SBA Loans for Child Day Care Services in Iowa: Top Lenders
NAICS 624NAICS 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
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $117,200 | |
| 2 | 1 | $280,000 | |
| 3 | 1 | $27,000 | |
| 4 | 1 | $687,500 | |
| 5 | 1 | $180,000 | |
| 6 | 1 | $158,900 | |
| 7 | 1 | $193,000 |
Recent SBA 7(a) approvals for Child Day Care Services in Iowa
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-06 | Climate First Bank | Gre*****LLC | CLINTON, IA | $687,500 |
| 2024-08 | U.S. Bank, National Association | Bir*****LLC | ANKENY, IA | $222,400 |
| 2024-05 | U.S. Bank, National Association | VIC*****ARE | VICTOR, IA | $12,000 |
| 2023-02 | MidWestOne Bank | LIT*****NC. | POLK CITY, IA | $158,900 |
| 2022-11 | Cedar Rapids Bank and Trust Company | Hil*****nc. | Walford, IA | $280,000 |
| 2020-08 | Farmers and Merchants Savings Bank | JL****nc. | MARION, IA | $193,000 |
| 2020-06 | Wells Fargo Bank National Association | Lit*****LLC | ANKENY, IA | $180,000 |
| 2020-05 | United Bank of Iowa | Mef*****LLC | DUNLAP, IA | $27,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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