SBA Loans for Seafood Product Preparation and Packaging in Iowa: Top Lenders
NAICS 311NAICS 311 covers seafood product preparation and packaging businesses in Iowa. Based on historical SBA 7(a) lending data.
Total Approvals
7
in Iowa
Median Loan Size
$750,000
per approval
Recent Activity
0
last 90 days through Jun 2024
NAICS 311 covers seafood product preparation and packaging businesses. This is a smaller category in SBA 7(a) lending with 7 approvals on record and a median loan size of $750,000.
Key trends & insights
- Seafood Product Preparation and Packaging in Iowa lending is concentrated — Hills Bank AND Trust Company, United Bank OF Iowa, Green Belt Bank & Trust together account for 86% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Hills Bank AND Trust Company leads this industry with 3 approvals (43% market share) and a median loan of $1,495,000.
- Seafood Product Preparation and Packaging in Iowa loans run larger than the SBA average — a $750,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2024-06-25 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Seafood Product Preparation and Packaging in Iowa
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $1,495,000 | |
| 2 | 2 | $465,000 | |
| 3 | 1 | $275,000 | |
| 4 | 1 | $445,500 |
Recent SBA 7(a) approvals for Seafood Product Preparation and Packaging in Iowa
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-06 | Green Belt Bank & Trust | Nim*****LLC | Iowa Falls, IA | $275,000 |
| 2024-06 | United Bank of Iowa | DOB*****LLC | BOONE, IA | $750,000 |
| 2024-06 | United Bank of Iowa | Ham*****LLC | BOONE, IA | $180,000 |
| 2022-11 | 22nd State Bank, A Division of 22nd State Banking Company | Ove*****Top | PLEASANT HILL, IA | $1,264,500 |
| 2022-05 | Hills Bank and Trust Company | Mil*****LLC | MILTON, IA | $1,000,000 |
| 2022-05 | Hills Bank and Trust Company | Mil*****LLC | MILTON, IA | $1,495,000 |
| 2022-05 | Hills Bank and Trust Company | Mil*****LLC | MILTON, IA | $1,750,000 |
| 2021-08 | Paragon Bank | EAW****LLC | Amana, IA | $445,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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