SBA 7(a) lenders in Polk, IA

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-09-30.

Lenders

178 institutions have SBA 7(a) loans on record in Polk, together $711.3M across 1,810 loans. Lincoln Savings Bank is the largest, with 7% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Lincoln Savings Bank	81	$49.6M	7.0%	0.80%
2	Live Oak Banking Company	27	$37.4M	5.3%	0.00%
3	Northwest Bank	100	$35.6M	5.0%	5.19%
4	First Interstate Bank	75	$33.6M	4.7%	13.04%
5	First American Bank	79	$31.6M	4.4%	20.88%
6	Bankers Trust Company	105	$30.7M	4.3%	1.24%
7	U.S. Bank, National Association	253	$30.0M	4.2%	0.75%
8	Wells Fargo Bank National Association	141	$29.9M	4.2%	8.05%
9	Community State Bank	23	$26.8M	3.8%	7.58%
10	City State Bank	31	$21.7M	3.1%	2.48%
11	Liberty Bank, FSB	40	$15.5M	2.2%	20.08%
12	Byline Bank	14	$14.0M	2.0%	0.00%
13	BMO Bank National Association	38	$13.8M	1.9%	0.67%
14	South Story Bank & Trust	12	$13.3M	1.9%	9.50%
15	West Bank	45	$12.6M	1.8%	0.78%
16	First Mid Bank & Trust, National Association	35	$12.3M	1.7%	0.27%
17	Celtic Bank Corporation	22	$10.9M	1.5%	0.00%
18	TruBank	25	$9.8M	1.4%	7.67%
19	Iowa State Bank	27	$8.5M	1.2%	1.66%
20	Freedom Financial Bank	18	$8.5M	1.2%	7.92%
21	GreenState CU	15	$7.9M	1.1%	13.88%
22	Central Bank	12	$7.8M	1.1%	0.71%
23	The Huntington National Bank	30	$7.7M	1.1%	0.00%
24	VisionBank of Iowa	14	$7.6M	1.1%	1.73%
25	Newtek Small Business Finance, LLC	11	$7.2M	1.0%	0.00%
26	Charter Bank	11	$6.5M	0.9%	0.37%
27	Farmers State Bank	23	$6.1M	0.9%	0.00%
28	Federal Deposit Insurance Corporation	11	$6.0M	0.8%	22.20%
29	Newtek Bank, National Association	11	$5.8M	0.8%	0.00%
30	Raccoon Valley Bank	14	$5.2M	0.7%	0.00%
31	First National Bank Ames, Iowa	25	$5.2M	0.7%	2.53%
32	Cedar Rapids Bank and Trust Company	2	$5.0M	0.7%	4.71%
33	Central State Bank	4	$4.9M	0.7%	0.00%
34	The Bancorp Bank National Association	5	$4.3M	0.6%	22.00%
35	TD Bank, National Association	1	$4.0M	0.6%	0.00%
36	BankUnited, National Association	5	$4.0M	0.6%	18.35%
37	Readycap Lending, LLC	11	$4.0M	0.6%	17.04%
38	Happen Bank	1	$3.9M	0.6%	0.00%
39	Beacon Bank and Trust	1	$3.9M	0.5%	0.00%
40	Bank Five Nine	4	$3.8M	0.5%	0.00%
41	Leighton State Bank	3	$3.8M	0.5%	0.00%
42	Bank Iowa	6	$3.6M	0.5%	2.89%
43	NSB Bank	6	$3.5M	0.5%	0.00%
44	Core Bank	3	$3.5M	0.5%	0.00%
45	Nicolet National Bank	11	$3.5M	0.5%	0.00%
46	Northbrook Bank & Trust Company, National Association	4	$3.4M	0.5%	0.00%
47	Liberty National Bank	18	$3.3M	0.5%	8.93%
48	Fortress Bank	3	$3.0M	0.4%	0.00%
49	Northeast Bank	19	$3.0M	0.4%	0.00%
50	The Fidelity Bank	2	$2.9M	0.4%	0.00%
51	GBank	1	$2.8M	0.4%	0.00%
52	Home State Bank	2	$2.8M	0.4%	0.00%
53	OptimumBank	1	$2.8M	0.4%	0.00%
54	First Bank & Trust	2	$2.7M	0.4%	0.00%
55	Harvest Small Business Finance, LLC	4	$2.5M	0.4%	0.00%
56	Columbia Bank	2	$2.5M	0.4%	0.00%
57	22nd State Bank, A Division of 22nd State Banking Company	2	$2.5M	0.3%	0.00%
58	Midwest Heritage Bank, F.S.B.	16	$2.4M	0.3%	0.00%
59	Adams Bank & Trust	3	$2.4M	0.3%	0.00%
60	First National Bank of Omaha	10	$2.4M	0.3%	0.00%
61	Stearns Bank National Association	12	$2.4M	0.3%	0.00%
62	Bank Iowa	17	$2.3M	0.3%	0.00%
