SBA Loans for Data Processing in Iowa: Top Lenders

NAICS 518

NAICS 518 covers data processing, hosting, and related services businesses in Iowa. Based on historical SBA 7(a) lending data.

Total Approvals

1

in Iowa

Median Loan Size

$75,000

per approval

Recent Activity

0

last 90 days through Jun 2022

NAICS 518 covers data processing, hosting, and related services businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $75,000.

Key trends & insights

  • Data Processing in Iowa loans skew smaller than the SBA average at $75,000 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 2022-06-23 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Data Processing in Iowa

#LenderApprovalsMedian Size
11$75,000

Recent SBA 7(a) approvals for Data Processing in Iowa

MonthLenderBorrowerAmount
2022-06Lincoln Savings BankSTS*****LLC$75,000

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

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