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SBA lending by metro area

SBA lenders in Storm Lake, IA

Which lenders fund Storm Lake-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

SBA loans
32
Total funded
$17.2M
Average loan
$539K
7(a) charge-off
4.5%

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How Storm Lake compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Storm Lake area $286K ▲ 60.8% 31.3% ▲ 15.5 pts
Iowa$178K15.7%
United States$179K11.2%

What gets funded in Storm Lake

IndustryLoansTotal funded
Accommodation and Food Services 6 $5.0M
Retail Trade 11 $4.2M

SBA lending in Storm Lake by year

Geography, precisely

"Storm Lake area" here means the Storm Lake, IA micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Buena Vista 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.