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The State Bank
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The State Bank — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for The State Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
6
2010 – 2025
Approved $
$789K
across all programs
Avg loan size
$132K
median $121K
Top industry
"Automotive Body, Paint, and Interior Repair and Maintenance"
1 loans · 17%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
6
Approved
$789K
Avg size
$132K
Range
$20K – $270K
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
"Automotive Body, Paint, and Interior Repair and Maintenance"
1
Landscaping Services
1
Single Family Housing Construction
1
Used Car Dealers
1
Water and Sewer Line and Related Structures Construction
1
Loan records · The State Bank
6 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
WYMER MOTORS, INC.
The State Bank
Spirit Lake, IA
51360
$270,000
—
7(a)
Used Car Dealers
1993-05-12
ABC SERVICES
The State Bank
Estherville, IA
51334
$220,000
$220K
7(a)
Water and Sewer Line and Related Structures Construction
2010-03-10
OKOBOJI MEADOWS, INC.
The State Bank
Okoboji, IA
51355
$200,000
—
7(a)
Single Family Housing Construction
1998-01-13
HILL STRAIGHT AUTO BODY
The State Bank
Spirit Lake, IA
51360
$41,250
—
7(a)
"Automotive Body, Paint, and Interior Repair and Maintenance"
1992-09-25
TERRIL FOOD MARKET
The State Bank
Terril, IA
51364
$38,000
—
7(a)
—
1996-05-22
SCHIEB'S LANDSCAPING
The State Bank
Spirit Lake, IA
51360
$20,000
—
7(a)
Landscaping Services
1995-04-13
WYMER MOTORS, INC.
Spirit Lake, IA · 51360
$270,000
7(a)
The State Bank
1993-05-12
ABC SERVICES
Estherville, IA · 51334
$220,000
7(a)
The State Bank
$220K/job · 2010-03-10
OKOBOJI MEADOWS, INC.
Okoboji, IA · 51355
$200,000
7(a)
The State Bank
1998-01-13
HILL STRAIGHT AUTO BODY
Spirit Lake, IA · 51360
$41,250
7(a)
The State Bank
1992-09-25
TERRIL FOOD MARKET
Terril, IA · 51364
$38,000
7(a)
The State Bank
1996-05-22
SCHIEB'S LANDSCAPING
Spirit Lake, IA · 51360
$20,000
7(a)
The State Bank
1995-04-13
1–6 of 6
Page 1 of 1
Where The State Bank lends
APPROVAL CONCENTRATION
TOP STATES
IA
6