9M
5	Black Hawk	48	391	$123.9M
6	Dallas	73	245	$86.9M
7	Woodbury	47	200	$78.0M
8	Story	58	193	$70.5M
9	Cerro Gordo	28	252	$68.9M
10	Pottawattamie	47	156	$52.7M
11	Warren	45	160	$50.9M
12	Dubuque	46	180	$48.4M
13	Clinton	24	122	$40.7M
14	Webster	23	70	$36.2M
15	Jasper	34	73	$34.5M
16	Dickinson	14	97	$25.0M
17	Boone	23	56	$24.9M
18	Wapello	17	68	$24.4M
19	Des Moines	16	53	$22.5M
20	Marshall	17	40	$19.5M
21	Muscatine	19	62	$18.9M
22	Iowa	19	51	$18.6M
23	Benton	21	57	$17.5M
24	Marion	27	66	$17.0M
25	Van Buren	8	20	$16.6M
26	Henry	16	29	$16.5M
27	Madison	18	60	$16.0M
28	Grundy	10	36	$15.5M
29	Appanoose	10	59	$15.1M
30	Fayette	20	35	$14.9M
31	Jones	15	43	$14.5M
32	Emmet	12	18	$14.5M
33	Shelby	8	21	$14.2M
34	Ida	6	53	$13.7M
35	Sioux	16	42	$13.6M
36	Washington	12	48	$13.3M
37	Carroll	12	26	$13.3M
38	Plymouth	16	36	$12.9M
39	Buchanan	14	47	$12.8M
40	Hancock	8	43	$12.7M
41	Cedar	23	47	$12.5M
42	Delaware	15	38	$12.1M
43	Bremer	12	57	$11.8M
44	Hamilton	15	31	$11.8M
45	Jefferson	13	28	$11.8M
46	Clay	18	44	$11.8M
47	Crawford	7	25	$11.7M
48	Allamakee	11	23	$11.1M
49	Chickasaw	7	33	$11.0M
50	Winneshiek	10	18	$10.3M
51	Buena Vista	10	24	$10.3M
52	Greene	10	25	$10.1M
53	Clayton	10	21	$10.0M
54	Audubon	4	7	$10.0M
55	Lee	15	18	$9.9M
56	Clarke	12	21	$9.9M
57	Floyd	11	25	$9.9M
58	Poweshiek	14	27	$9.8M
59	Montgomery	8	15	$9.7M
60	Butler	9	30	$9.4M
61	Jackson	13	34	$9.3M
62	Humboldt	10	22	$9.2M
63	Howard	8	10	$9.2M
64	Pocahontas	5	11	$8.8M
65	Davis	8	18	$8.5M
66	Ringgold	6	19	$8.4M
67	Hardin	11	35	$8.0M
68	Obrien	10	18	$7.8M
69	Guthrie	14	26	$7.8M
70	Monroe	6	24	$7.7M
71	Mahaska	15	36	$7.5M
72	Louisa	8	10	$6.9M
73	Franklin	8	12	$6.7M
74	Mills	12	35	$6.6M
75	Calhoun	7	11	$6.2M
76	Page	6	12	$6.1M
77	Winnebago	7	18	$6.0M
78	Taylor	8	14	$5.9M
79	Kossuth	11	20	$5.7M
80	Tama	12	21	$5.6M
81	Harrison	13	19	$5.5M
82	Decatur	8	11	$5.5M
83	Wright	8	21	$5.1M
84	Union	5	12	$5.0M
85	Lyon	9	27	$4.8M
86	Cherokee	6	10	$4.4M
87	Palo Alto	9	13	$4.1M
88	Cass	8	8	$4.0M
89	Mitchell	7	10	$3.9M
90	Adair	7	13	$3.7M
91	Keokuk	5	20	$3.6M
92	Monona	7	10	$3.5M
93	Osceola	7	8	$3.2M
94	Sac	5	13	$3.1M
95	Lucas	4	5	$2.7M
96	Fremont	7	8	$2.4M
97	Worth	4	13	$1.3M
98	Wayne	3	8	$869K
99	Adams	1	1	$90K

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.