SBA Loans for Professional Services in Iowa
Since fiscal year 2021, at least 41 lenders made 121 SBA loans to Professional Services businesses in Iowa. These are the most active, based on public SBA data.
Most active SBA lenders for Professional Services in Iowa
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association Cincinnati, OH | 18 | $101,841 | 42% | 7(a), Express |
| 2 | Lincoln Savings Bank Reinbeck, IA | 11 | $512,341 | 44% | 7(a), Express |
| 3 | Live Oak Banking Company Wilmington, NC | 7 | $1,108,280 | 28% | 7(a), Express |
| 4 | Farmers State Bank Waterloo, IA | 6 | $257,841 | 58% | 7(a), Express |
| 5 | Bankers Trust Company Des Moines, IA | 6 | $243,058 | 52% | 7(a), Express |
| 6 | Readycap Lending, LLC Berkeley Heights, NJ | 6 | $547,841 | 9% | 7(a) |
| 7 | Community 1st CU Ottumwa, IA | 4 | $121,659 | 59% | Express |
| 8 | Wells Fargo Bank National Association Sioux Falls, SD | 4 | $232,692 | 90% | 7(a), Express |
| 9 | Newtek Bank, National Association Miami, FL | 4 | $404,847 | 16% | 7(a), Express |
| 10 | Northeast Bank Lewiston, ME | 4 | $138,457 | 20% | 7(a) |
Related guide: What Is an SBA Loan and How Does It Work?
Other industries in Iowa
- Restaurants & Lodging324 loans
- Retail Stores261 loans
- Construction258 loans
- Personal Services & Repair234 loans
- Health Care183 loans
- Manufacturing142 loans
- Cleaning, Landscaping & Admin132 loans
- Fitness & Entertainment115 loans
Frequently asked questions
Which lenders make the most SBA loans to Professional Services businesses in Iowa?
Based on public SBA data, the most active were U.S. Bank, National Association, Lincoln Savings Bank, Live Oak Banking Company.
How many SBA loans did Professional Services businesses get in Iowa?
121 SBA loans since fiscal year 2021, from at least 41 different lenders.
Which SBA loan fits a Professional Services business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
Find your lender
Filter by program and name, or check in 2 minutes whether you might qualify.
Open the lender finder Do I qualify?
Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.