SBA by industry · IA

SBA lenders for hotels and motels in Iowa

19 lenders made 26 SBA loans to hotels and motels in Iowa in the 36 months ending September 30, 2026. Shoreham Bank made the most, with 5. The typical loan was about $1.9M.

Evidence
SBA 7(a) and 504 loans to hotels and motels in Iowa, NAICS 7211
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
19
SBA FOIA,
SBA loans, 36 months
26
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$58.1M
SBA FOIA,
Last 12 months
8
SBA FOIA,

Cite this

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

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See which lenders made SBA loans to hotels and motels, at your size and in your state. No account and no form.

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SBA lenders for hotels and motels in Iowa. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order.
LenderKindBased inLoansDollars7(a)504Last 12 months
Shoreham Bank SBA 7(a) recordSavingsWarwick, RI5$9.02M501
GBank SBA 7(a) recordBankLas Vegas, NV3$6.70M300
United Bank of Iowa SBA 7(a) recordBankIda Grove, IA2$2.42M200
Bank IowaBankWest Des Moines, IA1$8.50M010
Security First BankBankLincoln, NE1$6.10M011
Farmers State BankBankMarion, IA1$5.40M010
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH1$4.40M101
US Metro Bank SBA 7(a) recordBankGarden Grove, CA1$2.60M101
Reliabank Dakota SBA 504 recordBankEstelline, SD1$1.90M010
Dupaco Community Credit UnionCredit unionDubuque, IA1$1.70M010
First Bank of the Lake SBA 504 recordBankOsage Beach, MO1$1.60M010
Bank of Hope SBA 7(a) recordBankLos Angeles, CA1$1.30M101
Midwest Bank SBA 504 recordBankDetroit Lakes, MN1$1.30M010
Mount Vernon Bank and Trust CompanyBankMount Vernon, IA1$1.30M010
Readycap Lending, LLC SBA 7(a) recordNon-bankBerkeley Heights, NJ1$1.00M100
Centerstone SBA Lending, Inc. SBA 7(a) recordNon-bankLos Angeles, CA1$920K101
Kerndt Brothers Savings BankBankLansing, IA1$760K010
Harvest Small Business Finance, LLC SBA 7(a) recordNon-bankLaguna Hills, CA1$570K101
Bank MidwestBankSpirit Lake, IA1$500K100
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
Hotels (except Casino Hotels) and Motels26
SBA FOIA,
SBA loans for hotels and motels in Iowa, by size
Loan sizeLoans
Under $150K1
$150K to $350K1
$350K to $1M4
$1M to $2.5M13
$2.5M or more7
SBA FOIA,
  • SBA lenders recorded 26 loans to hotels and motels totaling $58.1M in Iowa in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $1.9M, with the middle half between $1M and $2.5M. SBA FOIA,
  • 17 were SBA 7(a) loans and 9 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 8.50% on 17 loans. SBA FOIA,
  • The median term was 25 years. SBA FOIA,
  • Banks and savings institutions made 22 of the loans, credit unions 1, and non-banks 3. SBA FOIA,
  • The five most active lenders made 46.2% of the loans. SBA FOIA,
  • The three most active lenders were Shoreham Bank with 5, GBank with 3, and United Bank of Iowa with 2. SBA FOIA,
  • 1 of the loans were under $150K, and 20 were $1M or more. SBA FOIA,
  • The SBA file shows 8 approvals of these loans dated in the 12 months to September 30, 2026, versus 11 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 7 of the 19 lenders are based in Iowa. The rest are based elsewhere, most often in California, Minnesota and Missouri. SBA FOIA,
  • The most common detailed industry in Iowa was Hotels (except Casino Hotels) and Motels, with 26 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to hotels and motels 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 7211.
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.