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Iowa · Agriculture
SBA loans for agriculture in Iowa
131 loans worth $82.5M approved since FY2010 for agriculture, forestry, fishing and hunting projects located in Iowa.
Loans
131
Approved
$82.5M
Median loan
$320,000
+60% vs sector nationally
Median rate
6.00%
Jobs supported
871
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to agriculture in Iowa
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Siouxland Economic Development Corporation | 18 | $13.9M | |
| Dakota Business Finance | 7 | $9.5M | |
| Peoples Savings Bank | 4 | $5.4M | |
| Iowa Business Growth Company | 8 | $4.8M | |
| Wells Fargo Bank | 4 | $3.4M | |
| American Bank and Trust | 2 | $3.1M | |
| First Citizens Bank | 1 | $2.9M | |
| Citizens State Bank | 2 | $2.9M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for agriculture in Iowa since FY2010 was $320,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Iowa
8,069 loans across every sector.
Agriculture nationally
13,339 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to agriculture businesses in Iowa?
- 131 SBA loans totalling $82,491,900 have been approved for agriculture, forestry, fishing and hunting projects in Iowa since FY2010.
- Which lenders finance agriculture in Iowa?
- The most active by dollars approved are Siouxland Economic Development Corporation, Dakota Business Finance, Peoples Savings Bank, Iowa Business Growth Company. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for agriculture in Iowa?
- The median approval is $320,000, 60% above the national median for this sector ($200,000).
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