SBA by industry · IA

SBA lenders for gyms and fitness businesses in Iowa

28 lenders made 58 SBA loans to gyms and fitness businesses in Iowa in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 16. The typical loan was about $280K.

Evidence
SBA 7(a) and 504 loans to gyms and fitness businesses in Iowa, NAICS 7139
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
28
SBA FOIA,
SBA loans, 36 months
58
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$24.9M
SBA FOIA,
Last 12 months
25
SBA FOIA,

Cite this

Source: The Lender Report, SBA lenders for gyms and fitness businesses in Iowa, https://lender.report/sba-lenders-for/gyms-and-fitness/iowa/, data as of September 30, 2026.

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SBA lenders for gyms and fitness businesses in Iowa. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 28.
LenderKindBased inLoansDollars7(a)504Last 12 months
The Huntington National Bank SBA 7(a) recordBankColumbus, OH16$5.84M1608
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH8$1.21M802
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL3$300K302
Fortress Bank SBA 7(a) recordBankPeoria, IL2$1.41M111
First Mid Bank & Trust, National Association SBA 7(a) recordBankMattoon, IL2$550K200
Lincoln Savings Bank SBA 7(a) recordBankReinbeck, IA2$550K200
Beacon Bank and Trust SBA 7(a) recordBankBoston, MA1$3.90M101
West BankBankWest Des Moines, IA1$2.00M010
Denver Savings BankBankDenver, IA1$990K100
Community Savings Bank SBA 7(a) recordBankEdgewood, IA1$950K100
Adams Bank & Trust SBA 7(a) recordBankOgallala, NE1$920K101
Farmers State Bank SBA 7(a) recordBankMarion, IA1$770K100
Magnifi Financial Credit Union SBA 7(a) recordCredit unionMelrose, MN1$520K101
Pinnacle Bank SBA 7(a) recordBankNashville, TN1$500K101
Citizens Bank SBA 7(a) recordBankElizabethton, TN1$480K101
HomeTrust Bank SBA 7(a) recordBankAsheville, NC1$370K100
Cedar Rapids Bank and Trust Company SBA 7(a) recordBankCedar Rapids, IA1$350K101
CDC Small Business Finance Corp. SBA 7(a) recordNon-bankSan Diego, CA1$330K101
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC1$290K100
Great Southern Bank SBA 7(a) recordBankReeds Spring, MO1$280K100
Twin Cedars Bank SBA 7(a) recordBankBussey, IA1$230K101
Hills Bank and Trust CompanyBankHills, IA1$200K010
Bankers Trust Company SBA 7(a) recordBankDes Moines, IA1$170K100
Nicolet National Bank SBA 7(a) recordBankGreen Bay, WI1$150K100
Heritage Bank, Inc. SBA 7(a) recordBankBurlington, KY1$76.0K100
SBA FOIA,

Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.

Detailed industries in this group in Iowa
IndustryLoans
Fitness and Recreational Sports Centers40
All Other Amusement and Recreation Industries15
Bowling Centers2
Golf Courses and Country Clubs1
SBA FOIA,
SBA loans for gyms and fitness businesses in Iowa, by size
Loan sizeLoans
Under $150K21
$150K to $350K11
$350K to $1M19
$1M to $2.5M3
$2.5M or more1
SBA FOIA,
  • SBA lenders recorded 58 loans to gyms and fitness businesses totaling $24.9M in Iowa in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $280K, with the middle half between $50K and $500K. SBA FOIA,
  • 52 were SBA 7(a) loans and 3 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.00% on 52 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 52 of the loans, credit unions 2, and non-banks 1. SBA FOIA,
  • The five most active lenders made 53.4% of the loans. SBA FOIA,
  • The three most active lenders were The Huntington National Bank with 16, U.S. Bank National Association with 8, and Newtek Bank, National Association with 3. SBA FOIA,
  • 21 of the loans were under $150K, and 4 were $1M or more. SBA FOIA,
  • 3 of these loans were made by lenders that have since merged or closed, that the file lists under a name with no lender record here, or that the loan tape shows only at a broader industry level. They are counted in the totals here and appear in no lender's row. SBA FOIA,
  • The SBA file shows 25 approvals of these loans dated in the 12 months to September 30, 2026, versus 18 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 12 of the 28 lenders are based in Iowa. The rest are based elsewhere, most often in Illinois, North Carolina and Ohio. SBA FOIA,
  • The most common detailed industry in Iowa was Fitness and Recreational Sports Centers, with 40 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to gyms and fitness businesses in Iowa
Period
October 2023 to September 2026
Formula
Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in Iowa, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 7139.
Order
Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
As of
September 30, 2026
Source
SBA FOIA
Changelog
  • : First published, with the data built on this date.

What we don't know

  • Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. 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

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.