Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for Iowa.
In 2022 there were 88 SBA lenders that approved 340 SBA 7(a) loans for projects in Iowa totaling $137,784,900. The average loan amount was $405,250. Borrowers from 128 cities were approved for projects in Iowa for 152 industries. The SBA loan approvals in 2022 represent 3,150 jobs supported or saved in Iowa.
There were 41 franchise branded businesses receiving 53 loan approvals for $29,441,200 with an average loan amount of $555,494.
Our forecast model projects $138 million in total Iowa SBA 7(a) loan approval amounts in 2023 with $38 million to franchise businesses.
Iowa Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Iowa Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
