SHANE PIERSON · SBA DATA
SBA Lending by State · Iowa

SBA Lending in Iowa

Iowa is a mid-sized SBA market concentrated in food and lodging, growing -18%.

19,528
Total SBA loans
$5.3B
Approved dollars
5.8
Loans per 1,000 businesses / yr
-18%
Growth, 2010s to 2020s
6.7%
Active-loan distress
#30
Rank, national volume
#27
Rank, loans per business

Every SBA 7(a) and 504 loan approved in Iowa since 1991 sits in the public federal record. Iowa accounts for 19,528 of them, worth $5.3B, split 16,772 under 7(a) and 2,756 under 504. Roughly 12% of 7(a) went to startups and new businesses.

Top industries funded in Iowa

  • Other3,133 loans · $423M
  • Retail2,480 loans · $525M
  • Food & Lodging1,722 loans · $530M
  • Construction1,550 loans · $328M
  • Personal Services1,420 loans · $271M
  • Manufacturing1,163 loans · $465M

Program mix

16,772
7(a) loans
2,756
504 loans
12%
To startups & new businesses
88%
To existing businesses
See Iowa on the interactive map

Drill Iowa to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

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Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026.