Iowa Business Development
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Iowa Business Development · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 321992 | Prefabricated Wood Building Manufacturing | 1 | $300K | $300K | 7.7% |
| 541512 | Computer Systems Design Services | 1 | $300K | $300K | 7.7% |
| 541430 | Graphic Design Services | 1 | $150K | $150K | 7.7% |
Geographic Distribution
SBA lending activity for Iowa Business Development by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 13 | $3.7M | 100.0% |
Why Choose Iowa Business Development?
Based on SBA 7(a) lending track record from 1991-1995
- ✓Proven Track Record: 13 SBA loans approved, totaling $3.7M in financing
- ✓Industry Expertise: Specialized focus on Prefabricated Wood Building Manufacturing, Computer Systems Design Services, Graphic Design Services
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 102 months
- ✓Loan Range: Loan sizes from $125K to $800K, with an average of $285K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IA
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Iowa Business Development SBA lending
What types of businesses does Iowa Business Development typically finance?
Iowa Business Development specializes in SBA 7(a) lending to specific industries including prefabricated wood building manufacturing, computer systems design services, graphic design services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Iowa Business Development's typical SBA loan terms?
Iowa Business Development's SBA 7(a) loans typically feature an average interest rate of — and average term length of 102 months (approximately 9 years). Loan sizes range from $125K to $800K, with an average loan size of $285K.
Do I need a business valuation for a Iowa Business Development SBA loan?
Yes, Iowa Business Development typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Iowa Business Development compare to other SBA lenders?
Iowa Business Development has originated 13 SBA loans totaling $3.7M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Iowa Business Development lend in?
Iowa Business Development provides SBA 7(a) financing with particularly strong presence in IA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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