GOOD
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
82
2010–2023
Total Volume
$26M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a) & 504
82 total segments
Most active in Iowa (91% of deals) and focuses heavily on restaurants & food service (21% of deals).
82 SBA loans worth $25.6M since FY2010, with deal volume up 100% over the prior year.
A regional lender focused on 3 states, with Iowa as its primary SBA market.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 12 504 loans, which use fixed SBA debenture rates.
States where First Central State Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Other Health Practitioners
Health Care & Social Assistance
Retail Trade
Retail Trade
Auto Dealers & Parts
Retail Trade
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Specialty Trade Contractors
Construction
Miscellaneous Retail
Retail Trade
+ 7 more
All recorded SBA lending activity for First Central State Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Iowa · Other Health Practitioners · Under $150K | 7(a) | 9 | P+2.75% | $35K | Q4 2013 |
| Iowa · Restaurants & Food Service · Under $150K | 7(a) | 6 | P+2.75% | $94K | Q3 2016 |
| Iowa · Retail Trade · Under $150K | 7(a) | 4 | P+2.70% | $61K | Q3 2011 |
| Iowa · Manufacturing · Under $150K | 7(a) | 4 | P+2.38% | $102K | Q4 2010 |
| Iowa · Manufacturing · $500K – $1M | 7(a) | 4 | P+2.73% | $762K | Q3 2013 |
| Iowa · Arts, Entertainment & Recreation · Under $150K | 7(a) | 3 | P+2.49% | $65K | Q1 2022 |
| Iowa · Manufacturing · $150K – $350K | 7(a) | 3 | P+1.75% | $188K | Q2 2012 |
| Iowa · Retail Trade · $350K – $500K | 7(a) | 3 | P+2.25% | $415K | Q3 2021 |
| Iowa · Specialty Trade Contractors · Under $150K | 7(a) | 2 | P+3.13% | $75K | Q4 2013 |
| Iowa · Restaurants & Food Service · $150K – $350K | 7(a) | 2 | P+2.25% | $276K | Q2 2016 |
| Iowa · Auto Dealers & Parts · $500K – $1M | 7(a) | 2 | P+2.38% | $888K | Q1 2010 |
| Iowa · Restaurants & Food Service · $500K – $1M | 7(a) | 2 | P+2.63% | $764K | Q3 2012 |
| Illinois · Wholesale Trade · Under $150K | 7(a) | 2 | P+3.00% | $91K | Q3 2015 |
| Iowa · Retail Trade · $150K – $350K | 7(a) | 1 | P+1.75% | $278K | Q1 2022 |
| Iowa · Retail Trade · $2M – $5M | 7(a) | 1 | P+0.75% | $3.9M | Q3 2022 |
| Iowa · Transportation & Warehousing · Under $150K | 7(a) | 1 | P+3.00% | $26K | Q3 2011 |
| Iowa · Finance & Insurance · $150K – $350K | 7(a) | 1 | P+1.70% | $270K | Q3 2017 |
| Iowa · Finance & Insurance · $350K – $500K | 7(a) | 1 | P+2.25% | $400K | Q4 2011 |
| Iowa · Real Estate · Under $150K | 7(a) | 1 | P+1.75% | $74K | Q1 2016 |
| Iowa · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 1 | P+1.90% | $230K | Q1 2022 |
| Illinois · Miscellaneous Retail · $350K – $500K | 7(a) | 1 | P+2.50% | $403K | Q1 2017 |
| Illinois · Restaurants & Food Service · $150K – $350K | 7(a) | 1 | P+2.75% | $175K | Q4 2010 |
| Illinois · Restaurants & Food Service · $350K – $500K | 7(a) | 1 | P+2.25% | $450K | Q1 2014 |
| Illinois · Information & Media · Under $150K | 7(a) | 1 | P+1.75% | $150K | Q2 2011 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 1 | P+2.50% | $184K | Q2 2010 |
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