SBA 7(a) lenders in Benton, IA
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
21 institutions have SBA 7(a) loans on record in Benton, together $17.5M across 57 loans. Farmers Savings Bank & Trust is the largest, with 14% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Farmers Savings Bank & Trust | 7 | $2.5M | 14.2% | 1.42% |
| 2 | First Bank | 1 | $2.0M | 11.2% | 0.00% |
| 3 | Cedar Rapids Bank and Trust Company | 2 | $1.8M | 10.6% | 0.00% |
| 4 | Liberty Bank, FSB | 1 | $1.7M | 10.0% | 0.00% |
| 5 | Bankers Trust Company | 3 | $1.3M | 7.5% | 0.00% |
| 6 | Farmers State Bank | 5 | $1.3M | 7.3% | 0.00% |
| 7 | Nicolet National Bank | 5 | $938K | 5.4% | 0.00% |
| 8 | United Midwest Savings Bank National Association | 2 | $857K | 4.9% | 0.00% |
| 9 | Byline Bank | 1 | $725K | 4.1% | 0.00% |
| 10 | Farmers State Bank | 5 | $689K | 3.9% | 0.00% |
| 11 | Wells Fargo Bank National Association | 4 | $653K | 3.7% | 6.60% |
| 12 | IncredibleBank | 1 | $650K | 3.7% | 0.00% |
| 13 | GNB Bank | 1 | $500K | 2.9% | 0.00% |
| 14 | Farmers and Merchants Savings Bank | 2 | $451K | 2.6% | 0.00% |
| 15 | Community 1st CU | 3 | $329K | 1.9% | 0.00% |
| 16 | Hills Bank and Trust Company | 2 | $300K | 1.7% | 0.00% |
| 17 | Community Savings Bank | 1 | $260K | 1.5% | 56.00% |
| 18 | U.S. Bank, National Association | 7 | $243K | 1.4% | 0.00% |
| 19 | Collins Community Credit Union | 2 | $163K | 0.9% | 0.00% |
| 20 | Fairfax State Savings Bank | 1 | $80K | 0.5% | 0.00% |
| 21 | Central State Bank | 1 | $45K | 0.3% | 0.00% |
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.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Retail trade | 6 | $3.0M | 17.0% |
| 2 | Retail trade | 2 | $2.5M | 14.1% |
| 3 | Professional & technical services | 9 | $2.0M | 11.7% |
| 4 | Health care & social assistance | 9 | $2.0M | 11.3% |
| 5 | Real estate & leasing | 1 | $1.7M | 10.0% |
| 6 | Accommodation & food services | 2 | $1.4M | 8.3% |
| 7 | Other services | 5 | $1.4M | 7.9% |
| 8 | Wholesale trade | 2 | $1.0M | 5.9% |
| 9 | Arts, entertainment & recreation | 4 | $690K | 3.9% |
| 10 | Construction | 8 | $576K | 3.3% |
| 11 | Manufacturing | 2 | $362K | 2.1% |
| 12 | Manufacturing | 1 | $260K | 1.5% |
| 13 | Administrative & waste services | 1 | $260K | 1.5% |
| 14 | Transportation & warehousing | 2 | $116K | 0.7% |
| 15 | Manufacturing | 1 | $80K | 0.5% |
| 16 | Agriculture, forestry & fishing | 1 | $50K | 0.3% |
| 17 | Transportation & warehousing | 1 | $40K | 0.2% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
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.