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County11th of 94 in Iowa by approvalsFIPS 19045
SBA loans in Clinton County, Iowa
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 46 loans to businesses in Clinton County, Iowa, in FY2021 to FY2025, worth $25.2M: 40 under 7(a) and 6 under 504.
That is 41.0 approvals per 1,000 business establishments (1,122 establishments in 2023), above the Iowa figure of 27.0 and close to the national 41.0.
It ranks 11th of 94 Iowa counties with approvals. In FY2025 there were 6.
12 lenders had approvals here; the most active were Citizens First Bank (23), E.C.I.A. Business Growth, Inc. (4) and The Clinton National Bank (4). The most common industry was automotive repair and maintenance.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Clinton County
By number of approvals to businesses in the county, FY2021–FY2025; 12 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Citizens First BankClinton, IA | 23 | $3.8M | 50.0% | |
| 2 | E.C.I.A. Business Growth, Inc.Dubuque, IA · CDC | 4 | $4.2M | 8.7% | |
| 3 | The Clinton National BankClinton, IA | 4 | $1.2M | 8.7% | |
| 4 | OakStar BankSpringfield, MO | 3 | $1.3M | 6.5% | |
| 5 | Iowa Business Growth CompanyJohnston, IA · CDC | 2 | — | 4.3% | |
| 6 | Shoreham BankWarwick, RI | 2 | — | 4.3% | |
| 7 | Climate First BankSt. Petersburg, FL | 2 | — | 4.3% | |
| 8 | First National BankOldham, SD | 2 | — | 4.3% | |
| 9 | Lincoln Savings BankReinbeck, IA | 1 | — | 2.2% | |
| 10 | GBankLas Vegas, NV | 1 | — | 2.2% | |
| 11 | Farmers State BankMarion, IA | 1 | — | 2.2% | |
| 12 | City National BankLos Angeles, CA | 1 | — | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Automotive Repair and MaintenanceNAICS 8111 | 7 | 15.2% | |
| 2 | Traveler AccommodationNAICS 7211 | 6 | 13.0% | |
| 3 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 5 | 10.9% | |
| 4 | Other Specialty Trade ContractorsNAICS 2389 | 3 | 6.5% | |
| 5 | Child Day Care ServicesNAICS 6244 | 2 | 4.3% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 2 | 4.3% | |
| 7 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 2 | 4.3% | |
| 8 | Other Amusement and Recreation IndustriesNAICS 7139 | 2 | 4.3% | |
| 9 | Gasoline StationsNAICS 4471 | 2 | 4.3% | |
| 10 | Building Equipment ContractorsNAICS 2382 | 2 | 4.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 12 | 26.1% | |
| 2 | Other Services (except Public Administration) | 7 | 15.2% | |
| 3 | Retail Trade | 6 | 13.0% | |
| 4 | Health Care and Social Assistance | 5 | 10.9% | |
| 5 | Construction | 5 | 10.9% | |
| 6 | Manufacturing | 3 | 6.5% | |
| 7 | Arts, Entertainment, and Recreation | 3 | 6.5% | |
| 8 | Finance and Insurance | 2 | 4.3% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 1 | — | — | 0 | — | 1 | 1 |
| FY2025 | 4 | $2.0M | $511K | 2 | — | 6 | 84 |
| FY2024 | 4 | $5.8M | $1.8M | 0 | — | 4 | 37 |
| FY2023 | 10 | $3.8M | $183K | 0 | — | 10 | 72 |
| FY2022 | 11 | $1.3M | $126K | 2 | — | 13 | 77 |
| FY2021 | 11 | $3.3M | $160K | 2 | — | 13 | 99 |
| FY2020 | 6 | $4.0M | $80K | 1 | — | 7 | 68 |
| FY2019 | 3 | $524K | $179K | 0 | — | 3 | 9 |
| FY2018 | 1 | — | — | 0 | — | 1 | 31 |
| FY2017 | 3 | $613K | $10K | 1 | — | 4 | 24 |
| FY2016 | 3 | $590K | $150K | 0 | — | 3 | 23 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 18 approvals.
Against Iowa and the country
| FY2021–FY2025 | Clinton County | Iowa | United States |
|---|---|---|---|
| Approvals | 46 | 2,248 | 342,825 |
| Approvals per 1,000 establishments | 41.0 | 27.0 | 41.0 |
| Median 7(a) approval | $175K | $155K | $190K |
| Median 504 approval | $1.2M | $517K | $657K |
| Average approval | $548K | $474K | $573K |
| 504 share of approvals | 13.0% | 16.2% | 11.0% |
| Jobs supported per approval, as reported | 8.0 | 10.3 | 10.5 |
| Share of state approvals | 2.0% | 100.0% | — |
Approval sizes
- $50,000 or less13.0%6
- $50,001 to $150,00021.7%10
- $150,001 to $350,00030.4%14
- $350,001 to $1 million17.4%8
- $1 million to $2 million13.0%6
- Over $2 million4.3%2
Age of the businesses
- Existing, more than 2 years old37.0%17
- New business, 2 years or less19.6%9
- Startup, loan funds will open the business19.6%9
- Change of ownership23.9%11
Questions and answers
Which lenders make the most SBA loans in Clinton County?
By approvals in FY2021 to FY2025: Citizens First Bank (23), E.C.I.A. Business Growth, Inc. (4), The Clinton National Bank (4), OakStar Bank (3), Iowa Business Growth Company (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Clinton County?
The median 7(a) approval was $175K and the median 504 approval $1.2M; the Iowa 7(a) median was $155K.
Which industries get the most SBA loans in Clinton County?
Automotive Repair and Maintenance (7); Traveler Accommodation (6); Drinking Places (Alcoholic Beverages) (5); Other Specialty Trade Contractors (3); Child Day Care Services (2).
Is SBA lending in Clinton County rising?
Approvals in the three latest complete fiscal years total 20, against 33 in the three before: falling (-39%).
How does Clinton County compare with the rest of Iowa?
41.0 approvals per 1,000 establishments against 27.0 statewide, and 46 of the state's 2,248 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error