Iowa · Finance & Insurance
SBA loans for finance & insurance in Iowa
123 loans worth $44.7M approved since FY2010 for finance and insurance projects located in Iowa.
Loans
123
Approved
$44.7M
Median loan
$160,000
-20% vs sector nationally
Median rate
6.00%
Jobs supported
617
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 finance & insurance in Iowa
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 10 | $10.1M | |
| Northwest Bank | 5 | $8.4M | |
| Byline Bank | 7 | $2.9M | |
| United Midwest Savings Bank | 3 | $2.5M | |
| Iowa Business Growth Company | 7 | $2.5M | |
| Black Hawk Economic Development, Inc. | 4 | $2.3M | |
| Farmers State Bank | 9 | $1.5M | |
| Bankers Trust Company | 2 | $1.2M |
Detail
Which industries inside the sector
All SBA lending in Iowa
8,069 loans across every sector.
Finance & Insurance nationally
18,357 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to finance & insurance businesses in Iowa?
- 123 SBA loans totalling $44,740,800 have been approved for finance and insurance projects in Iowa since FY2010.
- Which lenders finance finance & insurance in Iowa?
- The most active by dollars approved are Live Oak Banking Company, Northwest Bank, Byline Bank, United Midwest Savings Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for finance & insurance in Iowa?
- The median approval is $160,000, 20% below the national median for this sector ($200,000).
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