SBA by industry · IA
SBA lenders for retail stores in Iowa
50 lenders made 124 SBA loans to retail stores in Iowa in the 36 months ending September 30, 2026. U.S. Bank National Association made the most, with 10. The typical loan was about $150K.
- Evidence
- SBA 7(a) and 504 loans to retail stores in Iowa, NAICS 44 and 45, excluding gas, convenience and pharmacy
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 50
- SBA FOIA,
- SBA loans, 36 months
- 124
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $55.7M
- SBA FOIA,
- Last 12 months
- 29
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for retail stores in Iowa, https://lender.report/sba-lenders-for/retail/iowa/, data as of September 30, 2026.
Describe a deal in Iowa
See which lenders made SBA loans to retail stores, at your size and in your state. No account and no form.
Show SBA loans to retail stores in IowaOn this list? Find your page
| Lender | Kind | Based in | Loans | Dollars | 7(a) | 504 | Last 12 months |
|---|---|---|---|---|---|---|---|
| U.S. Bank National Association SBA 7(a) record | Bank | Cincinnati, OH | 10 | $2.29M | 10 | 0 | 2 |
| Lincoln Savings Bank SBA 7(a) record | Bank | Reinbeck, IA | 6 | $1.11M | 4 | 2 | 0 |
| Bank Iowa SBA 7(a) record | Bank | West Des Moines, IA | 6 | $683K | 6 | 0 | 0 |
| Northeast Bank SBA 7(a) record | Bank | Portland, ME | 6 | $560K | 6 | 0 | 0 |
| Farmers State Bank SBA 7(a) record | Bank | Waterloo, IA | 5 | $2.67M | 5 | 0 | 0 |
| Community 1st Credit Union SBA 7(a) record | Credit union | Ottumwa, IA | 5 | $522K | 5 | 0 | 1 |
| Central Bank SBA 7(a) record | Bank | Storm Lake, IA | 4 | $3.52M | 2 | 2 | 0 |
| Northwest Bank SBA 7(a) record | Bank | Spencer, IA | 4 | $3.07M | 2 | 2 | 1 |
| Bankers Trust Company SBA 7(a) record | Bank | Des Moines, IA | 4 | $1.40M | 4 | 0 | 1 |
| Nicolet National Bank SBA 7(a) record | Bank | Green Bay, WI | 4 | $714K | 4 | 0 | 1 |
| United Midwest Savings Bank, National Association SBA 7(a) record | Bank | Degraff, OH | 4 | $570K | 4 | 0 | 0 |
| Guthrie County State Bank | Bank | Panora, IA | 3 | $2.17M | 2 | 1 | 1 |
| Ohnward Bank & Trust | Bank | Cascade, IA | 3 | $960K | 2 | 1 | 0 |
| Fortress Bank SBA 7(a) record | Bank | Peoria, IL | 3 | $870K | 3 | 0 | 1 |
| TruBank SBA 7(a) record | Bank | Indianola, IA | 3 | $770K | 3 | 0 | 2 |
| Newtek Bank, National Association SBA 7(a) record | Bank | Miami, FL | 3 | $665K | 3 | 0 | 1 |
| Hills Bank and Trust Company SBA 7(a) record | Bank | Hills, IA | 3 | $470K | 2 | 1 | 0 |
| United Bank of Iowa SBA 7(a) record | Bank | Ida Grove, IA | 3 | $150K | 3 | 0 | 0 |
| Wells Fargo Bank, National Association SBA 7(a) record | Bank | Sioux Falls, SD | 3 | $40.0K | 3 | 0 | 0 |
| Byline Bank SBA 7(a) record | Bank | Chicago, IL | 2 | $2.52M | 2 | 0 | 1 |
| Readycap Lending, LLC SBA 7(a) record | Non-bank | Berkeley Heights, NJ | 2 | $1.75M | 2 | 0 | 1 |
| CBI Bank & Trust SBA 7(a) record | Bank | Muscatine, IA | 2 | $1.47M | 1 | 1 | 0 |
| Bank Midwest SBA 504 record | Bank | Spirit Lake, IA | 2 | $1.24M | 0 | 2 | 0 |
| Availa Bank SBA 7(a) record | Bank | Carroll, IA | 2 | $500K | 2 | 0 | 2 |
| Farmers & Merchants Savings Bank SBA 7(a) record | Bank | Manchester, IA | 2 | $400K | 2 | 0 | 0 |
Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| Industry | Loans |
|---|---|
| Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 13 |
| Sporting Goods Retailers | 11 |
| Electronics and Appliance Retailers | 7 |
| All Other Miscellaneous Retailers | 6 |
| Clothing and Clothing Accessories Retailers | 6 |
| Florists | 6 |
| Gift, Novelty, and Souvenir Retailers | 6 |
| Book Retailers and News Dealers | 5 |
| Nursery, Garden Center, and Farm Supply Retailers | 5 |
| Used Car Dealers | 5 |
| Loan size | Loans |
|---|---|
| Under $150K | 57 |
| $150K to $350K | 35 |
| $350K to $1M | 18 |
| $1M to $2.5M | 11 |
| $2.5M or more | 4 |
- SBA lenders recorded 124 loans to retail stores totaling $55.7M in Iowa in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
- The typical loan was about $150K, with the middle half between $75K and $380K. SBA FOIA,
- 110 were SBA 7(a) loans and 15 were SBA 504 first liens. SBA FOIA,
- SBA 7(a) lenders reported a median initial rate of 9.50% on 110 loans. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Banks and savings institutions made 116 of the loans, credit unions 5, and non-banks 4. SBA FOIA,
- The five most active lenders made 26.6% of the loans. SBA FOIA,
- The three most active lenders were U.S. Bank National Association with 10, Bank Iowa with 6, and Lincoln Savings Bank with 6. SBA FOIA,
- 57 of the loans were under $150K, and 15 were $1M or more. SBA FOIA,
- The SBA file shows 29 approvals of these loans dated in the 12 months to September 30, 2026, versus 56 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- 28 of the 50 lenders are based in Iowa. The rest are based elsewhere, most often in Illinois, Ohio and Florida. SBA FOIA,
- The most common detailed industry in Iowa was Supermarkets and Other Grocery Retailers (except Convenience Retailers), with 13 loans. SBA FOIA,
How this list is defined
- Measure
- SBA loans made to retail stores 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 44 and 45, excluding gas, convenience and pharmacy.
- 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.