SBA lender profile
BankIowa
BankIowa appears in the public SBA loan data with 3 funded 7(a) loans totaling $924K, an average of $308K per loan, and an estimated 26 jobs supported. Its SBA lending concentrates in Iowa and the Professional and Technical Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
3
Total volume
$924K
Average loan size
$308K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
26
Programs
7(a)
Bank profile
via FDIC- Total assets
- $210M
- Headquarters
- Waterloo, IA
- FDIC cert
- #12860
- Status
- Inactive
Where BankIowa lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Iowa | 3 | $924K |
What BankIowa funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Professional and Technical Services | 2 | $708K |
| Retail Trade | 1 | $216K |
BankIowa SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2022 | 1 | $216K |
| 2024 | 2 | $708K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of BankIowa's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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