30 SBA loans worth $14.7M went to businesses in Marion, IA between October 2021 and June 2026, from 16 lenders. Farmers State Bank made the most, 5 loans. The median loan was $209,500, 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 · Marion, IA | 5 | $883K | $135,500 | 80% |
| 2 | Iowa Business Growth Certified development company · Johnston, IA | 3 | $1.6M | $260,000 | 33% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 3 | $298K | $38,000 | 33% |
| 4 | Farmers and Merchants Savings Bank Bank · Manchester, IA | 2 | $1.2M | $625,000 | 50% |
| 5 | Fairfax State Savings Bank Bank · Fairfax, IA | 2 | $471K | $235,400 | 0% |
| 6 | Cedar Rapids Bank and Trust Bank · Cedar Rapids, IA | 2 | $444K | $222,100 | 100% |
| 7 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $325K | $162,500 | 100% |
| 8 | Hills Bank and Trust Bank · Hills, IA | 2 | $239K | $119,550 | 50% |
| 9 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $45K | $22,500 | 100% |
| 10 | E.C.I.A. Business Growth Certified development company · Dubuque, IA | 1 | $4.6M | $4,569,000 | 100% |
| 11 | BankIowa Bank · Cedar Rapids, IA | 1 | $1.6M | $1,630,600 | 0% |
| 12 | Truliant FCU Credit union · Winston-Salem, NC | 1 | $1.2M | $1,225,000 | 0% |
| 13 | Dakota Business Finance Certified development company · Sioux Falls, SD | 1 | $1.0M | $1,024,000 | 0% |
| 14 | Community Savings Bank Bank · Edgewood, IA | 1 | $325K | $325,000 | 0% |
| 15 | Black Hawk Economic Development Certified development company · Waterloo, IA | 1 | $229K | $229,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 7 | $89,700 | U.S. Bank | |
| Administrative and support services | 4 | $175,000 | Huntington National Bank | |
| Health care and social assistance | 3 | $260,000 | Hills Bank and Trust | |
| Construction | 3 | $30,000 | Wells Fargo Bank | |
| Retail | 3 | $128,000 | Farmers State Bank | |
| Restaurants and hotels | 3 | $445,800 | Fairfax State Savings Bank | |
| Manufacturing | 2 | $747,500 | Farmers and Merchants Savings Bank | |
| Arts, entertainment and recreation | 1 | $354,500 | Cedar Rapids Bank and Trust |