SBA lending by metro area
SBA lenders in Sioux City, IA
Which lenders fund Sioux City-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 Sioux City area
Ranked by SBA volume funded to businesses located in the Sioux City metropolitan 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 | Siouxland Economic Development Corporation | 49 | $38.4M | $784K | not reported |
| 2 | GBC International Bank | 14 | $28.9M | $2.1M | not reported |
| 3 | Dakota Business Finance | 26 | $11.8M | $452K | not reported |
| 4 | Wells Fargo Bank National Association | 21 | $7.7M | $368K | 4.76% |
| 5 | Liberty National Bank | 15 | $7.2M | $477K | not reported |
| 6 | One American Bank | 8 | $7.0M | $875K | not reported |
| 7 | Heritage Bank, National Association | 26 | $7.0M | $268K | 0.00% |
| 8 | Central Bank | 5 | $6.4M | $1.3M | not reported |
| 9 | Northwest Bank | 12 | $5.4M | $453K | not reported |
| 10 | First Interstate Bank | 9 | $4.5M | $497K | 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 Sioux City compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Sioux City area | $300K ▲ 68.5% | 26.8% ▲ 11.0 pts |
| Iowa | $178K | 15.7% |
| United States | $179K | 11.2% |
What gets funded in Sioux City
| Industry | Loans | Total funded |
|---|---|---|
| Wholesale Trade | 29 | $38.8M |
| Accommodation and Food Services | 56 | $33.1M |
| Manufacturing | 26 | $19.5M |
| Other Services | 41 | $18.0M |
| Health Care and Social Assistance | 23 | $14.2M |
| Retail Trade | 37 | $11.7M |
| Construction | 43 | $11.0M |
| Arts, Entertainment, Recreation | 9 | $7.5M |
SBA lending in Sioux City by year
Geography, precisely
"Sioux City area" here means the Sioux City, IA-NE-SD metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Dakota County, NE; Union County, SD; Woodbury 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.