Bank · Spencer, IA
Northwest Bank (Spencer, IA)
Made 14 SBA 7(a) change-of-ownership loans totaling $12.9M in FY2024 to FY2026: #196 of 1,054 lenders by loans and #211 by dollars. Lends in 4 states. Part of Northwest Financial Corp.
#196by loans, FY24–26
14loans
$12.9Mapproved
$172Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 5 | $1.8M | $121K | 0.1% |
| FY2025 | 4 | $1.4M | $172K | 0.1% |
| FY2026 | 5 | $9.7M | $2.6M | 0.1% |
Loan size
Deal size mix
29% of its loans were $1M or more.
- Under $350K9 loans · 64% · $1.1M
- $350K to $1M1 loans · 7% · $978K
- $1M to $2M1 loans · 7% · $1.3M
- $2M to $5M3 loans · 21% · $9.6M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Construction | 3 | $7.1M |
| Retail Trade | 3 | $2.8M |
| Other Services | 3 | $1.5M |
| Accommodation & Food Services | 3 | $1.1M |
| Manufacturing | 1 | $319K |
| Health Care & Social Assistance | 1 | $80K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Iowa | 10 | $7.6M |
| Nebraska | 2 | $4.2M |
| Missouri | 1 | $151K |
| South Dakota | 1 | $978K |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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