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Certified development company · Johnston, IA

Iowa Business Growth: SBA lending profile

Iowa Business Growth Company · SBA 504 loans, October 2021 to June 30, 2026 · Updated October 15, 2026
126
SBA loans approved
$97.1M
Total approved
$476,000
Median loan
1
States lent in
22%
To startups
#302
National rank by loans

Iowa Business Growth approved 126 SBA loans worth $97.1M between October 2021 and June 2026, ranking #302 of 2,283 SBA lenders nationally by loan count. Its median loan was $476,000, and 22% went to startups or businesses under two years old. It lent in 1 states, most often in Iowa, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

0173350FY14: 28 loansFY14FY15: 28 loansFY15FY16: 19 loansFY16FY17: 25 loansFY17FY18: 24 loansFY18FY19: 12 loansFY19FY20: 34 loansFY20FY21: 47 loansFY2147FY22: 47 loansFY22FY23: 23 loansFY23FY24: 16 loansFY24FY25: 28 loansFY25FY26 (Oct to Jun): 12 loansFY2612
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Iowa Business Growth lends

StateLoansApprovedMedian loanRank in state
Iowa126$97.1M$476,000#2

Industries Iowa Business Growth finances

IndustryLoansShareMedian loan
Restaurants and hotels28
22%
$623,000
Health care and social assistance17
13%
$478,000
Other services (repair, personal care)14
11%
$504,000
Construction12
10%
$322,500
Professional and technical services12
10%
$249,000
Retail9
7%
$525,000
Education5
4%
$198,000
Arts, entertainment and recreation5
4%
$330,000
Transportation and warehousing5
4%
$625,000
Wholesale trade5
4%
$248,000
Loan size mix
  • Under $150,0006%
  • $150,000 to $500,00045%
  • $500,000 to $2 million42%
  • $2 million and up7%
Loan programs used
  • 504 Basic59%
  • Accredited Lender (504)33%
  • 504 Refinancing Program4%
  • ALP Express4%
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.