SBA lending by metro area
SBA lenders in Carroll, IA
Which lenders fund Carroll-area businesses, how much, and how the market compares with Iowa: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Carroll area
Ranked by SBA volume funded to businesses located in the Carroll micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Iowa Business Growth Company | 11 | $8.6M | $780K | not reported |
| 2 | Siouxland Economic Development Corporation | 5 | $4.2M | $842K | not reported |
| 3 | Westside State Bank | 8 | $2.4M | $306K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Carroll compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Carroll area | $293K ▲ 64.3% | 42.9% ▲ 27.1 pts |
| Iowa | $178K | 15.7% |
| United States | $179K | 11.2% |
What gets funded in Carroll
| Industry | Loans | Total funded |
|---|---|---|
| Manufacturing | 10 | $9.9M |
| Accommodation and Food Services | 6 | $3.2M |
| Other Services | 7 | $2.9M |
SBA lending in Carroll by year
Geography, precisely
"Carroll area" here means the Carroll, IA micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Carroll County, IA. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.