SBA lender profile
Cedar Rapids Bank and Trust Company
Cedar Rapids Bank and Trust Company appears in the public SBA loan data with 30 funded 7(a) loans totaling $23.0M, an average of $767K per loan, and an estimated 500 jobs supported. Its SBA lending concentrates in Iowa and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 3.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
30
Total volume
$23.0M
Average loan size
$767K
Charge-off rate
3.3%
Share of funded loans charged off
Jobs supported (reported)
500
Programs
7(a)
Bank profile
via FDIC- Total assets
- $2.9B
- Headquarters
- Cedar Rapids, IA
- FDIC cert
- #57244
- Status
- Active
Where Cedar Rapids Bank and Trust Company lends
Top states by funded SBA volume.
What Cedar Rapids Bank and Trust Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 3 | $8.5M |
| Wholesale Trade | 2 | $5.5M |
| Retail Trade | 4 | $3.6M |
| Other Services | 3 | $1.1M |
| Educational Services | 2 | $902K |
| Health Care and Social Assistance | 3 | $875K |
Cedar Rapids Bank and Trust Company SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 4 | $5.7M |
| 2021 | 6 | $11.9M |
| 2022 | 1 | $215K |
| 2023 | 4 | $645K |
| 2024 | 9 | $2.2M |
| 2025 | 5 | $1.9M |
| 2026 | 1 | $355K |
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 Cedar Rapids Bank and Trust Company'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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