SBA Loans for Trucking & Transportation in Iowa
Since fiscal year 2021, at least 36 lenders made 93 SBA loans to Trucking & Transportation businesses in Iowa. These are the most active, based on public SBA data.
Most active SBA lenders for Trucking & Transportation in Iowa
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association Cincinnati, OH | 9 | $101,841 | 42% | 7(a), Express |
| 2 | Bank Iowa West Des Moines, IA | 6 | $293,224 | 47% | 7(a), Express |
| 3 | City State Bank Norwalk, IA | 5 | $530,106 | 48% | 7(a), Express |
| 4 | Wells Fargo Bank National Association Sioux Falls, SD | 5 | $232,692 | 90% | 7(a), Express |
| 5 | Lincoln Savings Bank Reinbeck, IA | 4 | $512,341 | 44% | 7(a), Express |
| 6 | Northeast Bank Lewiston, ME | 4 | $138,457 | 20% | 7(a) |
| 7 | Northwest Bank Spencer, IA | 4 | $411,785 | 53% | 7(a), Express |
| 8 | Community 1st CU Ottumwa, IA | 3 | $121,659 | 59% | Express |
| 9 | First State Bank Webster City, IA | 3 | $160,875 | 0% | Express |
| 10 | Lendistry SBLC, LLC Los Angeles, CA | 3 | $233,343 | 0% | 7(a) |
Related guide: Trucking Business Loans
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
- Professional Services121 loans
Frequently asked questions
Which lenders make the most SBA loans to Trucking & Transportation businesses in Iowa?
Based on public SBA data, the most active were U.S. Bank, National Association, Bank Iowa, City State Bank.
How many SBA loans did Trucking & Transportation businesses get in Iowa?
93 SBA loans since fiscal year 2021, from at least 36 different lenders.
Which SBA loan fits a Trucking & Transportation 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.
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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.