SBA Loans for Fish and Seafood Merchant Wholesalers in Iowa: Top Lenders
NAICS 424NAICS 424 covers fish and seafood merchant wholesalers businesses in Iowa. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Iowa
Median Loan Size
$850,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 424 covers fish and seafood merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $850,000.
Key trends & insights
- Fish and Seafood Merchant Wholesalers in Iowa lending is concentrated — Farmers AND Merchants State Bank, Central Bank, Farmers AND Merchants Savings Bank together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Farmers AND Merchants State Bank leads this industry with 1 approvals (20% market share) and a median loan of $1,000,000.
- Fish and Seafood Merchant Wholesalers in Iowa loans run larger than the SBA average — a $850,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2025-02-17 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Fish and Seafood Merchant Wholesalers in Iowa
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $1,000,000 | |
| 2 | 1 | $5,000,000 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $67,500 | |
| 5 | 1 | $850,000 |
Recent SBA 7(a) approvals for Fish and Seafood Merchant Wholesalers in Iowa
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-04 | Celtic Bank Corporation | THE*****RAS | ANKENY, IA | $150,000 |
| 2025-03 | Arbor Bank | Paw*****nc. | OAKLAND, IA | $199,800 |
| 2025-02 | Central Bank | WES*****NC. | Palmer, IA | $5,000,000 |
| 2025-01 | Arbor Bank | Paw*****nc. | OAKLAND, IA | $50,000 |
| 2025-01 | Bankers Trust Company | Ava*****ted | ADEL, IA | $67,500 |
| 2024-11 | Luana Savings Bank | Ker*****LLC | Clermont, IA | $180,000 |
| 2024-11 | Rolling Hills Bank & Trust | AGH*****LLC | Menlo, IA | $1,500,000 |
| 2024-08 | JPMorgan Chase Bank, National Association | Jai*****Llc | DES MOINES, IA | $150,000 |
| 2024-07 | Wells Fargo Bank National Association | Woh*****LLC | WAVERLY, IA | $850,000 |
| 2024-04 | U.S. Bank, National Association | CIG*****LLC | MONROE, IA | $25,000 |
| 2024-04 | U.S. Bank, National Association | CIG*****LLC | MONROE, IA | $30,000 |
| 2024-02 | Farmers and Merchants Savings Bank | WSA*****LLC | CENTER POINT, IA | $230,000 |
| 2024-02 | Farmers and Merchants Savings Bank | WSA*****LLC | CENTER POINT, IA | $366,000 |
| 2023-03 | Fortress Bank | Blk*****LLC | Des Moines, IA | $2,500,000 |
| 2023-02 | Lincoln Savings Bank | 712*****LLC | Sioux City, IA | $324,000 |
| 2022-12 | U.S. Bank, National Association | SOU*****QUE | LAKE MILLS, IA | $19,200 |
| 2022-09 | MidWestOne Bank | HEN*****NC. | DUBUQUE, IA | $250,000 |
| 2022-09 | MidWestOne Bank | HEN*****NC. | DUBUQUE, IA | $717,900 |
| 2022-02 | Profinium, Inc. | IB *****LLC | FENTON, IA | $350,000 |
| 2021-02 | Farmers and Merchants Savings Bank | Rob*****nc. | CEDAR RAPIDS, IA | $557,300 |
| 2020-02 | Farmers and Merchants State Bank | HWY*****LLC | Winterset, IA | $1,000,000 |
| 2019-11 | U.S. Bank, National Association | BOO*****LLC | GRANGER, IA | $50,000 |
| 2019-10 | Farmers and Merchants Savings Bank | ZIP*****LLC | MECHANICSVILLE, IA | $150,000 |
| 2019-10 | Lincoln Savings Bank | The*****LLC | Des Moines, IA | $110,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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