SBA 7(a) lenders in Black Hawk, IA

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

48 institutions have SBA 7(a) loans on record in Black Hawk, together $123.9M across 391 loans. Farmers State Bank is the largest, with 27% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Farmers State Bank	163	$33.6M	27.1%	3.20%
2	Lincoln Savings Bank	41	$24.3M	19.6%	1.81%
3	Cedar Rapids Bank and Trust Company	33	$8.4M	6.8%	1.74%
4	First Bank	21	$6.2M	5.0%	0.00%
5	CIBC Bank USA	2	$5.0M	4.0%	0.00%
6	First Interstate Bank	10	$4.9M	3.9%	0.00%
7	Climate First Bank	2	$3.8M	3.1%	0.00%
8	Wells Fargo Bank National Association	15	$3.6M	2.9%	2.30%
9	Celtic Bank Corporation	7	$3.2M	2.6%	0.00%
10	NSB Bank	2	$3.0M	2.4%	0.00%
11	U.S. Bank, National Association	23	$2.4M	1.9%	0.40%
12	Metro City Bank	2	$2.2M	1.8%	0.00%
13	United Midwest Savings Bank National Association	2	$2.2M	1.8%	0.00%
14	Cedar Valley Bank & Trust	1	$2.0M	1.6%	0.00%
15	Denver Savings Bank	3	$1.7M	1.4%	0.00%
16	Veridian Credit Union	8	$1.5M	1.2%	19.59%
17	Farmers and Merchants Savings Bank	5	$1.5M	1.2%	0.00%
18	Newtek Bank, National Association	6	$1.5M	1.2%	0.00%
19	Central Bank	1	$1.4M	1.1%	0.00%
20	Live Oak Banking Company	2	$1.4M	1.1%	0.00%
21	BankIowa	6	$1.3M	1.1%	0.00%
22	The Bancorp Bank National Association	1	$1.3M	1.0%	0.00%
23	Kerndt Brothers Savings Bank	2	$945K	0.8%	0.00%
24	Bankers Trust Company	2	$589K	0.5%	0.00%
25	Hills Bank and Trust Company	2	$565K	0.5%	0.00%
26	Peoples Savings Bank	3	$560K	0.5%	0.00%
27	Wheaton Bank & Trust Company, National Association	1	$500K	0.4%	0.00%
28	Northbrook Bank & Trust Company, National Association	1	$481K	0.4%	0.00%
29	The Huntington National Bank	2	$470K	0.4%	27.48%
30	Bank of America, National Association	1	$337K	0.3%	0.00%
31	Bank of Springfield	1	$325K	0.3%	0.00%
32	First Security State Bank	1	$270K	0.2%	0.00%
33	Dupaco Community CU	1	$265K	0.2%	0.00%
34	Northeast Bank	3	$265K	0.2%	0.00%
35	Port 51 Lending LLC	1	$252K	0.2%	0.00%
36	Cache Valley Bank	1	$250K	0.2%	0.00%
37	Truliant FCU	1	$235K	0.2%	0.00%
38	Stearns Bank National Association	1	$225K	0.2%	0.00%
39	Farmers State Bank	2	$201K	0.2%	0.00%
40	Associated Bank National Association	1	$147K	0.1%	0.00%
41	Bank Iowa	1	$135K	0.1%	0.00%
42	Arbor Bank	1	$132K	0.1%	0.00%
43	Nicolet National Bank	1	$100K	0.1%	0.00%
44	BayFirst National Bank	1	$80K	0.1%	0.00%
45	Farmers State Bank	1	$70K	0.1%	0.00%
46	First Citizens Bank	1	$57K	0.0%	0.00%
47	Heartland Bank and Trust Company	1	$38K	0.0%	0.00%
48	Capital One National Association	1	$35K	0.0%	74.72%

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	45	$22.4M	18.1%
2	Accommodation & food services	56	$21.8M	17.6%
3	Other services	43	$13.1M	10.6%
4	Construction	54	$10.2M	8.3%
5	Professional & technical services	24	$10.0M	8.0%
6	Administrative & waste services	22	$9.2M	7.4%
7	Health care & social assistance	27	$5.7M	4.6%
8	Educational services	7	$5.3M	4.3%
9	Wholesale trade	13	$5.2M	4.2%
10	Arts, entertainment & recreation	14	$5.1M	4.1%
11	Retail trade	19	$3.7M	2.9%
12	Manufacturing	12	$3.0M	2.4%
13	Transportation & warehousing	21	$2.0M	1.6%
14	Real estate & leasing	4	$2.0M	1.6%
15	Manufacturing	7	$2.0M	1.6%
16	Manufacturing	6	$1.1M	0.9%
17	Finance & insurance	8	$917K	0.7%
18	Information	3	$410K	0.3%
19	Agriculture, forestry & fishing	2	$363K	0.3%
20	Transportation & warehousing	4	$350K	0.3%

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.