Iowa Falls State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Iowa Falls State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722515 | Snack and Nonalcoholic Beverage Bars | 1 | $140K | $140K | 10.0% |
| 541921 | Photography Studios, Portrait | 1 | $35K | $35K | 10.0% |
| 512110 | Motion Picture and Video Production | 1 | $10K | $10K | 10.0% |
Geographic Distribution
SBA lending activity for Iowa Falls State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 10 | $805K | 100.0% |
Why Choose Iowa Falls State Bank?
Based on SBA 7(a) lending track record from 1992-2016
- ✓Proven Track Record: 10 SBA loans approved, totaling $805K in financing
- ✓Industry Expertise: Specialized focus on Snack and Nonalcoholic Beverage Bars, Photography Studios, Portrait, Motion Picture and Video Production
- ✓Competitive Terms: Average interest rate of 5.50% with flexible term lengths averaging 137 months
- ✓Loan Range: Loan sizes from $10K to $225K, with an average of $80K
- ✓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 Falls State Bank SBA lending
What types of businesses does Iowa Falls State Bank typically finance?
Iowa Falls State Bank specializes in SBA 7(a) lending to specific industries including snack and nonalcoholic beverage bars, photography studios, portrait, motion picture and video production. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Iowa Falls State Bank's typical SBA loan terms?
Iowa Falls State Bank's SBA 7(a) loans typically feature an average interest rate of 5.50% and average term length of 137 months (approximately 11 years). Loan sizes range from $10K to $225K, with an average loan size of $80K.
Do I need a business valuation for a Iowa Falls State Bank SBA loan?
Yes, Iowa Falls State Bank 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 Falls State Bank compare to other SBA lenders?
Iowa Falls State Bank has originated 10 SBA loans totaling $805K since 1992. 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 Falls State Bank lend in?
Iowa Falls State Bank 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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