SBA 7(a) lenders in Iowa, WI
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
18 institutions have SBA 7(a) loans on record in Iowa, together $14.7M across 43 loans. Community First Bank is the largest, with 27% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Community First Bank | 2 | $3.9M | 26.8% | 0.00% |
| 2 | Byline Bank | 5 | $3.1M | 20.9% | 0.00% |
| 3 | Northbrook Bank & Trust Company, National Association | 1 | $1.4M | 9.2% | 0.00% |
| 4 | Lake Ridge Bank | 8 | $1.1M | 7.6% | 0.00% |
| 5 | U.S. Bank, National Association | 1 | $1.1M | 7.5% | 0.00% |
| 6 | Live Oak Banking Company | 1 | $825K | 5.6% | 0.00% |
| 7 | Bank Five Nine | 2 | $750K | 5.1% | 0.00% |
| 8 | Clare Bank, National Association | 1 | $450K | 3.1% | 0.00% |
| 9 | Dupaco Community CU | 1 | $350K | 2.4% | 75.68% |
| 10 | The Peoples Community Bank | 5 | $332K | 2.3% | 0.00% |
| 11 | BMO Bank National Association | 3 | $319K | 2.2% | 36.88% |
| 12 | Independence Bank | 2 | $275K | 1.9% | 0.00% |
| 13 | Royal Bank | 2 | $250K | 1.7% | 0.00% |
| 14 | Wells Fargo Bank National Association | 5 | $173K | 1.2% | 0.00% |
| 15 | Bank First, N.A. | 1 | $172K | 1.2% | 0.00% |
| 16 | Celtic Bank Corporation | 1 | $150K | 1.0% | 0.00% |
| 17 | Bank of Ann Arbor | 1 | $50K | 0.3% | 0.00% |
| 18 | Capital One National Association | 1 | $35K | 0.2% | 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 | 9 | $4.5M | 30.6% |
| 2 | Manufacturing | 1 | $3.9M | 26.4% |
| 3 | Retail trade | 8 | $3.8M | 25.9% |
| 4 | Other services | 7 | $688K | 4.7% |
| 5 | Arts, entertainment & recreation | 1 | $465K | 3.2% |
| 6 | Wholesale trade | 3 | $458K | 3.1% |
| 7 | Transportation & warehousing | 6 | $350K | 2.4% |
| 8 | Health care & social assistance | 2 | $275K | 1.9% |
| 9 | Finance & insurance | 2 | $221K | 1.5% |
| 10 | Professional & technical services | 2 | $40K | 0.3% |
| 11 | Information | 1 | $10K | 0.1% |
| 12 | Retail trade | 1 | $8K | 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.