Advertiser disclosure: Some links on this page earn us a commission. Compensation never affects our data, our rankings, or which lenders we cover. How we make money.
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
An SBA 7(a) lender for loans this size
The median SBA loan approved for transportation in Iowa since FY2010 was $128,000. 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.
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).
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.