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SBA Loans in Algona, IA

Explore recent SBA 7(a) and 504 lending activity in Algona. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans
27
all programs
Approved $
$6.2M
last 24 months
Avg loan
$230K
median $245K
Active lenders
14
approved here
Jobs supported
106
cumulative

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ALGONA · 27 LOANS

Top lenders in Algona

Security State Bank
5
Iowa Business Growth Company
4
Northwest Bank
3
1st Source Bank
2
Bank of America, National Association
2
Iowa State Bank
2

Top industries in Algona

"General Freight Trucking, Local"
2
Offices of Mental Health Practitioners (except Physicians)
2
Used Car Dealers
2
Veterinary Services
2
"General Freight Trucking, Long-Distance, Truckload"
1
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Loan records · Algona, IA
27 records
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HOLMES ANIMAL CLINIC, INC
Algona, IA · 50511
$906,800
7(a)
Security State Bank$130K/job · 2010-04-08
HOLMES ANIMAL CLINIC, INC
Algona, IA · 50511
$906,800
7(a)
Security State Bank$130K/job · 2010-04-09
Sprouting Beans, LLC
Algona, IA · 50511
$777,000
7(a)
Arbor Bank$46K/job · 2022-12-23
Taffe Wellness Center
Algona, IA · 50511
$610,000
7(a)
Bank Midwest$87K/job · 2022-07-13
Gregory A. Penning
Algona, IA · 50511
$587,900
7(a)
Security State Bank$59K/job · 2014-11-06
PFEFFER PROPERTIES, LLC (EPC) ALGONA VAULT SERVICE (OC)
Algona, IA · 50511
$451,900
7(a)
Northwest Bank$56K/job · 2010-08-12
SBEMCO INTERNATIONAL, INC.
Algona, IA · 50511
$261,000
504
Iowa Business Growth Company$20K/job · 1996-09-30
DOKTER'S SUNRISE NURSERY AND F
Algona, IA · 50511
$215,000
7(a)
Farmers State Bank1992-05-14
Schultze Trucking, Inc.
Algona, IA · 50511
$178,000
504
Iowa Business Growth Company$178K/job · 2013-09-03
Graf Company, LLC
Algona, IA · 50511
$159,000
504
Siouxland Economic Development Corporation2019-06-06
MERRYMAN BRIDGE CONSTRUCTION C
Algona, IA · 50511
$150,000
7(a)
Security State Bank2002-06-21
ALGONA PIZZA RANCH, INC.
Algona, IA · 50511
$145,000
7(a)
Liberty Bank, FSB2003-02-28
SBEMCO INTERNATIONAL, INC.
Algona, IA · 50511
$141,000
504
Iowa Business Growth Company$18K/job · 1992-06-05
The Chocolate Season
Algona, IA · 50511
$101,000
504
Siouxland Economic Development Corporation$51K/job · 2011-04-11
SPORTSMAN'S CORNER, INC.
Algona, IA · 50511
$100,000
7(a)
Manufacturers Bank & Trust Company2001-01-25
ALGONA BOWLING LANES INC
Algona, IA · 50511
$67,500
7(a)
Bank of America, National Association$14K/job · 2003-01-02
UNITED PLASTICS INDUSTRIES
Algona, IA · 50511
$65,850
7(a)
Bank of America, National Association1996-11-01
Volume J, LLC
Algona, IA · 50511
$65,000
504
Iowa Business Growth Company$65K/job · 2025-03-19
Algona Glass Co.
Algona, IA · 50511
$60,000
7(a)
Security State Bank$20K/job · 2015-12-10
Carl L Polson
Algona, IA · 50511
$49,000
7(a)
1st Source Bank$25K/job · 2016-10-21
Blaha & Polson Transport
Algona, IA · 50511
$48,600
7(a)
1st Source Bank$49K/job · 2016-10-17
THE KIDS SHOP
Algona, IA · 50511
$40,000
7(a)
Iowa State Bank1993-02-03
ELBERT MOTOR CO
Algona, IA · 50511
$40,000
7(a)
Wells Fargo Bank National Association$7K/job · 2004-03-29
Peterson Manure Service, LLC
Algona, IA · 50511
$35,000
7(a)
Iowa State Bank$35K/job · 2013-04-18
MIDWEST MOTORS
Algona, IA · 50511
$25,000
7(a)
NSB Bank1991-04-08
1–25 of 27
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