SBA lender profile
Freedom Financial Bank
Freedom Financial Bank appears in the public SBA loan data with 2 funded 7(a) loans totaling $2.3M, an average of $1.1M per loan, and an estimated 200 jobs supported. Its SBA lending concentrates in Iowa and the Construction 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
2
Total volume
$2.3M
Average loan size
$1.1M
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
200
Programs
7(a)
Bank profile
via FDIC- Total assets
- $270M
- Headquarters
- West Des Moines, IA
- FDIC cert
- #35031
- Status
- Active
Where Freedom Financial Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Iowa | 2 | $2.3M |
What Freedom Financial Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 2 | $2.3M |
Freedom Financial Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2023 | 1 | $500K |
| 2024 | 1 | $1.8M |
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 Freedom Financial Bank'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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