Iowa Trust & Savings Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Iowa Trust & Savings Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 112210 | Hog and Pig Farming | 3 | $1.6M | $542K | 7.1% |
| 811111 | General Automotive Repair | 2 | $150K | $75K | 4.8% |
| 485991 | Special Needs Transportation | 2 | $260K | $130K | 4.8% |
| 812112 | Beauty Salons | 1 | $45K | $45K | 2.4% |
| 441110 | New Car Dealers | 1 | $65K | $65K | 2.4% |
| 311611 | Animal (except Poultry) Slaughtering | 1 | $133K | $133K | 2.4% |
| 311811 | Retail Bakeries | 1 | $145K | $145K | 2.4% |
| 541512 | Computer Systems Design Services | 1 | $375K | $375K | 2.4% |
| 621310 | Offices of Chiropractors | 1 | $150K | $150K | 2.4% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 1 | $16K | $16K | 2.4% |
Geographic Distribution
SBA lending activity for Iowa Trust & Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Iowa (IA) | 42 | $6.8M | 100.0% |
Why Choose Iowa Trust & Savings Bank?
Based on SBA 7(a) lending track record from 1991-2021
- ✓Proven Track Record: 42 SBA loans approved, totaling $6.8M in financing
- ✓Industry Expertise: Specialized focus on Hog and Pig Farming, General Automotive Repair, Special Needs Transportation
- ✓Competitive Terms: Average interest rate of 6.38% with flexible term lengths averaging 131 months
- ✓Loan Range: Loan sizes from $9K to $1.2M, with an average of $162K
- ✓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 Trust & Savings Bank SBA lending
What types of businesses does Iowa Trust & Savings Bank typically finance?
Iowa Trust & Savings Bank specializes in SBA 7(a) lending to specific industries including hog and pig farming, general automotive repair, special needs transportation, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Iowa Trust & Savings Bank's typical SBA loan terms?
Iowa Trust & Savings Bank's SBA 7(a) loans typically feature an average interest rate of 6.38% and average term length of 131 months (approximately 11 years). Loan sizes range from $9K to $1.2M, with an average loan size of $162K.
Do I need a business valuation for a Iowa Trust & Savings Bank SBA loan?
Yes, Iowa Trust & Savings 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 Trust & Savings Bank compare to other SBA lenders?
Iowa Trust & Savings Bank has originated 42 SBA loans totaling $6.8M 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 Trust & Savings Bank lend in?
Iowa Trust & Savings 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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