SBA lender profile
TruBank
TruBank appears in the public SBA loan data with 33 funded 7(a) loans totaling $11.0M, an average of $332K per loan, and an estimated 294 jobs supported. Its SBA lending concentrates in Iowa and the Retail Trade 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
33
Total volume
$11.0M
Average loan size
$332K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
294
Programs
7(a)
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 | 33 | $11.0M |
What TruBank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 10 | $3.3M |
| Manufacturing | 1 | $3.1M |
| Administrative and Support | 5 | $1.4M |
| Accommodation and Food Services | 7 | $1.2M |
| Real Estate | 1 | $476K |
| Other Services | 2 | $415K |
TruBank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 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 |
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 TruBank'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.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.