Lending data
Who actually lends to real estate and rental businesses in Iowa?
24 SBA 7(a) loans went to real estate and rental businesses in Iowa recently, at a median of $158,400. Here are the lenders that made them, ranked.
24 SBA 7(a) loans went to real estate and rental businesses in Iowa in the most recent fiscal years. The median was $158,400 over 10 years. The most active lender was U.S. Bank, with 3 loans.
What lending to real estate and rental businesses in Iowa actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Real estate and rental, Iowa | All 7(a) borrowers |
|---|---|---|
| Loans approved | 24 | 214,102 |
| Median loan | $158,400 | $150,000 |
| 25th - 75th percentile | $50,000 - $501,475 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.00% | 10.25% |
| Share to startups | 33.3% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 6.1% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to real estate and rental businesses in Iowa. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| U.S. Bank | 3 | $40,000 | 33% | 9.49% |
| JPMorgan Chase Bank | 2 | $15,000 | 50% | 15.75% |
| Fairfax State Savings Bank | 2 | $104,000 | 0% | 10.38% |
| Clear Lake Bank & Trust Company | 2 | $693,750 | 50% | 7.99% |
| Reliance State Bank | 2 | $165,000 | 0% | 8.25% |
What stands out in this market
Reading the figures above against the national picture:
- Loan sizes are typical. The median of $158,400 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- Startup share is about average, at 33% against 34% nationally.
- No single lender dominates, but the top three made 29% of these loans, so the shortlist below covers most of the active market.
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year. See choosing an SBA lender.
- Check your coverage first with the affordability calculator so you ask for a number the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in Iowa: restaurants and hotels, construction, personal services, retail, healthcare, arts and recreation
- Real Estate in comparable states: New Mexico, Kentucky, Nebraska, Montana, Maine, Louisiana