SBA 7(a) lenders in Cedar, IA
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
23 institutions have SBA 7(a) loans on record in Cedar, together $12.5M across 47 loans. Byline Bank is the largest, with 15% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Byline Bank | 2 | $1.9M | 14.8% | 0.00% |
| 2 | Cedar Rapids Bank and Trust Company | 4 | $1.8M | 14.3% | 0.00% |
| 3 | Stearns Bank National Association | 1 | $1.6M | 12.9% | 0.00% |
| 4 | Bridge Community Bank | 7 | $1.0M | 8.2% | 0.00% |
| 5 | Fidelity Bank & Trust | 4 | $1.0M | 8.1% | 0.00% |
| 6 | United Bank of Iowa | 1 | $893K | 7.2% | 0.00% |
| 7 | Collins Community Credit Union | 2 | $843K | 6.8% | 0.00% |
| 8 | Newtek Bank, National Association | 4 | $708K | 5.7% | 0.00% |
| 9 | Nicolet National Bank | 2 | $630K | 5.1% | 0.00% |
| 10 | Genesis Bank | 1 | $340K | 2.7% | 0.00% |
| 11 | Community Bank and Trust Company | 3 | $312K | 2.5% | 0.00% |
| 12 | Central State Bank | 1 | $298K | 2.4% | 0.00% |
| 13 | Fortress Bank | 1 | $229K | 1.8% | 0.00% |
| 14 | Hills Bank and Trust Company | 2 | $168K | 1.3% | 0.00% |
| 15 | Time Bank | 1 | $157K | 1.3% | 0.00% |
| 16 | Farmers and Merchants Savings Bank | 1 | $150K | 1.2% | 0.00% |
| 17 | Colony Bank | 1 | $150K | 1.2% | 0.00% |
| 18 | First Interstate Bank | 2 | $94K | 0.8% | 0.00% |
| 19 | First Central State Bank | 1 | $74K | 0.6% | 0.00% |
| 20 | BayFirst National Bank | 1 | $70K | 0.6% | 0.00% |
| 21 | U.S. Bank, National Association | 3 | $49K | 0.4% | 0.00% |
| 22 | Iowa Trust & Savings Bank | 1 | $20K | 0.2% | 0.00% |
| 23 | Wells Fargo Bank National Association | 1 | $15K | 0.1% | 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 | Accommodation & food services | 10 | $4.1M | 32.6% |
| 2 | Manufacturing | 3 | $2.1M | 16.7% |
| 3 | Real estate & leasing | 4 | $1.7M | 14.0% |
| 4 | Agriculture, forestry & fishing | 4 | $760K | 6.1% |
| 5 | Construction | 7 | $726K | 5.8% |
| 6 | Wholesale trade | 5 | $626K | 5.0% |
| 7 | Management of companies | 1 | $595K | 4.8% |
| 8 | Administrative & waste services | 2 | $482K | 3.9% |
| 9 | Other services | 3 | $427K | 3.4% |
| 10 | Retail trade | 1 | $340K | 2.7% |
| 11 | Transportation & warehousing | 2 | $338K | 2.7% |
| 12 | Health care & social assistance | 1 | $157K | 1.3% |
| 13 | Retail trade | 3 | $116K | 0.9% |
| 14 | Professional & technical services | 1 | $20K | 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.