25 SBA loans worth $11.1M went to businesses in Ottumwa, IA between October 2021 and June 2026, from 12 lenders. Community 1st CU made the most, 7 loans. The median loan was $173,900, compared with $200,000 across Iowa, and health care and social assistance was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Community 1st CU Credit union · Ottumwa, IA | 7 | $541K | $61,500 | 43% |
| 2 | South Ottumwa Savings Bank Bank · Ottumwa, IA | 3 | $849K | $286,500 | 33% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 3 | $65K | $25,000 | 33% |
| 4 | First Internet Bank of Indiana Bank · Fishers, IN | 2 | $3.2M | $1,585,000 | 100% |
| 5 | Huntington National Bank Bank · Columbus, OH | 2 | $1.5M | $733,400 | 0% |
| 6 | Iowa Business Growth Certified development company · Johnston, IA | 2 | $723K | $361,500 | 50% |
| 7 | Shoreham Bank Bank · Warwick, RI | 1 | $2.5M | $2,517,000 | 100% |
| 8 | Mechanics and Farmers Bank Bank · Durham, NC | 1 | $596K | $596,000 | 0% |
| 9 | Newtek Bank Bank · Miami, FL | 1 | $525K | $525,000 | 0% |
| 10 | Nicolet National Bank Bank · Green Bay, WI | 1 | $425K | $425,000 | 0% |
| 11 | Iowa State Bank and Trust Company of Fairfield, Iowa Bank · Fairfield, IA | 1 | $174K | $173,900 | 100% |
| 12 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $64K | $64,500 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Health care and social assistance | 5 | $500,000 | Community 1st CU | |
| Construction | 4 | $81,250 | U.S. Bank | |
| Arts, entertainment and recreation | 3 | $28,800 | Community 1st CU | |
| Restaurants and hotels | 3 | $286,500 | Shoreham Bank | |
| Transportation and warehousing | 2 | $60,150 | Community 1st CU | |
| Retail | 2 | $475,000 | Nicolet National Bank | |
| Finance and insurance | 2 | $310,500 | Mechanics and Farmers Bank | |
| Administrative and support services | 1 | $167,500 | South Ottumwa Savings Bank |