Iowa · Transportation
SBA loans for transportation in Iowa
253 loans worth $88.9M approved since FY2010 for transportation and warehousing projects located in Iowa.
Loans
253
Approved
$88.9M
Median loan
$128,000
+100% vs sector nationally
Median rate
6.00%
Jobs supported
2,102
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 transportation in Iowa
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Iowa Business Growth Company | 11 | $10.0M | |
| Newtek Small Business Finance, Inc. | 3 | $7.4M | |
| First Interstate Bank | 4 | $6.3M | |
| Wells Fargo Bank | 17 | $5.2M | |
| Bankers Trust Company | 10 | $3.8M | |
| Lincoln Savings Bank | 5 | $3.7M | |
| E.C.I.A. Business Growth, Inc. | 3 | $3.4M | |
| Siouxland Economic Development Corporation | 6 | $3.3M |
Detail
Which industries inside the sector
All SBA lending in Iowa
8,069 loans across every sector.
Transportation nationally
49,317 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to transportation businesses in Iowa?
- 253 SBA loans totalling $88,906,700 have been approved for transportation and warehousing projects in Iowa since FY2010.
- Which lenders finance transportation in Iowa?
- The most active by dollars approved are Iowa Business Growth Company, Newtek Small Business Finance, Inc., First Interstate Bank, Wells Fargo Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for transportation in Iowa?
- The median approval is $128,000, 100% above the national median for this sector ($64,000).
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