SBA Loans for Fuel Dealers in Iowa: Top Lenders
NAICS 454NAICS 454 covers fuel dealers businesses in Iowa. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Iowa
Median Loan Size
$212,500
per approval
Recent Activity
0
last 90 days through Aug 2021
NAICS 454 covers fuel dealers businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $212,500.
Key trends & insights
- Fuel Dealers in Iowa lending is concentrated — Farmers AND Merchants Savings Bank, Bridge Community Bank, Lincoln Savings Bank together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Farmers AND Merchants Savings Bank leads this industry with 2 approvals (40% market share) and a median loan of $1,911,300.
- Fuel Dealers in Iowa loans skew smaller than the SBA average at $212,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2021-08-15 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Fuel Dealers in Iowa
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $1,911,300 | |
| 2 | 1 | $50,000 | |
| 3 | 1 | $212,500 | |
| 4 | 1 | $202,500 |
Recent SBA 7(a) approvals for Fuel Dealers in Iowa
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-08 | Lincoln Savings Bank | Von*****.C. | Cedar Falls, IA | $212,500 |
| 2021-06 | Bridge Community Bank | Hon*****nc. | TIPTON, IA | $50,000 |
| 2020-08 | Farmers and Merchants Savings Bank | BH****NC. | CEDAR RAPIDS, IA | $2,000,000 |
| 2020-08 | Farmers and Merchants Savings Bank | BH****NC. | CEDAR RAPIDS, IA | $1,822,600 |
| 2020-04 | Twin Cedars Bank | Lol*****LLC | West Des Moines, IA | $298,000 |
| 2020-01 | Bankers Trust Company | Por****LLC | URBANDALE, IA | $202,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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