SBA lending by district
SBA lending in IA-02
SBA 7(a) and 504 financing in Iowa's 2nd district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 1,690
- Total funded
- $664.7M
- Average loan
- $393K
- 7(a) charge-off
- 4.5%
Borrowers in Iowa's 2nd district took 1,690 SBA loans worth $664.7M since FY2010, averaging $393K. Of the 1,505 7(a) loans, 4.5% have charged off. See the rest of Iowa.
SBA funded volume by fiscal year
Top SBA lenders in IA-02
- 1. Iowa Business Growth Company $50.5M
- 2. Quad City Bank and Trust Company $38.1M
- 3. Nicolet National Bank $29.3M
- 4. Small Business Growth Corporation $28.7M
- 5. First Central State Bank $18.4M
- 6. Hills Bank and Trust Company $17.7M
- 7. Live Oak Banking Company $17.6M
- 8. Community 1st CU $17.3M
- 9. Siouxland Economic Development Corporation $16.5M
- 10. Time Bank $16.5M
Method. SBA 7(a) and 504 loans the SBA recorded in IA-02,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.