63	Twin Cedars Bank	7	$2.3M	0.3%	0.00%
64	Associated Bank National Association	5	$2.3M	0.3%	4.67%
65	Shoreham Bank	1	$2.1M	0.3%	0.00%
66	BayFirst National Bank	11	$2.1M	0.3%	1.75%
67	Great Southern Bank	20	$2.1M	0.3%	9.10%
68	IncredibleBank	2	$2.1M	0.3%	0.00%
69	Banc of California	2	$1.9M	0.3%	0.00%
70	Four States Bank, Inc.	3	$1.9M	0.3%	0.00%
71	Peoples Bank	3	$1.7M	0.2%	18.74%
72	CIBC Bank USA	2	$1.7M	0.2%	0.00%
73	OakStar Bank	1	$1.7M	0.2%	0.00%
74	State Bank and Trust Co	1	$1.7M	0.2%	0.00%
75	Earlham Savings Bank	1	$1.7M	0.2%	0.00%
76	Fund-Ex Solutions Group, LLC	2	$1.7M	0.2%	0.00%
77	Capital Bank, National Association	1	$1.6M	0.2%	0.00%
78	United Midwest Savings Bank National Association	11	$1.6M	0.2%	7.23%
79	UMB Bank, National Association	3	$1.5M	0.2%	0.00%
80	Guthrie County State Bank	2	$1.5M	0.2%	0.00%
81	Customers Bank	2	$1.5M	0.2%	0.00%
82	Farmers and Merchants Savings Bank	4	$1.5M	0.2%	5.64%
83	State Savings Bank	7	$1.4M	0.2%	6.40%
84	Denver Savings Bank	2	$1.4M	0.2%	0.00%
85	Community Choice Credit Union	6	$1.4M	0.2%	0.00%
86	Bank of America, National Association	7	$1.4M	0.2%	0.00%
87	Voyager Bank	1	$1.4M	0.2%	0.00%
88	BankVista	3	$1.3M	0.2%	0.00%
89	Heritage Bank Inc	2	$1.3M	0.2%	10.91%
90	Union Bank and Trust Company	5	$1.3M	0.2%	12.55%
91	East West Bank	1	$1.3M	0.2%	0.00%
92	Lendistry SBLC, LLC	5	$1.3M	0.2%	0.00%
93	CBI Bank and Trust	2	$1.3M	0.2%	15.71%
94	First Internet Bank of Indiana	1	$1.2M	0.2%	0.00%
95	Ohnward Bank & Trust	1	$1.2M	0.2%	0.00%
96	First-Citizens Bank & Trust Company	3	$1.1M	0.2%	15.70%
97	Veridian Credit Union	5	$1.1M	0.2%	12.24%
98	Truliant FCU	1	$1.1M	0.1%	0.00%
99	First State Bank	3	$1.1M	0.1%	0.00%
100	Coastal States Bank	3	$1.0M	0.1%	0.00%
101	Bank of Springfield	1	$1.0M	0.1%	0.00%
102	Old National Bank	2	$999K	0.1%	0.00%
103	PNC Bank, National Association	1	$989K	0.1%	0.00%
104	Texas Capital Bank	1	$982K	0.1%	0.00%
105	Availa Bank	2	$980K	0.1%	0.00%
106	Paragon Bank	2	$972K	0.1%	0.00%
107	Community Savings Bank	1	$949K	0.1%	0.00%
108	JPMorgan Chase Bank, National Association	4	$942K	0.1%	0.00%
109	21st Century Bank	2	$913K	0.1%	0.00%
110	Iowa Trust & Savings Bank	1	$900K	0.1%	44.58%
111	Grinnell State Bank	5	$889K	0.1%	15.85%
112	BANK	3	$840K	0.1%	16.24%
113	Luana Savings Bank	7	$788K	0.1%	0.00%
114	Farmers State Bank	1	$772K	0.1%	0.00%
115	Enterprise Bank & Trust	1	$755K	0.1%	0.00%
116	Five Star Bank	3	$700K	0.1%	0.00%
117	Great Plains State Bank	2	$656K	0.1%	0.00%
118	HomeTrust Bank	1	$640K	0.1%	0.00%
119	Milestone Bank	1	$633K	0.1%	0.00%
120	America First Federal Credit Union	1	$632K	0.1%	0.00%
121	Genesis Bank	1	$631K	0.1%	0.00%
122	Boone Bank and Trust Co	1	$620K	0.1%	0.00%
123	Regent Bank	2	$507K	0.1%	0.00%
124	Pinnacle Bank	1	$505K	0.1%	0.00%
125	First Merchants Bank	2	$500K	0.1%	0.00%
126	Marion County State Bank	1	$500K	0.1%	0.00%
127	FinWise Bank	2	$472K	0.1%	0.00%
128	Farmers and Merchants State Bank	1	$465K	0.1%	0.00%
129	United Republic Bank	1	$450K	0.1%	0.00%
130	Vibrant Credit Union	1	$410K	0.1%	0.00%
131	First Heritage Bank	1	$400K	0.1%	0.00%
132	Hills Bank and Trust Company	3	$400K	0.1%	0.00%
