The real lending record — every figure from funded deals. HQ: 1225 Jordan Creek Pkwy, West Des Moines, IA. 25 branches.
36
Recent deals (FY20+)
$74K
Typical deal
24 days
Approval → funding
0%
Failure rate (FY20–23)
Where Bank Iowa lends
Deal profile
Most Bank Iowa deals land between $50K and $158K — that range covers half of everything they fund. Top industries and states:
Industries they fund most
1.General Freight Trucking, Local (5)
2.Motion Picture and Video Production (5)
3.Florists (2)
4.Offices of Chiropractors (2)
5.Nursery, Garden Center, and Farm Supply Retailers (2)
6.Wood Kitchen Cabinet and Countertop Manufacturing (2)
7.Family Planning Centers (2)
8.Other Commercial and Industrial Machinery and Equipment Rent (2)
Most active states
1.Iowa (36 deals)
Can Bank Iowa fund you? The bank behind the loans
Total assets
$2.3B
▼ 2.7% vs prior quarter
Deposits on hand
$2.0B
▼ 3.1% vs prior quarter
Loans outstanding
$1.8B
▲ 0.8% vs prior quarter
Net income (latest qtr)
$7.4M
•SBA is a sideline here — this year's production is a rounding error against the loan book. Your deal competes with everything else they'd rather fund; a specialist bank will usually move faster. That makes Bank Iowa more SBA-focused than 30% of the banks on our record.
•Deposits shrank last quarter — worth asking early how much new-loan appetite they have right now.
•Return on assets of 1.24% — above the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.
FDIC call-report data, quarter ending 03/2026.
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Get in touch with Bank Iowa
Tell us where to reach you and we'll arrange the introduction — to Bank Iowa or a comparable SBA specialist who fits your deal even better.
Walk into a Bank Iowa branch (25)
Bank IowaMain office1225 Jordan Creek PkwyWest Des Moines, IA 50266 · since 1923 · limited service
Bank Iowa Red Oak Branch1805 N Broadway StRed Oak, IA 51566 · since 1901
Shenandoah West Branch701 W Sheridan AveShenandoah, IA 51601 · since 1909
Bank Iowa Oskaloosa Branch1710 3rd Ave EOskaloosa, IA 52577 · since 1917
Bank Iowa Denison Branch1108 BroadwayDenison, IA 51442 · since 1919
Bank Iowa Humboldt Branch506 Sumner AveHumboldt, IA 50548 · since 1927
Colfax Branch100 N Walnut StColfax, IA 50054 · since 1933
Villisca Branch300 S 3rd AveVillisca, IA 50864 · since 1934
Bank Iowa New Hampton Branch606 W Milwaukee StNew Hampton, IA 50659 · since 1937
Scroll for all 25 branches · Branch data: FDIC BankFind.
Recent deals
Achen Becker Media, LLCin Charles City, IA — $950K (2026) · purchase · Radio Broadcasting Stations
Program
7a General
Rate at approval
7.6% fixed
Term
123 months
SBA guaranteed
$713K (75%)
Approved
2/17/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
12
Business age
Change of Ownership
Industry
Radio Broadcasting Stations
If you were the buyer here
Est. deal size
$1.1M
Est. down payment (10%)
$106K
Est. cash at closing
$145K
Monthly payment
$11,142
Annual debt service
$134K
Cash flow needed (1.25×)
$167K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
DealRoom analysis of public lending records, FY2020–present. Not affiliated with Bank Iowa.
AI summary
Bank Iowa is an SBA lender tracked by DealRoom.so SBA Intelligence, with lending activity broken down by state, industry, and loan size from public records. DealRoom is not a lender.
Source: DealRoom.so SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. DealRoom is not a lender and does not guarantee financing.
Find the bank most likely to fund your deal
Bank Iowa is one of 1,000+ SBA lenders on record — and they all have different appetites. Tell us your deal size, industry, and location, and we'll point you to the banks that fund deals like yours.
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Waucoma Branch
102 1st Ave Sw
Waucoma, IA 52171 · since 1946
Schleswig Branch121 2nd StSchleswig, IA 51461 · since 1955
Humboldt Drive-Up1302 5th Avenue NorthHumboldt, IA 50548 · since 1975 · limited service
Manilla Branch341 4th StManilla, IA 51454 · since 1985
Fremont Branch210 E Main StFremont, IA 52561 · since 1993
Bank Iowa Altoona Branch420 8th St SeAltoona, IA 50009 · since 1994
Drive-In Motor Bank Branch1300 West Nishna RoadShenandoah, IA 51601 · since 1995 · limited service
Essex Branch528 Iowa AveEssex, IA 51638 · since 1996
Lawler Branch500 E Highway 24Lawler, IA 52154 · since 1998
Newton Branch215 W 2nd St NNewton, IA 50208 · since 2002
Clarinda Branch101 E Main StClarinda, IA 51632 · since 2004
Fredericksburg Branch165 N Woodward AveFredericksburg, IA 50630 · since 2005
Johnston Branch5580 Merle Hay RdJohnston, IA 50131 · since 2007
Pella Branch640 Washington StPella, IA 50219 · since 2017
West Des Moines Branch1150 Jordan Creek PkwyWest Des Moines, IA 50266 · since 2023
Clear Lake Branch1919 Us Highway 18 EClear Lake, IA 50428 · since 2025
Change of Ownership
Industry
All Other Industrial Machinery Manufacturing
If you were the buyer here
Est. deal size
$556K
Est. down payment (10%)
$56K
Est. cash at closing
$74K
Monthly payment
$16,312
Annual debt service
$196K
Cash flow needed (1.25×)
$245K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.