United Bank of Iowa
Headquartered in IDA GROVE, IA. Analysis based on 51 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $14.1M.
Total 7(a) loans
51
Total approved
$14.1M
Average loan
$277K
States funded in
1
Charge-off rate
2.56%
FY2020–FY2023 cohort
Paid-in-full rate
25.64%
Average rate
5.32%
Average term
174 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722511 | Full-Service Restaurants | 9 |
| 721110 | Hotels (except Casino Hotels) and Motels | 5 |
| 812112 | Beauty Salons | 5 |
| 448210 | Shoe Stores | 3 |
| 115112 | Soil Preparation, Planting, and Cultivating | 2 |
| 311811 | Retail Bakeries | 2 |
| 722410 | Drinking Places (Alcoholic Beverages) | 2 |
| 441310 | Automotive Parts and Accessories Stores | 2 |
| 115210 | Support Activities for Animal Production | 1 |
| 332812 | Metal Coating, Engraving (except Jewelry and Silverware), and Allied S | 1 |
Top 10 states
| State | Loans |
|---|---|
| IA | 51 |
Top franchise brands financed
4 franchise loans across 3 distinct brands.
| Franchise | Loans |
|---|---|
| Super 8 by Wyndhan | 2 |
| Days Inn by Wyndham | 1 |
| Pizza Ranch | 1 |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.