SBA Loans for Offices of Physicians (except Mental Health Specialists) in Iowa: Top Lenders

NAICS 621

NAICS 621 covers offices of physicians (except mental health specialists) businesses in Iowa. Based on historical SBA 7(a) lending data.

Total Approvals

26

in Iowa

Median Loan Size

$201,250

per approval

Recent Activity

1

last 90 days through Jun 2025

NAICS 621 covers offices of physicians (except mental health specialists) businesses. This is a smaller category in SBA 7(a) lending with 26 approvals on record and a median loan size of $201,250.

Key trends & insights

  • Offices of Physicians (except Mental Health Specialists) in Iowa loans skew smaller than the SBA average at $201,250 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.

Most active SBA lenders for Offices of Physicians (except Mental Health Specialists) in Iowa

#LenderApprovalsMedian Size
13$879,500
22$114,500
32$150,000
42$201,500
52$492,750
62$537,500
72$346,500
81$68,700
91$202,500
101$200,000
111$125,000
121$75,000
131$300,000
141$1,475,600
151$26,500
161$445,300
171$35,000
181$2,700,000

Recent SBA 7(a) approvals for Offices of Physicians (except Mental Health Specialists) in Iowa

MonthLenderBorrowerAmount
2025-06Newtek Bank, National AssociationSk****owa$550,000
2025-05Live Oak Banking CompanyWIL*****LLC$2,700,000
2025-02First Interstate BankBal*****LLC$75,000
2025-02Northeast BankMER*****.C.$50,000
2025-02The Huntington National BankLAK*****INC$100,000
2025-02American National BankPet*****nc.$85,000
2025-02American National BankPet*****nc.$608,000
2025-02The Huntington National BankLAK*****INC$879,500
2024-12Bank IowaSaw*****son$68,700
2024-10BayFirst National BankDev*****LLC$125,000
2024-08U.S. Bank, National AssociationLIT*****LLC$26,500
2024-08BayFirst National BankSha*****nc.$104,000
2024-08MidWestOne BankSIN*****LLC$300,000
2024-08The Huntington National BankBre*****PLC$1,061,000
2024-07Newtek Bank, National AssociationFoo*****.C.$525,000
2024-01Farmers State BankEle*****LLC$80,000
2023-11City State Bank4Ev*****LLC$450,000
2023-11Lincoln Savings BankK B*****LLC$810,000
2023-07Farmers State BankBro*****LLC$323,000
2023-02Northeast BankMEN*****LLC$250,000
2022-07TBK Bank, SSBSla*****.C.$202,500
2022-02MVB Bank, Inc.KEV*****.C.$1,475,600
2020-12Quad City Bank and Trust CompanyBRY*****LLC$445,300
2020-11Lincoln Savings BankCOR*****LLC$175,500
2020-10Two Rivers Bank & TrustAcc*****LLC$35,000
2020-03Midwest Heritage Bank, F.S.B.Iow*****nts$200,000
2019-11Cadence BankMer*****.C.$125,000

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

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