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Home Iowa Community Bank of Oelwein

Community Bank of Oelwein

OELWEIN, IA 50662

2
Loans Approved
$619K
Total Volume
$309K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Limited-Service Restaurants

Quick Summary

Community Bank of Oelwein is an SBA-approved lender headquartered in OELWEIN, Iowa. Since 2020, they have approved 2 SBA 7(a) loans totaling $619K, with an average loan size of $309K. They primarily serve Iowa businesses.

About Community Bank of Oelwein

Community Bank of Oelwein is an SBA-approved lender headquartered in OELWEIN, Iowa. Since 2020, they have approved 2 SBA 7(a) loans totaling $619K, with an average loan size of $309K. They primarily serve businesses in Iowa.

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Frequently Asked Questions

Is Community Bank of Oelwein an SBA Preferred Lender?

Community Bank of Oelwein is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Community Bank of Oelwein approved?

According to SBA FOIA public records, Community Bank of Oelwein has approved 2 SBA 7(a) loans totaling $619K since 2020. Their average loan size is $309K.

What states does Community Bank of Oelwein serve?

Community Bank of Oelwein primarily serves businesses in Iowa.

How do I apply for an SBA loan with Community Bank of Oelwein?

To apply for an SBA 7(a) loan with Community Bank of Oelwein, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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