Top SBA Lenders 2026
Top SBA lenders in Iowa, 2026
126 lenders hold credited SBA approvals in Iowa, 5,952 loans in total. Here are the ten with the most. Ranked by approvals alone; ties break alphabetically.
How this ranking works · Payment has no effect on rank.
| Rank | Lender | Based in | SBA approvals in state | Share | SBA dollars in state | Google rating |
|---|---|---|---|---|---|---|
| #1 | U.S. Bank, National Association | Ohio | 654 | 11% | $70M | 2.1(31) |
| #2 | Farmers State Bank | Iowa | 425 | 7.1% | $107M | 4.5(61) |
| #3 | Wells Fargo Bank National Association | South Dakota | 357 | 6% | $85M | 3.0(23) |
| #4 | Cedar Rapids Bank and Trust Company | Iowa | 249 | 4.2% | $118M | 3.6(66) |
| #5 | Bankers Trust Company | Iowa | 205 | 3.4% | $79M | 3.1(19) |
| #6 | Lincoln Savings Bank | Iowa | 203 | 3.4% | $116M | 5.0(8) |
| #7 | Hills Bank and Trust Company | Iowa | 199 | 3.3% | $32M | 3.6(17) |
| #8 | First Interstate Bank | Montana | 183 | 3.1% | $115M | 3.0(35) |
| #9 | Nicolet National Bank | Wisconsin | 180 | 3% | $78M | 3.7(49) |
| #10 | Community 1st CU | Iowa | 168 | 2.8% | $22M | 3.4(24) |
Source: U.S. SBA 7(a) and 504 loan-approval records (FOIA), aggregated August 18, 2026. Dollars and rating are shown for context only. They are not ranking inputs.
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#1 · U.S. Bank, National Association
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