Hills Bank and Trust approved 40 SBA loans worth $10.3M between October 2021 and June 2026, ranking #629 of 2,283 SBA lenders nationally by loan count. Its median loan was $147,500, and 70% went to startups or businesses under two years old. It lent in 1 states, most often in Iowa, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Iowa | 40 | $10.3M | $147,500 | #12 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 13 | $100,000 | |
| Administrative and support services | 6 | $175,000 | |
| Agriculture, forestry and fishing | 5 | $450,000 | |
| Health care and social assistance | 4 | $75,000 | |
| Manufacturing | 4 | $1,247,500 | |
| Retail | 3 | $190,000 | |
| Other services (repair, personal care) | 2 | $81,600 | |
| Professional and technical services | 1 | $11,900 | |
| Restaurants and hotels | 1 | $15,000 | |
| Transportation and warehousing | 1 | $40,000 |