SBA lender profile
TruBank
TruBank appears in the public SBA loan data with 89 funded 7(a) loans since FY2010, totaling $21.5M, an average of $242K per loan, and an estimated 854 jobs supported. Its SBA lending concentrates in Iowa and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 7.9%. 41.6% 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 53
- Scale 41
- Activity 49
- Consistency 82
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is TruBank the right lender for you?
Lenders fund what they know. TruBank's SBA lending concentrates in Iowa (89 loans) and Retail Trade (20 loans), at an average loan of $242K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $134M
- Headquarters
- Oskaloosa, IA
- FDIC cert
- #15484
- Status
- Inactive
Where TruBank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Iowa | 89 | $21.5M |
Metro areas where TruBank funds
What TruBank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 20 | $4.9M |
| Accommodation and Food Services | 21 | $3.8M |
| Manufacturing | 1 | $3.1M |
| Construction | 17 | $2.5M |
| Arts, Entertainment, Recreation | 5 | $2.2M |
| Administrative and Support | 5 | $1.4M |
TruBank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 5 | $465K |
| 2011 | 9 | $2.0M |
| 2012 | 9 | $1.3M |
| 2013 | 7 | $1.5M |
| 2014 | 5 | $528K |
| 2015 | 3 | $509K |
| 2016 | 7 | $1.1M |
| 2018 | 6 | $1.3M |
| 2019 | 5 | $1.9M |
| 2020 | 3 | $1.9M |
| 2021 | 5 | $1.3M |
| 2022 | 7 | $2.0M |
| 2023 | 5 | $1.3M |
| 2024 | 7 | $519K |
| 2025 | 4 | $3.8M |
| 2026 | 2 | $150K |
Related SBA lenders
Other lenders active in Iowa or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
TruBank: frequently asked questions
Does TruBank offer SBA loans?
Yes. TruBank appears in the public SBA data with 89 funded SBA 7(a) loans totaling $21.5M.
How many SBA loans has TruBank made?
TruBank is associated with 89 SBA 7(a) loans totaling $21.5M in the public SBA data (as of 2026-03-31).
What is TruBank's SBA charge-off rate?
About 7.9% of TruBank'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 TruBank do most of its SBA lending?
TruBank's SBA lending in the data is most concentrated in Iowa, and by industry in Retail Trade.
Is TruBank an SBA Preferred Lender (PLP)?
The loan record shows TruBank operating under PLP delegated authority: 37 of its 7(a) loans (41.6%) were processed through the Preferred Lenders Program, including 9 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
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.
Request your institution's benchmarking →Mario Bailey. (2026). TruBank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/trubank/
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