SBA lender profile
Iowa Business Growth Company
Iowa Business Growth Company appears in the public SBA loan data with 504 funded 504 loans totaling $324.5M, an average of $644K per loan, and an estimated 5,076 jobs supported. Its SBA lending concentrates in Iowa and the Accommodation and Food Services 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
504
Total volume
$324.5M
Average loan size
$644K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
5,076
Programs
504
Iowa Business Growth Company is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Iowa Business Growth Company lends
Top states by funded SBA volume.
What Iowa Business Growth Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 74 | $67.4M |
| Manufacturing | 63 | $50.2M |
| Health Care and Social Assistance | 73 | $37.8M |
| Retail Trade | 51 | $35.5M |
| Other Services | 48 | $24.2M |
| Wholesale Trade | 24 | $18.9M |
Iowa Business Growth Company SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 40 | $18.3M |
| 2011 | 47 | $25.1M |
| 2012 | 43 | $17.1M |
| 2013 | 36 | $18.0M |
| 2014 | 28 | $14.8M |
| 2015 | 28 | $13.9M |
| 2016 | 19 | $12.3M |
| 2017 | 25 | $12.5M |
| 2018 | 24 | $12.5M |
| 2019 | 12 | $15.8M |
| 2020 | 34 | $34.8M |
| 2021 | 47 | $36.1M |
| 2022 | 47 | $35.6M |
| 2023 | 23 | $15.3M |
| 2024 | 16 | $16.6M |
| 2025 | 28 | $19.6M |
| 2026 | 7 | $6.5M |
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 Iowa Business Growth Company'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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