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SBA lender profile

United Bank of Iowa

United Bank of Iowa appears in the public SBA loan data with 93 funded 7(a) loans since FY2010, totaling $22.3M, an average of $240K per loan, and an estimated 549 jobs supported. Its SBA lending concentrates in Iowa and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 5.4%. 92.5% 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 61
Scale 42
Activity 46
Consistency 72

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
93
Since FY2010
Total volume
$22.3M
Average loan size
$240K
7(a) charge-off rate
5.4%
Share of 7(a) loans charged off
Jobs supported (reported)
549
Programs
7(a)

Is United Bank of Iowa the right lender for you?

Lenders fund what they know. United Bank of Iowa's SBA lending concentrates in Iowa (92 loans) and Accommodation and Food Services (24 loans), at an average loan of $240K. If your business does not look like that, a different SBA lender is likely the better fit.

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Bank profile

via FDIC
Total assets
$29M
Headquarters
Carroll, IA
FDIC cert
#15589
Status
Inactive

Where United Bank of Iowa lends

Top states by funded SBA volume.

StateLoansTotal volume
Iowa 92 $22.2M
South Dakota 1 $70K

Metro areas where United Bank of Iowa funds

What United Bank of Iowa funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Accommodation and Food Services 24 $8.4M
Retail Trade 23 $3.5M
Other Services 17 $2.8M
Manufacturing 6 $2.1M
Transportation and Warehousing 4 $1.5M
Wholesale Trade 3 $1.2M

United Bank of Iowa SBA lending by year

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

Fiscal yearLoansTotal volume
20109$3.6M
20115$488K
20123$371K
20132$433K
20153$373K
20168$1.2M
20177$754K
20183$320K
20192$567K
20205$687K
202111$2.7M
202218$6.0M
20235$650K
20248$3.6M
20254$562K

Related SBA lenders

Other lenders active in Iowa or in Accommodation and Food Services.

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

United Bank of Iowa: frequently asked questions

Does United Bank of Iowa offer SBA loans?

Yes. United Bank of Iowa appears in the public SBA data with 93 funded SBA 7(a) loans totaling $22.3M.

How many SBA loans has United Bank of Iowa made?

United Bank of Iowa is associated with 93 SBA 7(a) loans totaling $22.3M in the public SBA data (as of 2026-03-31).

What is United Bank of Iowa's SBA charge-off rate?

About 5.4% of United Bank of Iowa'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 United Bank of Iowa do most of its SBA lending?

United Bank of Iowa's SBA lending in the data is most concentrated in Iowa, and by industry in Accommodation and Food Services.

Is United Bank of Iowa an SBA Preferred Lender (PLP)?

The loan record shows United Bank of Iowa operating under PLP delegated authority: 86 of its 7(a) loans (92.5%) were processed through the Preferred Lenders Program, including 12 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For United Bank of Iowa

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 United Bank of Iowa'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). United Bank of Iowa SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/united-bank-of-iowa/

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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