SBA lender profile
BankIowa
BankIowa appears in the public SBA loan data with 24 funded 7(a) loans since FY2010, totaling $7.7M, an average of $320K per loan, and an estimated 225 jobs supported. Its SBA lending concentrates in Iowa and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 76
- Scale 8
- Activity 21
- Consistency 56
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is BankIowa the right lender for you?
Lenders fund what they know. BankIowa's SBA lending concentrates in Iowa (22 loans) and Manufacturing (5 loans), at an average loan of $320K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $210M
- Headquarters
- Waterloo, IA
- FDIC cert
- #12860
- Status
- Inactive
Where BankIowa lends
Top states by funded SBA volume.
What BankIowa funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 5 | $3.5M |
| Accommodation and Food Services | 4 | $1.7M |
| Professional and Technical Services | 3 | $768K |
| Retail Trade | 4 | $641K |
| Administrative and Support | 2 | $340K |
| Construction | 2 | $275K |
BankIowa SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 7 | $2.5M |
| 2011 | 5 | $3.0M |
| 2012 | 2 | $83K |
| 2013 | 1 | $42K |
| 2014 | 1 | $123K |
| 2016 | 1 | $150K |
| 2017 | 1 | $75K |
| 2018 | 1 | $190K |
| 2019 | 2 | $667K |
| 2022 | 1 | $216K |
| 2024 | 2 | $708K |
Related SBA lenders
Other lenders active in Iowa or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
BankIowa: frequently asked questions
Does BankIowa offer SBA loans?
Yes. BankIowa appears in the public SBA data with 24 funded SBA 7(a) loans totaling $7.7M.
How many SBA loans has BankIowa made?
BankIowa is associated with 24 SBA 7(a) loans totaling $7.7M in the public SBA data (as of 2026-03-31).
What is BankIowa's SBA charge-off rate?
About 0.0% of BankIowa's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does BankIowa do most of its SBA lending?
BankIowa's SBA lending in the data is most concentrated in Iowa, and by industry in Manufacturing.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). BankIowa SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/bankiowa/
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