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Security State Bank, SBA Loan Activity

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

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$7.9M

across all programs

Avg loan size

$283K

median $146K

Top industry

Full-Service Restaurants

3 loans · 11%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$7.9M

Avg size

$283K

Range

$13K – $956K

SBA 504

Loans

Approved

Avg size

Range

–

Top industries funded

See all industries

Full-Service Restaurants

Bowling Centers

General Automotive Repair

Veterinary Services

"Automotive Body, Paint, and Interior Repair and Maintenance"

"Highway, Street, and Bridge Construction"

Loan records · Security State Bank

28 records

Sort:

Borrower

Location

Program

Industry

RECORD PRINTING CO., INC.Security State Bank

Story City, IA

50248

$956,200

–

7(a)

Manifold Business Forms Printing

2002-02-21

HOLMES ANIMAL CLINIC, INC Security State Bank

Algona, IA

50511

$906,800

$130K

7(a)

Veterinary Services

2010-04-08

HOLMES ANIMAL CLINIC, INC Security State Bank

Algona, IA

50511

$906,800

$130K

7(a)

Veterinary Services

2010-04-09

JON KUHFUS Security State Bank

Radcliffe, IA

50230

$665,000

–

7(a)

Chicken Egg Production

1992-11-09

CAROUSEL LANES LLC Security State Bank

Story City, IA

50248

$637,700

$638K

7(a)

Bowling Centers

2010-10-18

Gregory A. Penning Security State Bank

Algona, IA

50511

$587,900

$59K

7(a)

Offices of Certified Public Accountants

2014-11-06

MONSON SALVAGE Security State Bank

Lone Rock, IA

50559

$470,679

–

7(a)

Motor Vehicle Parts (Used) Wholesalers

1999-07-14

INDEPENDENT DENTAL, INC.Security State Bank

Sutherland, IA

51058

$375,000

–

7(a)

Medical, Dental, and Hospital Equipment and Supplies Wholesalers

2002-11-22

Sweeney's Farm & Home Center Security State Bank

Sutherland, IA

51058

$375,000

–

7(a)

Other Building Material Dealers

2003-07-30

COUNTRY VIEW DAIRY, LLC Security State Bank

Hawkeye, IA

52147

$317,700

$106K

7(a)

Dairy Cattle and Milk Production

2011-02-23

The Great Hall of Royal, LLC Security State Bank

Royal, IA

51357

$235,300

$14K

7(a)

"Promoters of Performing Arts, Sports, and Similar Events with Facilities"

2019-05-06

SAATHI LLC Security State Bank

Saint Louis, MO

63136

$234,000

$78K

7(a)

Office Supplies and Stationery Stores

2022-07-21

DOUBLE L LANES Security State Bank

Elma, IA

50628

$195,000

–

7(a)

Bowling Centers

1992-07-30

MERRYMAN BRIDGE CONSTRUCTION C Security State Bank

Algona, IA

50511

$150,000

–

7(a)

Bridge and Tunnel Construction

2002-06-21

M & J TRAILERS UNLIMITED, INC.Security State Bank

Elma, IA

50628

$142,000

–

7(a)

Truck Trailer Manufacturing

1993-02-04

Trinity Asphalt Paving LLC Security State Bank

Riceville, IA

50466

$127,500

$43K

7(a)

"Highway, Street, and Bridge Construction"

2025-03-14

MIDWEST PIPELINE SERVICES,INC.Security State Bank

Paullina, IA

51046

$105,000

–

7(a)

All Other Pipeline Transportation

2003-03-06

BUSTI LUMBER Security State Bank

Elma, IA

50628

$98,000

–

7(a)

–

1992-08-26

THE OLD P.O.Security State Bank

Sutherland, IA

51058

$63,000

–

7(a)

Full-Service Restaurants

2000-07-24

Algona Glass Co.Security State Bank

Algona, IA

50511

$60,000

$20K

7(a)

Glass and Glazing Contractors

2015-12-10

H & N SERVICE INC Security State Bank

Paullina, IA

51046

$56,000

–

7(a)

General Automotive Repair

1995-01-05

CINDY'S PIZZA PARLOR Security State Bank

Paullina, IA

51046

$50,000

–

7(a)

Full-Service Restaurants

2001-11-28

BEEDY'S Security State Bank

Sutherland, IA

51058

$50,000

–

7(a)

Full-Service Restaurants

2004-05-20

BURT COMMUNITY CAFE Security State Bank

Burt, IA

50522

$40,400

–

7(a)

–

1996-11-26

PICKAR PLUMBING, HTG. & ELECTR Security State Bank

Elma, IA

50625

$40,000

–

7(a)

Plumbing, Heating, and Air Conditioning Contractors

1993-01-27

RECORD PRINTING CO., INC.

Story City, IA · 50248

$956,200

7(a)

Security State Bank2002-02-21

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

JON KUHFUS

Radcliffe, IA · 50230

$665,000

7(a)

Security State Bank1992-11-09

CAROUSEL LANES LLC

Story City, IA · 50248

$637,700

7(a)

Security State Bank$638K/job · 2010-10-18

Security State Bank$59K/job · 2014-11-06

MONSON SALVAGE

Lone Rock, IA · 50559

$470,679

7(a)

Security State Bank1999-07-14

INDEPENDENT DENTAL, INC.

Sutherland, IA · 51058

$375,000

7(a)

Security State Bank2002-11-22

Sweeney's Farm & Home Center

Sutherland, IA · 51058

$375,000

7(a)

Security State Bank2003-07-30

COUNTRY VIEW DAIRY, LLC

Hawkeye, IA · 52147

$317,700

7(a)

Security State Bank$106K/job · 2011-02-23

The Great Hall of Royal, LLC

Royal, IA · 51357

$235,300

7(a)

Security State Bank$14K/job · 2019-05-06

SAATHI LLC

Saint Louis, MO · 63136

$234,000

7(a)

Security State Bank$78K/job · 2022-07-21

Security State Bank1992-07-30

MERRYMAN BRIDGE CONSTRUCTION C

Algona, IA · 50511

$150,000

7(a)

Security State Bank2002-06-21

M & J TRAILERS UNLIMITED, INC.

Elma, IA · 50628

$142,000

7(a)

Security State Bank1993-02-04

Trinity Asphalt Paving LLC

Riceville, IA · 50466

$127,500

7(a)

Security State Bank$43K/job · 2025-03-14

MIDWEST PIPELINE SERVICES,INC.

Paullina, IA · 51046

$105,000

7(a)

Security State Bank2003-03-06

Security State Bank1992-08-26

THE OLD P.O.

Sutherland, IA · 51058

$63,000

7(a)

Security State Bank2000-07-24

Security State Bank$20K/job · 2015-12-10

Security State Bank1995-01-05

Security State Bank2001-11-28

BEEDY'S

Sutherland, IA · 51058

$50,000

7(a)

Security State Bank2004-05-20

Security State Bank1996-11-26

PICKAR PLUMBING, HTG. & ELECTR

Elma, IA · 50625

$40,000

7(a)

Security State Bank1993-01-27

1–25 of 28

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Where Security State Bank lends

APPROVAL CONCENTRATION

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