47 SBA loans worth $17.7M went to businesses in Cedar Falls, IA between October 2021 and June 2026, from 15 lenders. Farmers State Bank made the most, 13 loans. The median loan was $200,000, compared with $200,000 across Iowa, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Farmers State Bank Bank · Waterloo, IA | 13 | $2.9M | $115,000 | 38% |
| 2 | Black Hawk Economic Development Certified development company · Waterloo, IA | 7 | $2.6M | $299,000 | 0% |
| 3 | Lincoln Savings Bank Bank · Reinbeck, IA | 5 | $2.1M | $400,000 | 60% |
| 4 | U.S. Bank Bank · Cincinnati, OH | 5 | $1.4M | $50,000 | 60% |
| 5 | Newtek Bank Bank · Miami, FL | 4 | $1.2M | $297,000 | 25% |
| 6 | CIBC Bank USA Bank · Chicago, IL | 2 | $5.0M | $2,489,250 | 0% |
| 7 | Celtic Bank Bank · Salt Lake City, UT | 2 | $300K | $150,000 | 0% |
| 8 | Northeast Bank Bank · Portland, ME | 2 | $215K | $107,300 | 0% |
| 9 | Denver Savings Bank Bank · Denver, IA | 1 | $549K | $549,000 | 0% |
| 10 | BankIowa Bank · Cedar Rapids, IA | 1 | $420K | $420,000 | 0% |
| 11 | Bank of Springfield Bank · Springfield, IL | 1 | $325K | $325,000 | 100% |
| 12 | Cache Valley Bank Bank · Logan, UT | 1 | $250K | $250,000 | 100% |
| 13 | Bankers Trust Bank · Des Moines, IA | 1 | $200K | $200,000 | 0% |
| 14 | Huntington National Bank Bank · Columbus, OH | 1 | $140K | $140,000 | 0% |
| 15 | Farmers and Merchants Savings Bank Bank · Manchester, IA | 1 | $100K | $100,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 10 | $200,000 | Farmers State Bank | |
| Restaurants and hotels | 7 | $360,000 | Farmers State Bank | |
| Manufacturing | 6 | $159,500 | Farmers State Bank | |
| Retail | 5 | $150,000 | Northeast Bank | |
| Health care and social assistance | 4 | $262,500 | Farmers State Bank | |
| Construction | 4 | $75,000 | U.S. Bank | |
| Arts, entertainment and recreation | 3 | $434,500 | U.S. Bank | |
| Professional and technical services | 3 | $265,000 | Black Hawk Economic Development |