SBA 7(a) lenders in Webster, 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 Webster, together $36.2M across 70 loans. First Interstate Bank is the largest, with 23% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | First Interstate Bank | 6 | $8.3M | 23.0% | 9.71% |
| 2 | Northwest Bank | 11 | $5.8M | 15.9% | 0.00% |
| 3 | Heartland Bank | 9 | $2.8M | 7.7% | 0.00% |
| 4 | Availa Bank | 4 | $2.1M | 5.9% | 0.00% |
| 5 | The Huntington National Bank | 2 | $2.0M | 5.6% | 0.00% |
| 6 | Live Oak Banking Company | 2 | $1.9M | 5.2% | 0.00% |
| 7 | Farmers and Merchants Savings Bank | 3 | $1.8M | 5.0% | 0.00% |
| 8 | Millennium Bank | 1 | $1.6M | 4.4% | 0.00% |
| 9 | Bell Bank | 1 | $1.5M | 4.2% | 0.00% |
| 10 | Bank Iowa | 1 | $1.4M | 4.0% | 0.00% |
| 11 | First American Bank | 12 | $1.4M | 3.8% | 4.50% |
| 12 | Veridian Credit Union | 1 | $1.2M | 3.3% | 33.54% |
| 13 | Capital Bank, National Association | 1 | $924K | 2.6% | 0.00% |
| 14 | Wells Fargo Bank National Association | 3 | $795K | 2.2% | 0.00% |
| 15 | Nicolet National Bank | 2 | $639K | 1.8% | 0.00% |
| 16 | United Bank of Iowa | 1 | $630K | 1.7% | 0.00% |
| 17 | First State Bank | 3 | $499K | 1.4% | 0.00% |
| 18 | Stearns Bank National Association | 1 | $300K | 0.8% | 0.00% |
| 19 | GreenState CU | 1 | $250K | 0.7% | 0.00% |
| 20 | Farmers State Bank | 2 | $165K | 0.5% | 0.00% |
| 21 | Northeast Bank | 1 | $125K | 0.3% | 0.00% |
| 22 | U.S. Bank, National Association | 1 | $32K | 0.1% | 0.00% |
| 23 | Bank of America, National Association | 1 | $10K | 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 | Other services | 16 | $7.3M | 20.2% |
| 2 | Finance & insurance | 2 | $5.3M | 14.8% |
| 3 | Accommodation & food services | 6 | $4.5M | 12.4% |
| 4 | Manufacturing | 6 | $4.5M | 12.4% |
| 5 | Retail trade | 9 | $3.8M | 10.6% |
| 6 | Professional & technical services | 6 | $2.5M | 6.8% |
| 7 | Construction | 4 | $1.8M | 5.0% |
| 8 | Health care & social assistance | 5 | $1.8M | 4.9% |
| 9 | Retail trade | 4 | $1.5M | 4.3% |
| 10 | Wholesale trade | 1 | $1.2M | 3.3% |
| 11 | Manufacturing | 3 | $583K | 1.6% |
| 12 | Real estate & leasing | 2 | $501K | 1.4% |
| 13 | Agriculture, forestry & fishing | 2 | $300K | 0.8% |
| 14 | Transportation & warehousing | 1 | $300K | 0.8% |
| 15 | Administrative & waste services | 1 | $150K | 0.4% |
| 16 | Transportation & warehousing | 1 | $74K | 0.2% |
| 17 | Arts, entertainment & recreation | 1 | $32K | 0.1% |
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.