SBA business acquisition loans in Iowa
162 SBA 7(a) change-of-ownership loans totaling $127.5M in FY2024 to FY2026, median $350K, from 73 lenders.
League table
National rankings Top lenders
Top 25 by number of loans, FY2024 to FY2026
| Rank | Lender | Loans | Dollars | Median | FY24–26 trend |
|---|---|---|---|---|---|
| 1 | Northwest Bank (Spencer, IA)Spencer, IA | 10 | $7.6M | $158K | −40% |
| 2 | Live Oak Banking CompanyWilmington, NC | 8 | $11.8M | $518K | −25% |
| 2 | Huntington National BankColumbus, OH | 8 | $8.7M | $565K | +0% |
| 4 | Truliant FCUWinston-Salem, NC | 5 | $7.9M | $1.2M | new |
| 4 | United Bank of IowaIda Grove, IA | 5 | $3.7M | $405K | −100% |
| 4 | Lincoln Savings BankReinbeck, IA | 5 | $3.3M | $349K | −67% |
| 4 | Union Bank and Trust Company (Lincoln, NE)Lincoln, NE | 5 | $2.1M | $260K | −100% |
| 4 | Nicolet National BankGreen Bay, WI | 5 | $2.0M | $350K | −100% |
| 4 | Bank IowaWest Des Moines, IA | 5 | $1.8M | $190K | new |
| 10 | Farmers State Bank (Waterloo, IA)Waterloo, IA | 4 | $3.2M | $550K | −100% |
| 10 | Farmers and Merchants Savings Bank (Manchester, IA)Manchester, IA | 4 | $2.1M | $86K | −100% |
| 10 | Fortress BankPeoria, IL | 4 | $1.8M | $267K | new |
| 10 | Bankers Trust CompanyDes Moines, IA | 4 | $594K | $167K | +200% |
| 14 | GBankLas Vegas, NV | 3 | $6.8M | $2.1M | −100% |
| 14 | Central Bank (Storm Lake, IA)Storm Lake, IA | 3 | $2.4M | $734K | +0% |
| 14 | Associated BankGreen Bay, WI | 3 | $1.4M | $597K | new |
| 14 | Denver Savings BankDenver, IA | 3 | $895K | $216K | new |
| 14 | Hills Bank and Trust CompanyHills, IA | 3 | $810K | $200K | new |
| 14 | Community Savings BankEdgewood, IA | 3 | $624K | $160K | new |
| 14 | Farmers State Bank (Marion, IA)Marion, IA | 3 | $605K | $252K | +0% |
| 14 | First Interstate BankBillings, MT | 3 | $385K | $88K | −50% |
| 22 | Colony BankFitzgerald, GA | 2 | $4.4M | $2.2M | −100% |
| 22 | CBI Bank and TrustMuscatine, IA | 2 | $2.6M | $1.3M | −100% |
| 22 | Byline BankChicago, IL | 2 | $2.5M | $1.2M | +0% |
| 22 | Raccoon Valley BankPerry, IA | 2 | $1.4M | $713K | new |
Ranked by number of loans; ties broken by dollars. Bars are scaled to the leader. Trend: loans per fiscal year, FY2024 to FY2026, with the change from FY2024 to FY2026.
Loan size
Deal size mix
- Under $350K81 loans · 50% · $12.7M
- $350K to $1M41 loans · 25% · $23.6M
- $1M to $2M20 loans · 12% · $27.8M
- $2M to $5M20 loans · 12% · $63.4M
Volume
By fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2024 | 52 | $37.0M |
| FY2025 | 61 | $42.2M |
| FY2026 | 49 | $48.3M |
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