SBA Loans for Fish and Seafood Merchant Wholesalers in Iowa: Top Lenders
NAICS 424NAICS 424 covers fish and seafood merchant wholesalers businesses in Iowa. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Iowa
Median Loan Size
$850,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 424 covers fish and seafood merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $850,000.
Key trends & insights
- Fish and Seafood Merchant Wholesalers in Iowa lending is concentrated — Farmers AND Merchants State Bank, Central Bank, Farmers AND Merchants Savings Bank together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Farmers AND Merchants State Bank leads this industry with 1 approvals (20% market share) and a median loan of $1,000,000.
- Fish and Seafood Merchant Wholesalers in Iowa loans run larger than the SBA average — a $850,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2025-02-17 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Fish and Seafood Merchant Wholesalers in Iowa
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $1,000,000 | |
| 2 | 1 | $5,000,000 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $67,500 | |
| 5 | 1 | $850,000 |
Recent SBA 7(a) approvals for Fish and Seafood Merchant Wholesalers in Iowa
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Central Bank | WES*****NC. | Palmer, IA | $5,000,000 |
| 2025-01 | Bankers Trust Company | Ava*****ted | ADEL, IA | $67,500 |
| 2024-07 | Wells Fargo Bank National Association | Woh*****LLC | WAVERLY, IA | $850,000 |
| 2023-02 | Lincoln Savings Bank | 712*****LLC | Sioux City, IA | $324,000 |
| 2020-02 | Farmers and Merchants State Bank | HWY*****LLC | Winterset, IA | $1,000,000 |
| 2019-10 | Farmers and Merchants Savings Bank | ZIP*****LLC | MECHANICSVILLE, IA | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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