SBA lending by district
SBA lending in IA-03
SBA 7(a) and 504 financing in Iowa's 3rd 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
- 2,521
- Total funded
- $1.1B
- Average loan
- $444K
- 7(a) charge-off
- 4.1%
Borrowers in Iowa's 3rd district took 2,521 SBA loans worth $1.1B since FY2010, averaging $444K. Of the 2,164 7(a) loans, 4.1% have charged off. See the rest of Iowa.
SBA funded volume by fiscal year
Top SBA lenders in IA-03
- 1. Iowa Business Growth Company $172.0M
- 2. Lincoln Savings Bank $56.4M
- 3. Live Oak Banking Company $42.4M
- 4. Northwest Bank $40.6M
- 5. First Interstate Bank $40.3M
- 6. Wells Fargo Bank National Association $39.1M
- 7. Pivotal Business Partners $35.9M
- 8. Siouxland Economic Development Corporation $34.0M
- 9. Bankers Trust Company $33.7M
- 10. U.S. Bank, National Association $31.2M
Method. SBA 7(a) and 504 loans the SBA recorded in IA-03,
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.