133	Bell Bank	1	$375K	0.1%	0.00%
134	American State Bank	3	$362K	0.1%	0.00%
135	Bridge Community Bank	1	$350K	0.0%	0.00%
136	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$350K	0.0%	0.00%
137	Grasshopper Bank National Association	1	$350K	0.0%	0.00%
138	KeyBank National Association	1	$347K	0.0%	0.00%
139	Mountain America FCU	1	$332K	0.0%	0.00%
140	The Central Trust Bank	1	$319K	0.0%	0.00%
141	CRF Small Business Loan Company, LLC	1	$314K	0.0%	0.00%
142	Time Bank	1	$303K	0.0%	0.00%
143	City & County CU	1	$300K	0.0%	0.00%
144	Foundation One Bank	1	$298K	0.0%	23.34%
145	United Bank of Iowa	1	$270K	0.0%	0.00%
146	Bank Iowa Corporation	2	$260K	0.0%	0.00%
147	Seacoast National Bank	1	$260K	0.0%	0.00%
148	Fifth Third Bank	1	$252K	0.0%	0.00%
149	Alerus Financial, National Association	1	$241K	0.0%	0.00%
150	BankIowa	1	$216K	0.0%	0.00%
151	Carver State Bank	1	$210K	0.0%	29.55%
152	Vision One CU	1	$205K	0.0%	0.00%
153	Crawford County Trust & Savings Bank	1	$201K	0.0%	0.00%
154	Financial Plus CU	1	$200K	0.0%	0.00%
155	Community State Bank	1	$176K	0.0%	0.00%
156	Community 1st CU	5	$174K	0.0%	0.00%
157	Greater Iowa CU	1	$167K	0.0%	0.00%
158	First State Bank Nebraska	1	$151K	0.0%	0.00%
159	Equitable Bank	1	$150K	0.0%	0.00%
160	Independence Bank	1	$150K	0.0%	85.65%
161	First Bank of the Lake	1	$150K	0.0%	92.54%
162	Two Rivers Bank and Trust	1	$140K	0.0%	0.00%
163	Clear Lake Bank & Trust Company	1	$130K	0.0%	0.00%
164	Great Western Bank	1	$128K	0.0%	0.00%
165	Commercial Savings Bank	1	$125K	0.0%	0.00%
166	First Citizens Bank	1	$110K	0.0%	0.00%
167	Green Belt Bank & Trust	2	$101K	0.0%	0.00%
168	Premier CU	1	$100K	0.0%	0.00%
169	FNNB Bank	1	$94K	0.0%	0.00%
170	The Shelby County State Bank	1	$93K	0.0%	0.00%
171	Royal Bank	2	$75K	0.0%	0.00%
172	VelocitySBA, LLC	6	$65K	0.0%	21.16%
173	Union State Bank	1	$54K	0.0%	0.00%
174	Security National Bank of Omaha	1	$50K	0.0%	0.00%
175	Fairfax State Savings Bank	1	$40K	0.0%	0.00%
176	IH Mississippi Valley Credit Union	1	$30K	0.0%	0.00%
177	Capital One National Association	1	$25K	0.0%	0.00%
178	First Children's Finance	1	$20K	0.0%	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	243	$95.8M	13.5%
2	Construction	225	$82.2M	11.6%
3	Health care & social assistance	199	$79.2M	11.1%
4	Professional & technical services	188	$64.9M	9.1%
5	Other services	185	$60.8M	8.6%
6	Wholesale trade	78	$47.8M	6.7%
7	Retail trade	114	$41.8M	5.9%
8	Arts, entertainment & recreation	91	$38.4M	5.4%
9	Administrative & waste services	98	$38.3M	5.4%
10	Manufacturing	59	$27.4M	3.9%
11	Transportation & warehousing	51	$23.1M	3.3%
12	Manufacturing	30	$19.8M	2.8%
13	Retail trade	77	$18.4M	2.6%
14	Transportation & warehousing	11	$15.9M	2.2%
15	Finance & insurance	38	$14.1M	2.0%
16	Manufacturing	26	$13.9M	2.0%
17	Real estate & leasing	27	$11.6M	1.6%
18	Information	32	$8.0M	1.1%
19	Educational services	23	$5.4M	0.8%
20	Agriculture, forestry & fishing	7	$1.6M	0.2%
21	Utilities	3	$1.5M	0.2%
22	Mining & extraction	2	$810K	0.1%
23	Management of companies	1	$319K	0.0%
24	Public administration	2	$250K	0.0%

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.