County15th of 94 in Iowa by approvalsFIPS 19099
SBA loans in Jasper 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 31 loans to businesses in Jasper County, Iowa, in FY2021 to FY2025, worth $16.8M: 31 under 7(a) and 0 under 504.
That is 40.4 approvals per 1,000 business establishments (767 establishments in 2023), above the Iowa figure of 27.0 and close to the national 41.0.
It ranks 15th of 94 Iowa counties with approvals. In FY2025 there were 11, up 10% on FY2024.
13 lenders had approvals here; the most active were U.S. Bank, National Association (9), Community 1st CU (5) and Pathward National Association (4). The most common industry was plastics product manufacturing.
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 Jasper County
By number of approvals to businesses in the county, FY2021–FY2025; 13 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 9 | $267K | 29.0% | |
| 2 | Community 1st CUOttumwa, IA | 5 | $466K | 16.1% | |
| 3 | Pathward National AssociationSioux Falls, SD | 4 | $9.9M | 12.9% | |
| 4 | Associated Bank National AssociationGreen Bay, WI | 2 | — | 6.5% | |
| 5 | Leighton State BankPella, IA | 2 | — | 6.5% | |
| 6 | Newtek Bank, National AssociationMiami, FL | 2 | — | 6.5% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 3.2% | |
| 8 | Luminate BankMinneapolis, MN | 1 | — | 3.2% | |
| 9 | The Huntington National BankColumbus, OH | 1 | — | 3.2% | |
| 10 | State Savings BankWest Des Moines, IA | 1 | — | 3.2% | |
| 11 | Northeast BankLewiston, ME | 1 | — | 3.2% | |
| 12 | Lincoln Savings BankReinbeck, IA | 1 | — | 3.2% | |
| 13 | BayFirst National BankSaint Petersburg, FL | 1 | — | 3.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Plastics Product ManufacturingNAICS 3261 | 4 | 12.9% | |
| 2 | Home Health Care ServicesNAICS 6216 | 3 | 9.7% | |
| 3 | Grocery StoresNAICS 4451 | 2 | 6.5% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 2 | 6.5% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 6.5% | |
| 6 | Grocery and Related Product Merchant WholesalersNAICS 4244 | 2 | 6.5% | |
| 7 | Residential Building ConstructionNAICS 2361 | 2 | 6.5% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 6.5% | |
| 9 | Miscellaneous Nondurable Goods Merchant WholesalersNAICS 4249 | 2 | 6.5% | |
| 10 | Furniture and Home Furnishings RetailersNAICS 4491 | 1 | 3.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Manufacturing | 5 | 16.1% | |
| 2 | Health Care and Social Assistance | 5 | 16.1% | |
| 3 | Retail Trade | 4 | 12.9% | |
| 4 | Other Services (except Public Administration) | 4 | 12.9% | |
| 5 | Wholesale Trade | 4 | 12.9% | |
| 6 | Construction | 4 | 12.9% | |
| 7 | Accommodation and Food Services | 3 | 9.7% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 1 | 3.2% |
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 | 11 |
| FY2025 | 11 | $6.3M | $85K | 0 | — | 11 | 193 |
| FY2024 | 10 | $7.0M | $65K | 0 | — | 10 | 96 |
| FY2023 | 7 | $1.8M | $144K | 0 | — | 7 | 58 |
| FY2022 | 2 | — | — | 0 | — | 2 | 11 |
| FY2021 | 1 | — | — | 0 | — | 1 | 40 |
| FY2020 | 3 | $931K | $90K | 0 | — | 3 | 21 |
| FY2019 | 2 | — | — | 0 | — | 2 | 3 |
| FY2018 | 0 | — | — | 0 | — | 0 | 0 |
| FY2017 | 2 | — | — | 0 | — | 2 | 9 |
| FY2016 | 1 | — | — | 0 | — | 1 | 0 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 8 approvals.
Against Iowa and the country
| FY2021–FY2025 | Jasper County | Iowa | United States |
|---|---|---|---|
| Approvals | 31 | 2,248 | 342,825 |
| Approvals per 1,000 establishments | 40.4 | 27.0 | 41.0 |
| Median 7(a) approval | $125K | $155K | $190K |
| Median 504 approval | — | $517K | $657K |
| Average approval | $543K | $474K | $573K |
| 504 share of approvals | 0.0% | 16.2% | 11.0% |
| Jobs supported per approval, as reported | 12.8 | 10.3 | 10.5 |
| Share of state approvals | 1.4% | 100.0% | — |
Approval sizes
- $50,000 or less35.5%11
- $50,001 to $150,00022.6%7
- $150,001 to $350,00016.1%5
- $350,001 to $1 million12.9%4
- $1 million to $2 million6.5%2
- Over $2 million6.5%2
Age of the businesses
- Existing, more than 2 years old38.7%12
- New business, 2 years or less19.4%6
- Startup, loan funds will open the business35.5%11
- Change of ownership6.5%2
Questions and answers
Which lenders make the most SBA loans in Jasper County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (9), Community 1st CU (5), Pathward National Association (4), Associated Bank National Association (2), Leighton State Bank (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Jasper County?
The median 7(a) approval was $125K; the Iowa 7(a) median was $155K.
Which industries get the most SBA loans in Jasper County?
Plastics Product Manufacturing (4); Home Health Care Services (3); Grocery Stores (2); Offices of Other Health Practitioners (2); Restaurants and Other Eating Places (2).
Is SBA lending in Jasper County rising?
Volumes are too small to compare periods.
How does Jasper County compare with the rest of Iowa?
40.4 approvals per 1,000 establishments against 27.0 statewide, and 31 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