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State Bank — SBA Loan Activity

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

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OverviewRecent loansIndustriesGeography7(a) vs 504
Total SBA loans
5
2010 – 2025
Approved $
$2.3M
across all programs
Avg loan size
$459K
median $340K
Top industry
Commercial and Institutional Building Construction
1 loans · 20%

7(a) vs 504

BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
5
Approved
$2.3M
Avg size
$459K
Range
$18K – $1.2M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—

Top industries funded

See all industries
Commercial and Institutional Building Construction
1
Farm and Garden Machinery and Equipment Merchant Wholesalers
1
Sporting Goods Stores
1
Loan records · State Bank
5 records
Sort:
MIDSTATES BUILDERS, INC.
Spencer, IA · 51301
$1,195,000
7(a)
State Bank$60K/job · 2010-03-23
Ronald T. Hegel
Spencer, IA · 51301
$540,000
7(a)
State Bank$39K/job · 2014-06-03
CORNBELT EQUIPMENT, INC.
Everly, IA · 51338
$340,000
7(a)
State Bank1991-10-08
CYCLE SPORTS
Spencer, IA · 51301
$200,000
7(a)
State Bank1998-01-28
PICCADILLY CIRCUS PIZZA
Everly, IA · 51338
$17,500
7(a)
State Bank1994-10-26
1–5 of 5
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Where State Bank lends

APPROVAL CONCENTRATION
TOP STATES
IA
5