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SBA Lenders in Iowa
93 active SBA lenders · 1,683 loans approved · $737.5M total volume
93 Active Lenders
22 Preferred Lenders
1,683 Loans Since 2020
$737.5M Total Volume
All SBA Lenders in Iowa
| Lender | City | Loans | Total Volume | Avg Loan | Preferred |
|---|---|---|---|---|---|
| Lincoln Savings Bank | Reinbeck | 214 | $132.0M | $617K | ⭐ |
| MidWestOne Bank | IOWA CITY | 192 | $121.2M | $631K | ⭐ |
| Farmers State Bank | WATERLOO | 129 | $34.8M | $270K | ⭐ |
| Northwest Bank | SPENCER | 106 | $41.2M | $389K | ⭐ |
| Farmers and Merchants Savings Bank | MANCHESTER | 85 | $47.4M | $557K | ⭐ |
| Community 1st CU | OTTUMWA | 82 | $10.8M | $132K | — |
| Hills Bank and Trust Company | HILLS | 55 | $11.7M | $213K | ⭐ |
| First Citizens Bank | Mason City | 54 | $9.1M | $168K | ⭐ |
| United Bank of Iowa | IDA GROVE | 51 | $14.1M | $277K | ⭐ |
| Citizens First Bank | CLINTON | 44 | $8.9M | $203K | — |
| Clear Lake Bank & Trust Company | CLEAR LAKE | 44 | $11.9M | $271K | ⭐ |
| Bankers Trust Company | DES MOINES | 43 | $12.0M | $278K | ⭐ |
| Two Rivers Bank & Trust | BURLINGTON | 38 | $15.8M | $417K | — |
| City State Bank | NORWALK | 35 | $18.3M | $524K | ⭐ |
| Bank Iowa | WEST DES MOINES | 33 | $9.3M | $281K | — |
| TruBank | Indianola | 31 | $10.8M | $349K | ⭐ |
| Cedar Rapids Bank and Trust Company | Cedar Rapids | 29 | $22.7M | $781K | ⭐ |
| Bank Midwest | Spirit Lake | 25 | $11.6M | $464K | ⭐ |
| First Bank | WAVERLY | 20 | $8.4M | $421K | — |
| Fairfax State Savings Bank | FAIRFAX | 17 | $4.1M | $242K | — |
| Westside State Bank | WESTSIDE | 16 | $3.9M | $241K | — |
| Community Savings Bank | EDGEWOOD | 16 | $15.4M | $962K | — |
| Manufacturers Bank & Trust Company | FOREST CITY | 16 | $4.0M | $251K | ⭐ |
| NSB Bank | MASON CITY | 15 | $9.4M | $626K | ⭐ |
| Central Bank | STORM LAKE | 15 | $12.0M | $803K | — |
| Raccoon Valley Bank | PERRY | 15 | $8.0M | $535K | — |
| CBI Bank and Trust | MUSCATINE | 14 | $9.9M | $706K | — |
| Quad City Bank and Trust Company | BETTENDORF | 14 | $3.3M | $236K | ⭐ |
| First National Bank Ames, Iowa | AMES | 12 | $2.2M | $182K | ⭐ |
| The Clinton National Bank | CLINTON | 9 | $1.7M | $188K | ⭐ |
| VisionBank of Iowa | AMES | 9 | $6.5M | $723K | — |
| Iowa State Bank | DES MOINES | 9 | $9.3M | $1.0M | — |
| Midstates Bank, National Association | COUNCIL BLUFFS | 9 | $5.3M | $588K | — |
| Liberty National Bank | SIOUX CITY | 8 | $1.7M | $210K | — |
| State Savings Bank | WEST DES MOINES | 7 | $1.6M | $233K | — |
| Guthrie County State Bank | PANORA | 7 | $1.9M | $266K | — |
| Midwest Heritage Bank, F.S.B. | WEST DES MOINES | 7 | $2.3M | $331K | — |
| First State Bank | WEBSTER CITY | 7 | $5.8M | $828K | — |
| Citizens State Bank | WYOMING | 7 | $1.3M | $189K | — |
| First Central State Bank | De Witt | 6 | $5.4M | $897K | ⭐ |
| Ohnward Bank & Trust | CASCADE | 6 | $6.3M | $1.1M | — |
| Iowa Trust and Savings Bank | CENTERVILLE | 6 | $856K | $143K | — |
| Collins Community Credit Union | Cedar Rapids | 6 | $1.9M | $318K | ⭐ |
| Twin Cedars Bank | BUSSEY | 6 | $2.0M | $340K | — |
| Charter Bank | JOHNSTON | 6 | $3.3M | $545K | — |
| Central State Bank | Coralville | 6 | $3.1M | $520K | — |
