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SBA lender profile

First National Bank Ames, Iowa

First National Bank Ames, Iowa appears in the public SBA loan data with 34 funded 7(a) loans since FY2010, totaling $9.6M, an average of $281K per loan, and an estimated 303 jobs supported. Its SBA lending concentrates in Iowa and the Wholesale Trade sector. Across its 7(a) loans, the charge-off rate is 2.9%. 44.1% of its 7(a) loans were processed under delegated PLP authority.

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

Track record 70
Scale 15
Activity 23
Consistency 58

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
34
Since FY2010
Total volume
$9.6M
Average loan size
$281K
7(a) charge-off rate
2.9%
Share of 7(a) loans charged off
Jobs supported (reported)
303
Programs
7(a)

Is First National Bank Ames, Iowa the right lender for you?

Lenders fund what they know. First National Bank Ames, Iowa's SBA lending concentrates in Iowa (32 loans) and Wholesale Trade (1 loan), at an average loan of $281K. If your business does not look like that, a different SBA lender is likely the better fit.

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Where First National Bank Ames, Iowa lends

Top states by funded SBA volume.

StateLoansTotal volume
Iowa 32 $6.7M
California 1 $2.5M
Illinois 1 $350K

What First National Bank Ames, Iowa funds

Top industries by funded SBA volume.

First National Bank Ames, Iowa SBA lending by year

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

Fiscal yearLoansTotal volume
20103$195K
20114$4.8M
20122$95K
20141$73K
20152$215K
20172$80K
20183$400K
20195$1.5M
20202$350K
20214$1.0M
20243$529K
20253$294K

Related SBA lenders

Other lenders active in Iowa or in Wholesale Trade.

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First National Bank Ames, Iowa: frequently asked questions

Does First National Bank Ames, Iowa offer SBA loans?

Yes. First National Bank Ames, Iowa appears in the public SBA data with 34 funded SBA 7(a) loans totaling $9.6M.

How many SBA loans has First National Bank Ames, Iowa made?

First National Bank Ames, Iowa is associated with 34 SBA 7(a) loans totaling $9.6M in the public SBA data (as of 2026-03-31).

What is First National Bank Ames, Iowa's SBA charge-off rate?

About 2.9% of First National Bank Ames, Iowa'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 First National Bank Ames, Iowa do most of its SBA lending?

First National Bank Ames, Iowa's SBA lending in the data is most concentrated in Iowa, and by industry in Wholesale Trade.

Is First National Bank Ames, Iowa an SBA Preferred Lender (PLP)?

The loan record shows First National Bank Ames, Iowa operating under PLP delegated authority: 15 of its 7(a) loans (44.1%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For First National Bank Ames, Iowa

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 National Bank Ames, Iowa'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 National Bank Ames, Iowa SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/first-national-bank-ames-iowa/

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