SBA Loans for Fuel Dealers in Iowa: Top Lenders

NAICS 454

NAICS 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

#LenderApprovalsMedian Size
12$1,911,300
21$50,000
31$212,500
41$202,500

Recent SBA 7(a) approvals for Fuel Dealers in Iowa

MonthLenderBorrowerAmount
2021-08Lincoln Savings BankVon*****.C.$212,500
2021-06Bridge Community BankHon*****nc.$50,000
2020-08Farmers and Merchants Savings BankBH****NC.$2,000,000
2020-08Farmers and Merchants Savings BankBH****NC.$1,822,600
2020-04Twin Cedars BankLol*****LLC$298,000
2020-01Bankers Trust CompanyPor****LLC$202,500

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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