County3rd of 94 in Iowa by approvalsFIPS 19163
SBA loans in Scott 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 117 loans to businesses in Scott County, Iowa, in FY2021 to FY2025, worth $61.6M: 86 under 7(a) and 31 under 504.
That is 25.9 approvals per 1,000 business establishments (4,525 establishments in 2023), close to the Iowa figure of 27.0 and below the national 41.0.
It ranks 3rd of 94 Iowa counties with approvals. In FY2025 there were 27, about level with FY2024.
42 lenders had approvals here; the most active were U.S. Bank, National Association (19), Small Business Growth Corporation (13) and First Central State Bank (5). The most common industry was restaurants and other eating places.
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 Scott County
By number of approvals to businesses in the county, FY2021–FY2025; 42 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 19 | $1.3M | 16.2% | |
| 2 | Small Business Growth CorporationSpringfield, IL · CDC | 13 | $11.4M | 11.1% | |
| 3 | First Central State BankDe Witt, IA | 5 | $5.0M | 4.3% | |
| 4 | Iowa Business Growth CompanyJohnston, IA · CDC | 5 | $3.6M | 4.3% | |
| 5 | E.C.I.A. Business Growth, Inc.Dubuque, IA · CDC | 5 | $2.6M | 4.3% | |
| 6 | Black Hawk Economic Development, Inc.Waterloo, IA · CDC | 4 | $2.5M | 3.4% | |
| 7 | Northeast BankLewiston, ME | 4 | $1.1M | 3.4% | |
| 8 | IH Mississippi Valley Credit UnionMoline, IL | 4 | $968K | 3.4% | |
| 9 | Newtek Bank, National AssociationMiami, FL | 4 | $810K | 3.4% | |
| 10 | Citizens First BankClinton, IA | 4 | $590K | 3.4% | |
| 11 | Fortress BankPeoria, IL | 3 | $3.9M | 2.6% | |
| 12 | Siouxland Economic Development CorporationSioux City, IA · CDC | 3 | $3.3M | 2.6% | |
| 13 | Quad City Bank and Trust CompanyBettendorf, IA | 3 | $1.2M | 2.6% | |
| 14 | Wells Fargo Bank National AssociationSioux Falls, SD | 3 | $819K | 2.6% | |
| 15 | Lendistry SBLC, LLCLos Angeles, CA | 3 | $403K | 2.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 11 | 9.4% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 9 | 7.7% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 8 | 6.8% | |
| 4 | Personal Care ServicesNAICS 8121 | 6 | 5.1% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 4.3% | |
| 6 | Traveler AccommodationNAICS 7211 | 4 | 3.4% | |
| 7 | Electrical Equipment ManufacturingNAICS 3353 | 3 | 2.6% | |
| 8 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 3 | 2.6% | |
| 9 | Glass and Glass Product ManufacturingNAICS 3272 | 3 | 2.6% | |
| 10 | Other Personal ServicesNAICS 8129 | 3 | 2.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 18 | 15.4% | |
| 2 | Health Care and Social Assistance | 17 | 14.5% | |
| 3 | Other Services (except Public Administration) | 16 | 13.7% | |
| 4 | Manufacturing | 12 | 10.3% | |
| 5 | Retail Trade | 11 | 9.4% | |
| 6 | Arts, Entertainment, and Recreation | 11 | 9.4% | |
| 7 | Construction | 10 | 8.5% | |
| 8 | Professional, Scientific, and Technical Services | 7 | 6.0% |
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* | 24 | $6.0M | $150K | 3 | $1.3M | 27 | 351 |
| FY2025 | 23 | $6.0M | $141K | 4 | $2.5M | 27 | 233 |
| FY2024 | 23 | $6.8M | $131K | 5 | $2.8M | 28 | 182 |
| FY2023 | 5 | $1.9M | $268K | 3 | $2.6M | 8 | 83 |
| FY2022 | 17 | $10.5M | $202K | 11 | $11.5M | 28 | 246 |
| FY2021 | 18 | $12.1M | $280K | 8 | $5.0M | 26 | 283 |
| FY2020 | 26 | $14.9M | $352K | 0 | — | 26 | 527 |
| FY2019 | 17 | $4.6M | $100K | 5 | $2.8M | 22 | 224 |
| FY2018 | 18 | $7.5M | $188K | 1 | — | 19 | 273 |
| FY2017 | 13 | $2.1M | $150K | 2 | — | 15 | 86 |
| FY2016 | 34 | $9.2M | $81K | 4 | $3.1M | 38 | 715 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 120 approvals.
Against Iowa and the country
| FY2021–FY2025 | Scott County | Iowa | United States |
|---|---|---|---|
| Approvals | 117 | 2,248 | 342,825 |
| Approvals per 1,000 establishments | 25.9 | 27.0 | 41.0 |
| Median 7(a) approval | $175K | $155K | $190K |
| Median 504 approval | $616K | $517K | $657K |
| Average approval | $526K | $474K | $573K |
| 504 share of approvals | 26.5% | 16.2% | 11.0% |
| Jobs supported per approval, as reported | 8.8 | 10.3 | 10.5 |
| Share of state approvals | 5.2% | 100.0% | — |
Approval sizes
- $50,000 or less17.9%21
- $50,001 to $150,00021.4%25
- $150,001 to $350,00025.6%30
- $350,001 to $1 million18.8%22
- $1 million to $2 million10.3%12
- Over $2 million6.0%7
Age of the businesses
- Existing, more than 2 years old54.7%64
- New business, 2 years or less13.7%16
- Startup, loan funds will open the business14.5%17
- Change of ownership17.1%20
Questions and answers
Which lenders make the most SBA loans in Scott County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (19), Small Business Growth Corporation (13), First Central State Bank (5), Iowa Business Growth Company (5), E.C.I.A. Business Growth, Inc. (5). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Scott County?
The median 7(a) approval was $175K and the median 504 approval $616K; the Iowa 7(a) median was $155K.
Which industries get the most SBA loans in Scott County?
Restaurants and Other Eating Places (11); Other Amusement and Recreation Industries (9); Offices of Other Health Practitioners (8); Personal Care Services (6); Automotive Repair and Maintenance (5).
Is SBA lending in Scott County rising?
Approvals in the three latest complete fiscal years total 63, against 80 in the three before: falling (-21%).
How does Scott County compare with the rest of Iowa?
25.9 approvals per 1,000 establishments against 27.0 statewide, and 117 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