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Community Savings Bank

EDGEWOOD, IA 52042

16
Loans Approved
$15.4M
Total Volume
$962K
Avg Loan Size
2
States Served

States Served

IowaMinnesota

Top Industries Financed

  • Full-Service Restaurants
  • Metal Coating, Engraving (except Jewelry and Silverware), and Allied S
  • Machine Shops
  • Car Washes
  • Fiber, Yarn, and Thread Mills

Quick Summary

Community Savings Bank is an SBA-approved lender headquartered in EDGEWOOD, Iowa. Since 2020, they have approved 16 SBA 7(a) loans totaling $15.4M, with an average loan size of $962K. They serve businesses across 2 states.

About Community Savings Bank

Community Savings Bank is an SBA-approved lender headquartered in EDGEWOOD, Iowa. Since 2020, they have approved 16 SBA 7(a) loans totaling $15.4M, with an average loan size of $962K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Community Savings Bank an SBA Preferred Lender?

Community Savings Bank 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 Savings Bank approved?

According to SBA FOIA public records, Community Savings Bank has approved 16 SBA 7(a) loans totaling $15.4M since 2020. Their average loan size is $962K.

What states does Community Savings Bank serve?

Community Savings Bank serves businesses in 2 states: Iowa, Minnesota.

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

To apply for an SBA 7(a) loan with Community Savings Bank, 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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