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Freedom Financial Bank

Freedom Financial Bank appears in the public SBA loan data with 17 funded 7(a) loans since FY2010, totaling $7.3M, an average of $431K per loan, and an estimated 727 jobs supported. Its SBA lending concentrates in Iowa and the Construction sector. With only 17 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
17
Since FY2010
Total volume
$7.3M
Average loan size
$431K
7(a) charge-off rate
Insufficient data
Only 17 7(a) loans in the data
Jobs supported (reported)
727
Programs
7(a)

Is Freedom Financial Bank the right lender for you?

Freedom Financial Bank appears in the SBA record with 17 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
$270M
Headquarters
West Des Moines, IA
FDIC cert
#35031
Status
Active

Where Freedom Financial Bank lends

Top states by funded SBA volume.

StateLoansTotal volume
Iowa 17 $7.3M

What Freedom Financial Bank funds

Top industries by funded SBA volume.

Freedom Financial Bank SBA lending by year

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

Fiscal yearLoansTotal volume
20103$1.3M
20113$1.3M
20123$1.5M
20131$175K
20142$400K
20163$412K
20231$500K
20241$1.8M

Related SBA lenders

Other lenders active in Iowa or in Construction.

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

Freedom Financial Bank: frequently asked questions

Does Freedom Financial Bank offer SBA loans?

Yes. Freedom Financial Bank appears in the public SBA data with 17 funded SBA 7(a) loans totaling $7.3M.

How many SBA loans has Freedom Financial Bank made?

Freedom Financial Bank is associated with 17 SBA 7(a) loans totaling $7.3M in the public SBA data (as of 2026-03-31).

What is Freedom Financial Bank's SBA charge-off rate?

Freedom Financial Bank appears with only 17 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 Freedom Financial Bank do most of its SBA lending?

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

For Freedom Financial 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 Freedom Financial 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). Freedom Financial Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/freedom-financial-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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