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Credit union · Ottumwa, IA

Community 1st CU: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026
55
SBA loans approved
$5.4M
Total approved
$63,400
Median loan
2
States lent in
65%
To startups
#534
National rank by loans

Community 1st CU approved 55 SBA loans worth $5.4M between October 2021 and June 2026, ranking #534 of 2,283 SBA lenders nationally by loan count. Its median loan was $63,400, and 65% went to startups or businesses under two years old. It lent in 2 states, most often in Iowa, and its most financed industry was retail.

SBA loans per fiscal year

0102030FY14: 15 loansFY14FY15: 10 loansFY15FY16: 9 loansFY16FY17: 4 loansFY17FY18: 11 loansFY18FY19: 10 loansFY19FY20: 17 loansFY20FY21: 11 loansFY21FY22: 24 loansFY2224FY23: 19 loansFY23FY24: 5 loansFY24FY25: 6 loansFY25FY26 (Oct to Jun): 1 loansFY261
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Community 1st CU lends

StateLoansApprovedMedian loanRank in state
Iowa54$5.4M$63,700#8
Missouri1$10K$10,000#282

Industries Community 1st CU finances

IndustryLoansShareMedian loan
Retail10
18%
$70,350
Health care and social assistance6
11%
$112,900
Other services (repair, personal care)6
11%
$120,600
Restaurants and hotels5
9%
$50,000
Arts, entertainment and recreation4
7%
$43,250
Administrative and support services4
7%
$35,150
Construction4
7%
$56,700
Manufacturing4
7%
$56,450
Wholesale trade3
5%
$75,000
Professional and technical services3
5%
$100,000
Loan size mix
  • Under $150,00080%
  • $150,000 to $500,00020%
  • $500,000 to $2 million0%
  • $2 million and up0%
Loan programs used
  • SBA Express100%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.