STRONG
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
196
2010–2025
Total Volume
$32M
Gross loan amounts
States Active
1
With recorded loans
Programs
7(a) & 504
196 total segments
Hills Bank and Trust Company has a strong focus on startup businesses, with 59% of their SBA deals going to startups. This indicates they are well-suited for new entrepreneurs seeking funding.
With an average 7(a) spread of P+1.42%, Hills Bank offers competitive pricing compared to the national median of P+2.75%. This could result in significant savings for borrowers.
The lender's growth trend is impressive, showing a 60% year-over-year increase in deals. This suggests they are expanding their lending capacity, which may enhance your chances of approval.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 17 504 loans, which use fixed SBA debenture rates.
States where Hills Bank and Trust Company has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Specialty Trade Contractors
Construction
Other Health Practitioners
Health Care & Social Assistance
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Administrative & Waste Services
Administrative & Waste Services
General Merchandise
Retail Trade
Auto Repair & Maintenance
Other Services
Retail Trade
Retail Trade
+ 7 more
All recorded SBA lending activity for Hills Bank and Trust Company, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Iowa · Other Health Practitioners · Under $150K | 7(a) | 21 | P+2.00% | $55K | Q3 2024 |
| Iowa · Specialty Trade Contractors · Under $150K | 7(a) | 20 | P+1.04% | $84K | Q4 2024 |
| Iowa · Restaurants & Food Service · Under $150K | 7(a) | 15 | P+2.00% | $68K | Q3 2024 |
| Iowa · Manufacturing · Under $150K | 7(a) | 8 | P+2.13% | $54K | Q2 2025 |
| Iowa · Administrative & Waste Services · Under $150K | 7(a) | 8 | P+1.75% | $104K | Q3 2024 |
| Iowa · General Merchandise · Under $150K | 7(a) | 8 | P+1.75% | $65K | Q1 2021 |
| Iowa · Auto Repair & Maintenance · Under $150K | 7(a) | 7 | P+2.00% | $70K | Q3 2022 |
| Iowa · Personal Care (Salons, Spas) · Under $150K | 7(a) | 7 | P+2.25% | $58K | Q1 2024 |
| Iowa · Arts, Entertainment & Recreation · Under $150K | 7(a) | 5 | P+1.75% | $51K | Q3 2014 |
| Iowa · Finance & Insurance · Under $150K | 7(a) | 4 | P+2.38% | $88K | Q3 2020 |
| Iowa · Social Assistance · Under $150K | 7(a) | 4 | P+1.88% | $31K | Q3 2013 |
| Iowa · Transportation & Warehousing · Under $150K | 7(a) | 4 | P+2.00% | $66K | Q2 2023 |
| Iowa · Retail Trade · Under $150K | 7(a) | 4 | P+2.00% | $84K | Q2 2011 |
| Iowa · Specialty Trade Contractors · $150K – $350K | 7(a) | 4 | P+-1.40% | $205K | Q2 2025 |
| Iowa · Wholesale Trade · Under $150K | 7(a) | 4 | P+2.25% | $105K | Q3 2014 |
| Iowa · Administrative & Waste Services · $150K – $350K | 7(a) | 3 | P+-0.15% | $270K | Q4 2023 |
| Iowa · Restaurants & Food Service · $150K – $350K | 7(a) | 3 | P+2.25% | $177K | Q2 2021 |
| Iowa · Food & Beverage Stores · Under $150K | 7(a) | 3 | P+2.25% | $97K | Q2 2014 |
| Iowa · Sporting Goods & Hobby · Under $150K | 7(a) | 3 | P+1.75% | $57K | Q3 2014 |
| Iowa · Food & Beverage Stores · $150K – $350K | 7(a) | 3 | P+1.00% | $199K | Q2 2024 |
| Iowa · General Merchandise · $150K – $350K | 7(a) | 2 | P+1.75% | $289K | Q1 2022 |
| Iowa · Engineering & Architecture · Under $150K | 7(a) | 2 | P+1.38% | $81K | Q2 2024 |
| Iowa · Management & IT Consulting · Under $150K | 7(a) | 2 | P+1.75% | $125K | Q4 2010 |
| Iowa · Other Professional Services · Under $150K | 7(a) | 2 | P+2.38% | $12K | Q3 2012 |
| Iowa · Physician & Dental Offices · Under $150K | 7(a) | 2 | P+2.25% | $121K | Q3 2012 |
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