SBA Loans for Child Day Care Services in Iowa: Top Lenders

NAICS 624

NAICS 624 covers child day care services businesses in Iowa. Based on historical SBA 7(a) lending data.

Total Approvals

8

in Iowa

Median Loan Size

$186,500

per approval

Recent Activity

1

last 90 days through Jun 2025

NAICS 624 covers child day care services businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $186,500.

Key trends & insights

  • Child Day Care Services in Iowa lending is concentrated — U.s. Bank, National Association, Cedar Rapids Bank AND Trust Company, United Bank OF Iowa together account for 50% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • U.s. Bank, National Association leads this industry with 2 approvals (25% market share) and a median loan of $117,200.
  • Child Day Care Services in Iowa loans skew smaller than the SBA average at $186,500 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 Child Day Care Services in Iowa

Recent SBA 7(a) approvals for Child Day Care Services in Iowa

MonthLenderBorrowerAmount
2025-06Climate First BankGre*****LLC$687,500
2024-12Northwest BankLA***LLC$80,000
2024-12U.S. Bank, National AssociationFUT*****ARE$15,000
2024-11Climate First BankGre*****LLC$773,500
2024-08U.S. Bank, National AssociationBir*****LLC$222,400
2024-06United Midwest Savings Bank National AssociationHar*****ors$150,000
2024-05U.S. Bank, National AssociationVIC*****ARE$12,000
2024-04Celtic Bank CorporationTLC*****LLC$35,000
2023-10Bank Five NinePri*****nes$300,000
2023-09MidWestOne BankLIT*****NC.$80,000
2023-08TD Bank, National AssociationSLM*****LLC$4,000,000
2023-03MidWestOne BankLIT*****NC.$685,100
2023-02MidWestOne BankLIT*****NC.$158,900
2022-11Cedar Rapids Bank and Trust CompanyHil*****nc.$280,000
2022-09IH Mississippi Valley Credit UnionCK***LLC$30,000
2021-10Community 1st CULit*****LLC$59,400
2021-09Lincoln Savings BankLak*****LLC$2,447,700
2021-02Meadows BankPRI*****ALE$631,600
2020-12Harvest Small Business Finance, LLCSS *****LLC$524,800
2020-12City State BankLak*****LLC$143,300
2020-11Community 1st CUHap*****LLC$108,900
2020-08Farmers and Merchants Savings BankJL****nc.$193,000
2020-06Wells Fargo Bank National AssociationLit*****LLC$180,000
2020-05United Bank of IowaMef*****LLC$27,000
2019-11United Midwest Savings Bank National AssociationDC2*****ITY$150,000

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

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