Access the Top SBA Lending for Iowa Small Business
Iowa States rich agricultural heritage and hardworking ethos create a setting for business expansion. From the city of Des Moines to quaint countryside towns entrepreneurs have pathways to prosperity. Through leading SBA lending programs Iowas small businesses can access assistance to elevate their ventures.
Iowa
The Hawkeye State
272,465 small businesses
638,811 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of Iowa
Between March 2021 and March 2022, 9,797 Iowa establishments opened and 7,599 closed, for a net increase of 2,198. Employment expanded at 24,444 establishments and contracted at 20,462. Small businesses accounted for 9,177 establishment openings and 7,138 closings.
Establishments in Iowa
Employment in Iowa
Between March 2021 and March 2022, 9,797 Iowa establishments opened and 7,599 closed, for a net increase of 2,198. Employment expanded at 24,444 establishments and contracted at 20,462. Small businesses accounted for 9,177 establishment openings and 7,138 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in Iowa
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $935.5 million in loans to Iowa businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $847.9 million. Total reported new lending to businesses through loans of $1 million or less was $2.7 billion.
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of Iowa's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in Iowa
Business Count by Demographic in Iowa
Total Iowa Employement by Business Size
Small Business Employment and Payroll by Industry in Iowa
Source: Business Employment Dynamics (BLS)