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SBA lender profile

First Iowa State Bank

First Iowa State Bank appears in the public SBA loan data with 12 funded 7(a) loans since FY2010, totaling $6.7M, an average of $560K per loan, and an estimated 87 jobs supported. Its SBA lending concentrates in Iowa and the Construction sector. With only 12 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Funded loans
12
Since FY2010
Total volume
$6.7M
Average loan size
$560K
7(a) charge-off rate
Insufficient data
Only 12 7(a) loans in the data
Jobs supported (reported)
87
Programs
7(a)

Is First Iowa State Bank the right lender for you?

First Iowa State Bank appears in the SBA record with 12 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.

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Bank profile

via FDIC
Total assets
$149M
Headquarters
Keosauqua, IA
FDIC cert
#11348
Status
Inactive

Where First Iowa State Bank lends

Top states by funded SBA volume.

StateLoansTotal volume
Iowa 12 $6.7M

What First Iowa State Bank funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Construction 3 $4.1M
Retail Trade 8 $2.0M
Transportation and Warehousing 1 $618K

First Iowa State Bank SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20101$1.5M
20112$2.6M
20121$180K
20134$519K
20142$1.2M
20161$556K
20201$151K

Related SBA lenders

Other lenders active in Iowa or in Construction.

Comparing lenders? See how to choose an SBA lender by track record.

First Iowa State Bank: frequently asked questions

Does First Iowa State Bank offer SBA loans?

Yes. First Iowa State Bank appears in the public SBA data with 12 funded SBA 7(a) loans totaling $6.7M.

How many SBA loans has First Iowa State Bank made?

First Iowa State Bank is associated with 12 SBA 7(a) loans totaling $6.7M in the public SBA data (as of 2026-03-31).

What is First Iowa State Bank's SBA charge-off rate?

First Iowa State Bank appears with only 12 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.

Where does First Iowa State Bank do most of its SBA lending?

First Iowa State Bank's SBA lending in the data is most concentrated in Iowa, and by industry in Construction.

For First Iowa State Bank

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.

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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 First Iowa State Bank's 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). First Iowa State Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-iowa-state-bank/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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