SBA 7(a) lenders in Story, IA

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

Lenders

58 institutions have SBA 7(a) loans on record in Story, together $70.5M across 193 loans. U.S. Bank, National Association is the largest, with 15% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	U.S. Bank, National Association	30	$10.6M	15.0%	0.00%
2	VisionBank of Iowa	16	$7.0M	9.9%	1.09%
3	First Interstate Bank	12	$6.1M	8.6%	0.00%
4	Wells Fargo Bank National Association	13	$4.8M	6.9%	0.55%
5	First American Bank	8	$4.3M	6.1%	0.00%
6	Home State Bank	3	$3.8M	5.3%	0.00%
7	Bankers Trust Company	5	$3.3M	4.7%	0.00%
8	Premier CU	2	$2.3M	3.3%	0.00%
9	Midwest Heritage Bank, F.S.B.	5	$1.8M	2.6%	0.00%
10	Banc of California	2	$1.8M	2.6%	72.72%
11	Northwest Bank	5	$1.8M	2.5%	0.00%
12	Live Oak Banking Company	1	$1.7M	2.4%	0.00%
13	BankUnited, National Association	1	$1.5M	2.2%	0.00%
14	South Story Bank & Trust	4	$1.5M	2.1%	0.00%
15	BayFirst National Bank	8	$1.3M	1.9%	0.00%
16	Federal Deposit Insurance Corporation	2	$1.3M	1.8%	38.97%
17	GNB Bank	3	$991K	1.4%	0.00%
18	Celtic Bank Corporation	5	$961K	1.4%	29.25%
19	Farmers and Merchants Savings Bank	1	$920K	1.3%	0.00%
20	First National Bank Ames, Iowa	6	$743K	1.1%	0.00%
21	First Business Bank	1	$740K	1.0%	0.00%
22	Newtek Small Business Finance, Inc.	3	$736K	1.0%	0.00%
23	Lincoln Savings Bank	6	$728K	1.0%	0.00%
24	Greater Iowa CU	6	$724K	1.0%	0.00%
25	IncredibleBank	1	$660K	0.9%	0.00%
26	Security State Bank	1	$638K	0.9%	0.00%
27	United Bank of Iowa	2	$610K	0.9%	16.44%
28	Northeast Bank	6	$525K	0.7%	0.00%
29	Magnifi Financial CU	1	$517K	0.7%	0.00%
30	State Bank and Trust Co	2	$488K	0.7%	23.84%
31	Newtek Bank, National Association	1	$455K	0.6%	0.00%
32	Exchange State Bank	2	$411K	0.6%	0.00%
33	Luana Savings Bank	1	$375K	0.5%	0.00%
34	HomeTrust Bank	1	$370K	0.5%	0.00%
35	Nicolet National Bank	2	$350K	0.5%	0.00%
36	Enterprise Bank & Trust	1	$340K	0.5%	0.00%
37	Byline Bank	1	$340K	0.5%	96.77%
38	Raccoon Valley Bank	2	$340K	0.5%	0.00%
39	Readycap Lending, LLC	2	$314K	0.4%	51.47%
40	Coastal States Bank	1	$298K	0.4%	0.00%
41	Availa Bank	1	$225K	0.3%	0.00%
42	Bridgewater Bank	1	$200K	0.3%	0.00%
43	TS Bank	1	$200K	0.3%	0.00%
44	The Huntington National Bank	1	$200K	0.3%	0.00%
45	BMO Bank National Association	1	$150K	0.2%	0.00%
46	Stearns Bank National Association	1	$150K	0.2%	0.00%
47	Heritage Bank Inc	1	$150K	0.2%	99.71%
48	Carver State Bank	1	$108K	0.2%	95.19%
49	First Mid Bank & Trust, National Association	1	$105K	0.1%	0.00%
50	Community Choice Credit Union	1	$104K	0.1%	0.00%
51	United Bank & Trust Co	1	$100K	0.1%	0.00%
52	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$100K	0.1%	0.00%
53	Boone Bank and Trust Co	1	$100K	0.1%	0.00%
54	Associated Bank National Association	1	$80K	0.1%	0.00%
55	Charter Bank	1	$66K	0.1%	0.00%
56	West Bank	1	$50K	0.1%	0.00%
57	Grinnell State Bank	1	$25K	0.0%	0.00%
58	VelocitySBA, LLC	1	$5K	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	38	$17.8M	25.2%
2	Construction	25	$8.9M	12.6%
3	Manufacturing	7	$6.4M	9.0%
4	Administrative & waste services	14	$6.3M	8.9%
5	Retail trade	14	$5.8M	8.2%
6	Other services	23	$5.4M	7.7%
7	Wholesale trade	7	$4.7M	6.7%
8	Health care & social assistance	12	$4.1M	5.8%
9	Retail trade	11	$3.7M	5.2%
10	Arts, entertainment & recreation	12	$3.3M	4.7%
11	Professional & technical services	14	$2.1M	3.0%
12	Information	1	$660K	0.9%
13	Manufacturing	4	$333K	0.5%
14	Manufacturing	2	$294K	0.4%
15	Educational services	3	$240K	0.3%
16	Real estate & leasing	2	$228K	0.3%
17	Transportation & warehousing	2	$163K	0.2%
18	Finance & insurance	2	$118K	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.