SBA lender profile
Community 1st CU
Community 1st CU appears in the public SBA loan data with 82 funded 7(a) loans totaling $10.8M, an average of $132K per loan, and an estimated 513 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 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
82
Total volume
$10.8M
Average loan size
$132K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
513
Programs
7(a)
Where Community 1st CU lends
Top states by funded SBA volume.
What Community 1st CU funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 11 | $2.7M |
| Retail Trade | 16 | $2.7M |
| Transportation and Warehousing | 4 | $913K |
| Health Care and Social Assistance | 7 | $794K |
| Other Services | 6 | $718K |
| Construction | 8 | $673K |
Community 1st CU SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 17 | $3.2M |
| 2021 | 11 | $2.4M |
| 2022 | 24 | $1.9M |
| 2023 | 19 | $2.3M |
| 2024 | 5 | $235K |
| 2025 | 6 | $746K |
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 Community 1st CU'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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