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The Lender Report built this page from public records. Hills Bank and Trust Company has not reviewed it. Every lender's page starts this way, and it says nothing about Hills Bank and Trust Company itself. Each figure shows its source and date. Work at Hills Bank and Trust Company? You can claim this page for free.
SBA 7(a) record
Hills Bank and Trust Company: SBA 7(a) loans made
Hills Bank and Trust Company, a bank based in Hills, IA, made 20 SBA 7(a) loans in the 36 months ending September 30, 2026, $2.5M in all, net of cancelled approvals. The typical loan was about $150K, and 0 were in the last 12 months. Most were in Iowa.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 20
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $2.48M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $150K
- SBA FOIA,
- Largest loan
- $450K
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 0
- SBA FOIA,
Cite this
Source: The Lender Report, Hills Bank and Trust Company: SBA 7(a) loans made, https://lender.report/lender/hills-bank-and-trust-ia/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Apr 2025 | Iowa | SBA 7(a), Site Preparation Contractors | $170K | 7.5% | 7 yr | SBA FOIA | |
| Apr 2025 | Iowa | SBA 7(a), Commercial Screen Printing | $15K | 5% | 5 yr | SBA FOIA | |
| Dec 2024 | Iowa | SBA 7(a), Agriculture, Forestry, Fishing and Hunting | $450K | 8.75% | 5 yr | SBA FOIA | |
| Nov 2024 | Iowa | SBA 7(a), Agriculture, Forestry, Fishing and Hunting | $200K | 5.25% | 5 yr | SBA FOIA | |
| Nov 2024 | Iowa | SBA 7(a), Agriculture, Forestry, Fishing and Hunting | $160K | 7.25% | 10 yr | SBA FOIA | |
| Oct 2024 | Iowa | SBA 7(a), Site Preparation Contractors | $200K | 5% | 7 yr | SBA FOIA | |
| Oct 2024 | Iowa | SBA 7(a), Site Preparation Contractors | $50K | 7.5% | 7 yr | SBA FOIA | |
| Oct 2024 | Iowa | SBA 7(a), Site Preparation Contractors | $50K | 9% | 5 yr | SBA FOIA | |
| Sep 2024 | Iowa | SBA 7(a), Site Preparation Contractors | $40K | 9.25% | 7 yr | SBA FOIA | |
| Sep 2024 | Iowa | SBA 7(a), Offices of Physical, Occupational and Speech Therapists, and Audiologists | $25K | 5.5% | 5 yr | SBA FOIA | |
| Jul 2024 | Iowa | SBA 7(a), Other Waste Collection | $60K | 9% | 3 yr | SBA FOIA | |
| Jul 2024 | Iowa | SBA 7(a), Full-Service Restaurants | $15K | 10% | 6 yr | SBA FOIA | |
| May 2024 | Iowa | SBA 7(a), New Single-Family Housing Construction (except For-Sale Builders) | $150K | 6.25% | 5 yr | SBA FOIA | |
| May 2024 | Iowa | SBA 7(a), Professional, Scientific, and Technical Services | $12K | 9% | 5 yr | SBA FOIA | |
| Apr 2024 | Iowa | SBA 7(a), Supermarkets and Other Grocery Retailers (except Convenience Retailers) | $160K | 9.5% | 5 yr | SBA FOIA | |
| Mar 2024 | Iowa | SBA 7(a), Poured Concrete Foundation and Structure Contractors | $120K | 6% | 5 yr | SBA FOIA | |
| Feb 2024 | Iowa | SBA 7(a), Beauty Salons | $63K | 5.75% | 5 yr | SBA FOIA | |
| Jan 2024 | Iowa | SBA 7(a), Supermarkets and Other Grocery Retailers (except Convenience Retailers) | $190K | 6.25% | 5 yr | SBA FOIA | |
| Dec 2023 | Iowa | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $200K | 6% | 5 yr | SBA FOIA | |
| Dec 2023 | Iowa | SBA 7(a), Administrative and Support and Waste Management and Remediation Services | $150K | 8.25% | 7 yr | SBA FOIA | |
| 20 SBA 7(a) loans since October 2023, net of cancelled | $2.48M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Iowa | 20 | $2.48M |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 10 | $450K |
| $150K to $350K | 9 | $1.58M |
| $350K to $1M | 1 | $450K |
| $1M to $2.5M | 0 | $0 |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 2 | $350K |
| 2024 Q1 | 3 | $373K |
| 2024 Q2 | 3 | $322K |
| 2024 Q3 | 4 | $140K |
| 2024 Q4 | 6 | $1.11M |
| 2025 Q2 | 2 | $185K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Site Preparation Contractors (238910) | 5 |
| Agriculture, Forestry, Fishing and Hunting | 3 |
| Administrative and Support and Waste Management and Remediation Services | 2 |
| Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110) | 2 |
| Beauty Salons (812112) | 1 |
| Commercial Screen Printing (323113) | 1 |
| Full-Service Restaurants (722511) | 1 |
| New Single-Family Housing Construction (except For-Sale Builders) (236115) | 1 |
| Offices of Physical, Occupational and Speech Therapists, and Audiologists (621340) | 1 |
| Other Waste Collection (562119) | 1 |
| Poured Concrete Foundation and Structure Contractors (238110) | 1 |
| Professional, Scientific, and Technical Services | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| Preferred Lenders Program | 14 |
| SBA Express Program | 5 |
| 7a General | 1 |
- Hills Bank and Trust Company made 20 SBA 7(a) loans totaling $2.5M in the 36 months ending September 30, 2026, net of cancelled approvals, in 1 state. SBA FOIA,
- 0 of them were in the 12 months to September 30, 2026, and 8 in the 12 months before. SBA FOIA,
- The typical loan was about $150K, with the middle half between $50K and $190K. SBA FOIA,
- The largest was about $450K. Every amount is rounded to 2 significant figures. SBA FOIA,
- 10 loans were under $150K, and 0 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 7.50% on 20 loans, with the middle half between 6.00% and 9.00%. SBA FOIA,
- The median term was 5 years. SBA FOIA,
- Its loans went most often to Site Preparation Contractors, with 5. SBA FOIA,
- The SBA file lists 14 of its loans as processed under Preferred Lenders Program. SBA FOIA,
- Its loans were most often in Iowa (20). SBA FOIA,
What we don't know
- Whether Hills Bank and Trust Company is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.