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MAGNA BANK, SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Magna Bank.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$827K

across all programs

Avg loan size

$165K

median $80K

Top industry

Restaurants

218 loans · 19%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$827K

Avg size

$165K

Range

$50K – $508K

SBA 504

Loans

Approved

Avg size

Range

–

Top industries funded

See all industries

Restaurants

218 loans

Dental practices

164 loans

Veterinary clinics

142 loans

Fitness centers

98 loans

Car washes

86 loans

Self-storage

74 loans

Loan records · MAGNA BANK

5 records

Sort:

Borrower

Location

Program

Industry

DENNIS & LORRI SCHLUETER MAGNA BANK

Worthington, IA

50278

$507,500

–

7(a)

–

1992-11-16

JO JO'S DAIRY QUEEN MAGNA BANK

Oelwein, IA

50662

$121,000

–

7(a)

–

1993-07-08

ARTHURS FEED AND SEED MAGNA BANK

Arlington, IA

50606

$80,000

–

7(a)

–

1992-07-17

SUBWAY MAGNA BANK

Monticello, IA

52310

$68,000

–

7(a)

–

1990-11-28

OELWEIN ELEVATOR COMPANY MAGNA BANK

Oelwein, IA

50662

$50,000

–

7(a)

–

1992-11-16

DENNIS & LORRI SCHLUETER

Worthington, IA · 50278

ARTHURS FEED AND SEED

Arlington, IA · 50606

Monticello, IA · 52310

$68,000

7(a)

MAGNA BANK1990-11-28

OELWEIN ELEVATOR COMPANY

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Where MAGNA BANK lends

APPROVAL CONCENTRATION

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