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SBA Loans in Altoona, IA

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

Total SBA loans
99
all programs
Approved $
$36.7M
last 24 months
Avg loan
$371K
median $245K
Active lenders
41
approved here
Jobs supported
633
cumulative

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ALTOONA · 99 LOANS

Top lenders in Altoona

U.S. Bank, National Association
17
Community State Bank
8
Wells Fargo Bank National Association
7
Iowa Business Growth Company
6
Bankers Trust Company
5
First American Bank
5

Top industries in Altoona

Full-Service Restaurants
6
Fitness and Recreational Sports Centers
4
Motor Vehicle Towing
4
Offices of Chiropractors
3
"All Other Professional, Scientific, and Technical Services"
2
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Loan records · Altoona, IA
99 records
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Iowa Cold Storage, LLC
Altoona, IA · 50009
$3,914,000
7(a)
Community State Bank$3.9M/job · 2011-11-10
Iowa Cold Storage, LLC
Altoona, IA · 50009
$3,500,000
7(a)
Community State Bank$130K/job · 2013-12-19
Echo Investing, Inc
Altoona, IA · 50009
$3,200,000
7(a)
City State Bank$178K/job · 2026-01-21
Scooter's Coffee
Altoona, IA · 50009
$2,751,000
7(a)
OptimumBank$125K/job · 2024-12-13
RED ANCHOR ASIAN BUFFET INC
Altoona, IA · 50009
$1,872,000
504
Dakota Business Finance$208K/job · 2025-06-09
BGI Holdings LLC
Altoona, IA · 50009
$1,479,800
7(a)
U.S. Bank, National Association$740K/job · 2025-09-24
MALL REFRESHMENTS, INC.
Altoona, IA · 50009
$1,390,000
7(a)
First National Bank Ames, Iowa2004-10-27
MAJESTIC TRUCK SERVICES
Altoona, IA · 50009
$1,258,000
504
Siouxland Economic Development Corporation$50K/job · 2005-10-11
Echo Investing, Inc
Altoona, IA · 50009
$1,000,000
7(a)
City State Bank$56K/job · 2026-01-21
Fungu Brothers LLC
Altoona, IA · 50009
$1,000,000
7(a)
Two Rivers Bank & Trust$83K/job · 2012-06-27
True Pitch
Altoona, IA · 50009
$940,000
7(a)
Live Oak Banking Company$188K/job · 2022-07-11
MANNING CUSTOM APPLICATORS, LLC
Altoona, IA · 50009
$900,000
7(a)
Iowa Trust & Savings Bank$129K/job · 2009-09-29
CENTRAL TRAILER SERVICE, LTD.
Altoona, IA · 50009
$750,000
504
Iowa Business Growth Company$18K/job · 2000-04-10
PARSONS BROTHERS CONCRETE CONS INC
Altoona, IA · 50009
$610,000
7(a)
Federal Deposit Insurance Corporation$31K/job · 2007-07-02
DCW Investments, LLC
Altoona, IA · 50009
$601,000
504
Iowa Business Growth Company$150K/job · 2025-07-02
BAILEY DRY CLEANERS, LC
Altoona, IA · 50009
$578,700
7(a)
Community State Bank$41K/job · 2008-03-20
Altoona Athletic Training, LLC
Altoona, IA · 50009
$576,000
7(a)
Adams Bank & Trust$96K/job · 2025-07-23
STATE WIDE METAL RECYCLING,INC
Altoona, IA · 50021
$500,000
7(a)
Wells Fargo Bank National Association1995-10-23
Firkin and Fox
Altoona, IA · 50009
$497,800
7(a)
Wells Fargo Bank National Association$124K/job · 2007-06-21
MARAZCO HOLDING COMPANY, L.L.C.
Altoona, IA · 50009
$460,000
7(a)
First Interstate Bank$230K/job · 2010-10-08
BETTERHERBS, INC
Altoona, IA · 50009
$450,000
7(a)
Earlham Savings Bank$75K/job · 2007-05-09
MTS IOWA, INC.
Altoona, IA · 50009
$425,000
7(a)
Freedom Financial Bank$17K/job · 2010-11-08
PIZZA RANCH OF ALTOONA
Altoona, IA · 50009
$336,000
504
Pivotal Business Partners$34K/job · 2006-03-02
PARSONS BROTHERS CONCRETE CONS
Altoona, IA · 50009
$315,000
7(a)
First American Bank2004-03-12
Flawless Paws Holding LLC
Altoona, IA · 50009
$286,800
7(a)
BMO Bank National Association$57K/job · 2022-11-23
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