--- title: SBA 7(a) Lenders in Iowa: 156 Made Loans in 3 Years url: https://lender.report/sba-7a-lenders/iowa/ license: https://lender.report/license/ --- SBA 7(a) ยท IA # SBA 7(a) lenders in Iowa 156 lenders made at least one SBA 7(a) loan in Iowa in the 36 months ending September 30, 2026. U.S. Bank National Association made the most, with 199 of the 1,052 on record. **Evidence** Lender recorded at least one SBA 7(a) loan to a business in Iowa in the 36 months ending September 30, 2026 **Data as of** SBA, September 30, 2026 **Page last changed** November 11, 2026 **Lenders on record** 156 SBA FOIA, Sep 30, 2026 **Loans, 36 months** 1,052 SBA FOIA, Sep 30, 2026 Approvals, net of cancelled **Dollars, 36 months** $460M SBA FOIA, Sep 30, 2026 **Approvals, last 12 months** 280 SBA FOIA, Sep 30, 2026 -26.9% from the prior 12 months Cite this Source: The Lender Report, SBA 7(a) lenders in Iowa, https://lender.report/sba-7a-lenders/iowa/, data as of September 30, 2026. ## Describe a deal in Iowa See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show SBA 7(a) loans in Iowa](https://lender.report/comps/?lane=sba_7a&state=IA)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | | --- | --- | --- | --- | --- | | [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) [SBA 7(a) record](https://lender.report/lender/u-s-bank-oh/sba-7a/) | Bank | Cincinnati, OH | 199 | $26.7M | | [Farmers State Bank](https://lender.report/lender/farmers-state-bank-ia-waterloo/) [SBA 7(a) record](https://lender.report/lender/farmers-state-bank-ia-waterloo/sba-7a/) | Bank | Waterloo, IA | 41 | $13.0M | | [The Huntington National Bank](https://lender.report/lender/huntington-national-bank-oh/) [SBA 7(a) record](https://lender.report/lender/huntington-national-bank-oh/sba-7a/) | Bank | Columbus, OH | 40 | $18.7M | | [Nicolet National Bank](https://lender.report/lender/nicolet-national-bank-wi/) [SBA 7(a) record](https://lender.report/lender/nicolet-national-bank-wi/sba-7a/) | Bank | Green Bay, WI | 32 | $11.1M | | [Newtek Bank, National Association](https://lender.report/lender/newtek-bank-fl/) [SBA 7(a) record](https://lender.report/lender/newtek-bank-fl/sba-7a/) | Bank | Miami, FL | 32 | $10.8M | | [Northwest Bank](https://lender.report/lender/northwest-bank-ia/) [SBA 7(a) record](https://lender.report/lender/northwest-bank-ia/sba-7a/) | Bank | Spencer, IA | 31 | $12.0M | | [Northeast Bank](https://lender.report/lender/northeast-bank-me/) [SBA 7(a) record](https://lender.report/lender/northeast-bank-me/sba-7a/) | Bank | Portland, ME | 30 | $3.98M | | [Readycap Lending, LLC](https://lender.report/lender/readycap-lending-nj/) [SBA 7(a) record](https://lender.report/lender/readycap-lending-nj/sba-7a/) | Non-bank | Berkeley Heights, NJ | 25 | $14.1M | | [Live Oak Banking Company](https://lender.report/lender/live-oak-banking-nc/) [SBA 7(a) record](https://lender.report/lender/live-oak-banking-nc/sba-7a/) | Bank | Wilmington, NC | 23 | $40.0M | | [Lincoln Savings Bank](https://lender.report/lender/lincoln-savings-bank-ia/) [SBA 7(a) record](https://lender.report/lender/lincoln-savings-bank-ia/sba-7a/) | Bank | Reinbeck, IA | 21 | $8.48M | | [Bankers Trust Company](https://lender.report/lender/bankers-trust-ia/) [SBA 7(a) record](https://lender.report/lender/bankers-trust-ia/sba-7a/) | Bank | Des Moines, IA | 20 | $6.05M | | [BayFirst National Bank](https://lender.report/lender/bayfirst-national-bank-fl/) [SBA 7(a) record](https://lender.report/lender/bayfirst-national-bank-fl/sba-7a/) | Bank | Saint Petersburg, FL | 20 | $2.83M | | [Hills Bank and Trust Company](https://lender.report/lender/hills-bank-and-trust-ia/) [SBA 7(a) record](https://lender.report/lender/hills-bank-and-trust-ia/sba-7a/) | Bank | Hills, IA | 20 | $2.48M | | [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) [SBA 7(a) record](https://lender.report/lender/wells-fargo-bank-sd/sba-7a/) | Bank | Sioux Falls, SD | 19 | $6.46M | | [Lendistry SBLC, LLC](https://lender.report/lender/lendistry-sblc-ca/) [SBA 7(a) record](https://lender.report/lender/lendistry-sblc-ca/sba-7a/) | Non-bank | Los Angeles, CA | 17 | $3.92M | | [Farmers & Merchants Savings Bank](https://lender.report/lender/farmers-and-merchants-savings-bank-ia-manchester/) [SBA 7(a) record](https://lender.report/lender/farmers-and-merchants-savings-bank-ia-manchester/sba-7a/) | Bank | Manchester, IA | 16 | $5.08M | | [Cedar Rapids Bank and Trust Company](https://lender.report/lender/cedar-rapids-bank-and-trust-ia/) [SBA 7(a) record](https://lender.report/lender/cedar-rapids-bank-and-trust-ia/sba-7a/) | Bank | Cedar Rapids, IA | 16 | $4.05M | | [TruBank](https://lender.report/lender/trubank-ia/) [SBA 7(a) record](https://lender.report/lender/trubank-ia/sba-7a/) | Bank | Indianola, IA | 15 | $4.74M | | [Bank Iowa](https://lender.report/lender/bank-iowa-ia/) [SBA 7(a) record](https://lender.report/lender/bank-iowa-ia/sba-7a/) | Bank | West Des Moines, IA | 15 | $2.64M | | [Fortress Bank](https://lender.report/lender/fortress-bank-il/) [SBA 7(a) record](https://lender.report/lender/fortress-bank-il/sba-7a/) | Bank | Peoria, IL | 13 | $5.93M | | [United Bank of Iowa](https://lender.report/lender/united-bank-of-iowa-ia/) [SBA 7(a) record](https://lender.report/lender/united-bank-of-iowa-ia/sba-7a/) | Bank | Ida Grove, IA | 13 | $4.15M | | [United Midwest Savings Bank, National Association](https://lender.report/lender/united-midwest-savings-bank-oh/) [SBA 7(a) record](https://lender.report/lender/united-midwest-savings-bank-oh/sba-7a/) | Bank | Degraff, OH | 13 | $2.85M | | [First Mid Bank & Trust, National Association](https://lender.report/lender/first-mid-bank-and-trust-il/) [SBA 7(a) record](https://lender.report/lender/first-mid-bank-and-trust-il/sba-7a/) | Bank | Mattoon, IL | 12 | $4.11M | | [Farmers State Bank](https://lender.report/lender/farmers-state-bank-ia-marion/) [SBA 7(a) record](https://lender.report/lender/farmers-state-bank-ia-marion/sba-7a/) | Bank | Marion, IA | 12 | $3.01M | | [Celtic Bank](https://lender.report/lender/celtic-bank-ut/) [SBA 7(a) record](https://lender.report/lender/celtic-bank-ut/sba-7a/) | Bank | Salt Lake City, UT | 12 | $2.05M | SBA FOIA, Sep 30, 2026 [See all 156 SBA 7(a) lenders in Iowa in Loan Comps](https://lender.report/comps/?lane=sba_7a&state=IA) - Lenders recorded 1,052 SBA 7(a) loans totaling $460.1M in Iowa in the 36 months ending September 30, 2026. SBA FOIA, Sep 30, 2026 - Banks and savings institutions made 973 of those, credit unions 24, and non-banks 55. SBA FOIA, Sep 30, 2026 - The five most active lenders made 32.7% of Iowa's SBA 7(a) loans. SBA FOIA, Sep 30, 2026 - Live Oak Banking Company recorded the most dollars in Iowa, at $40M. SBA FOIA, Sep 30, 2026 - 63 of these lenders are based in Iowa. SBA FOIA, Sep 30, 2026 - 29 lenders recorded 10 or more SBA 7(a) loans in Iowa. SBA FOIA, Sep 30, 2026 - The SBA file shows 280 SBA 7(a) approvals in Iowa dated in the 12 months to September 30, 2026, versus 383 in the prior 12 months. Both counts leave out cancelled approvals. SBA FOIA, Sep 30, 2026 - The typical SBA 7(a) loan in Iowa was about $150K, with the middle half between $50K and $420K. SBA FOIA, Sep 30, 2026 - Lenders reported a median rate of 9.50% on 1,052 loans in Iowa, with the middle half between 8.50% and 11.00%. SBA FOIA, Sep 30, 2026 - The median term in Iowa was 10 years. SBA FOIA, Sep 30, 2026 ## How this list is defined **Measure** SBA 7(a) loans made in Iowa **Period** October 2023 to September 2026 **Formula** Count, by lender, of SBA 7(a) approvals located in Iowa and dated in the 36 months ending September 30, 2026, whose status is not cancelled. A lender is listed if it made at least one. **Order** Largest first by loans in the 36 months, then dollars, then name. Payment is not part of the order. **As of** September 30, 2026 **Source** [SBA FOIA](https://data.sba.gov/dataset/7a-504-foia) **Data** [JSON version of this list](https://lender.report/rankings/sba-7a-lenders-by-state.json) **Changelog** November 12, 2026: First published, with the data built on this date. Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). It carries the date and links back to this page. SBA 7(a) is the main SBA loan program for small businesses. The SBA guarantees part of each loan and the lender decides who gets one. SBA figures are approvals, shown net of cancelled loans where the column says so. SBA has not reviewed or endorsed this site. Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out. 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](https://lender.report/report/) 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.