Siouxland Economic Development approved 49 SBA loans worth $42.5M between October 2021 and June 2026, ranking #571 of 2,283 SBA lenders nationally by loan count. Its median loan was $702,000, and 14% went to startups or businesses under two years old. It lent in 3 states, most often in Iowa, and its most financed industry was manufacturing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Iowa | 47 | $41.3M | $706,000 | #11 |
| Nebraska | 1 | $557K | $557,000 | #96 |
| South Dakota | 1 | $630K | $630,000 | #55 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Manufacturing | 18 | $802,000 | |
| Restaurants and hotels | 9 | $713,000 | |
| Other services (repair, personal care) | 7 | $330,000 | |
| Professional and technical services | 4 | $610,500 | |
| Retail | 3 | $1,229,000 | |
| Agriculture, forestry and fishing | 3 | $506,000 | |
| Construction | 2 | $664,000 | |
| Education | 1 | $630,000 | |
| Transportation and warehousing | 1 | $698,000 | |
| Wholesale trade | 1 | $442,000 |