| South Ottumwa Savings Bank | OTTUMWA | 5 | $1.0M | $208K | — |
| Luana Savings Bank | LUANA | 4 | $857K | $214K | — |
| West Bank | West Des Moines | 4 | $1.3M | $328K | ⭐ |
| Green Belt Bank & Trust | IOWA FALLS | 4 | $796K | $199K | — |
| Denver Savings Bank | Denver | 4 | $1.7M | $425K | — |
| South Story Bank & Trust | SLATER | 4 | $9.2M | $2.3M | — |
| Availa Bank | CARROLL | 4 | $5.2M | $1.3M | — |
| Heartland Bank | SOMERS | 4 | $966K | $242K | — |
| Houghton State Bank | RED OAK | 3 | $506K | $169K | — |
| Fidelity Bank & Trust | DUBUQUE | 3 | $660K | $220K | — |
| BANK | WAPELLO | 3 | $1.1M | $380K | — |
| United Bank & Trust Co | MARSHALLTOWN | 3 | $950K | $317K | — |
| Farmers and Merchants State Bank | WINTERSET | 3 | $1.6M | $538K | — |
| BankIowa | CEDAR RAPIDS | 3 | $924K | $308K | — |
| Leighton State Bank | PELLA | 3 | $455K | $152K | — |
| First Security Bank & Trust Company | CHARLES CITY | 3 | $726K | $242K | — |
| Freedom Financial Bank | WEST DES MOINES | 2 | $2.3M | $1.1M | — |
| Community Bank of Oelwein | OELWEIN | 2 | $619K | $309K | — |
| GreenState CU | NORTH LIBERTY | 2 | $909K | $454K | — |
| Home State Bank | JEFFERSON | 2 | $500K | $250K | — |
| Iowa State Bank and Trust Company of Fairfield, Iowa | FAIRFIELD | 2 | $401K | $201K | — |
| The Security National Bank of Sioux City, Iowa | SIOUX CITY | 2 | $323K | $162K | — |
| Keystone Savings Bank | Marengo | 2 | $2.9M | $1.4M | — |
| Kerndt Brothers Savings Bank | LANSING | 2 | $1.4M | $710K | — |
| Premier Bank | ROCK VALLEY | 2 | $241K | $121K | — |
| Cherokee State Bank | CHEROKEE | 2 | $917K | $459K | — |
| Security State Bank | SUTHERLAND | 2 | $362K | $181K | — |
| Farmers Savings Bank & Trust | TRAER | 2 | $193K | $97K | — |
| Community State Bank | SPENCER | 2 | $158K | $79K | — |
| Iowa Trust & Savings Bank | EMMETSBURG | 2 | $260K | $130K | — |
| Community Bank | DUNLAP | 1 | $120K | $120K | — |
| Reliance State Bank | Story City | 1 | $80K | $80K | — |
| Peoples Bank | Clive | 1 | $801K | $801K | — |
| Ascentra CU | BETTENDORF | 1 | $250K | $250K | — |
| Union State Bank | GREENFIELD | 1 | $270K | $270K | — |
| Veridian CU | Waterloo | 1 | $52K | $52K | — |
| Pinnacle Bank | MARSHALLTOWN | 1 | $592K | $592K | — |
| Bridge Community Bank | MOUNT VERNON | 1 | $50K | $50K | — |
| Farmers Savings Bank | COLESBURG | 1 | $495K | $495K | — |
| CUSB Bank | Cresco | 1 | $225K | $225K | — |
| First Iowa State Bank | ALBIA | 1 | $151K | $151K | — |
| Boone Bank & Trust Co. | BOONE | 1 | $620K | $620K | — |
| Rolling Hills Bank & Trust | ATLANTIC | 1 | $1.5M | $1.5M | — |
| Iowa State Savings Bank | CRESTON | 1 | $4.3M | $4.3M | — |
| WCF Financial Bank | WEBSTER CITY | 1 | $150K | $150K | — |
| American State Bank | OSCEOLA | 1 | $1.7M | $1.7M | — |
| Security Savings Bank | GOWRIE | 1 | $1.9M | $1.9M | — |
Finding an SBA Lender in Iowa
There are currently 93 SBA-approved lenders headquartered in Iowa, ranging from national banks to local community lenders. Together they have approved 1,683 SBA 7(a) loans totaling $737.5M since 2020.
Of these, 22 are SBA Preferred Lenders — meaning they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing and funding.
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