SBA Loans for Employee Leasing Services in Iowa: Top Lenders
NAICS 561NAICS 561 covers employee leasing services businesses in Iowa. Based on historical SBA 7(a) lending data.
Total Approvals
22
in Iowa
Median Loan Size
$185,000
per approval
Recent Activity
0
last 90 days through Mar 2025
NAICS 561 covers employee leasing services businesses. This is a smaller category in SBA 7(a) lending with 22 approvals on record and a median loan size of $185,000.
Key trends & insights
- Employee Leasing Services in Iowa loans skew smaller than the SBA average at $185,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2025-03-26 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Employee Leasing Services in Iowa
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $100,000 | |
| 2 | 2 | $15,000 | |
| 3 | 2 | $498,250 | |
| 4 | 1 | $135,000 | |
| 5 | 1 | $16,000 | |
| 6 | 1 | $1,125,000 | |
| 7 | 1 | $69,500 | |
| 8 | 1 | $170,000 | |
| 9 | 1 | $50,000 | |
| 10 | 1 | $270,000 | |
| 11 | 1 | $470,000 | |
| 12 | 1 | $30,000 | |
| 13 | 1 | $899,100 | |
| 14 | 1 | $1,201,000 | |
| 15 | 1 | $50,000 | |
| 16 | 1 | $2,036,300 | |
| 17 | 1 | $350,000 | |
| 18 | 1 | $350,000 | |
| 19 | 1 | $2,365,200 |
Recent SBA 7(a) approvals for Employee Leasing Services in Iowa
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | U.S. Bank, National Association | WHI*****LLC | HIAWATHA, IA | $40,000 |
| 2025-09 | Bank of America, National Association | She*****LLC | WATERLOO, IA | $337,400 |
| 2025-04 | Emprise Bank | Two*****LLC | COUNCIL BLUFFS, IA | $87,000 |
| 2025-03 | CBI Bank and Trust | Spo*****LLC | Muscatine, IA | $2,365,200 |
| 2025-03 | BankVista | FRE*****INC | WEST DES MOINES, IA | $200,000 |
| 2025-03 | BankVista | FRE*****INC | WEST DES MOINES, IA | $796,500 |
| 2025-03 | First Interstate Bank | Mag*****LLC | AMES, IA | $90,000 |
| 2025-03 | VelocitySBA, LLC | POW*****LLC | CEDAR RAPIDS, IA | $1,226,000 |
| 2025-02 | Newtek Bank, National Association | Jak*****llc | Norwalk, IA | $275,000 |
| 2025-01 | Northeast Bank | TRI*****LLC | Kingsley, IA | $50,000 |
| 2024-11 | BANK | JPB*****LLC | Grimes, IA | $270,000 |
| 2024-10 | Farmers State Bank | CV *****LLC | Marion, IA | $220,000 |
| 2024-07 | Community 1st CU | Fou*****nc. | KELLOGG, IA | $50,000 |
| 2024-07 | Wells Fargo Bank National Association | STA*****LLC | EMMETSBURG, IA | $50,000 |
| 2024-07 | Central Bank | McC*****nc. | Des Moines, IA | $200,000 |
| 2024-06 | Farmers and Merchants Savings Bank | RD***LLC | ELDRIDGE, IA | $1,850,000 |
| 2024-06 | Lincoln Savings Bank | Jkw*****nc. | Altoona, IA | $60,500 |
| 2024-02 | Readycap Lending, LLC | Bo****rks | Des Moines, IA | $43,000 |
| 2024-02 | First Business Bank | Kel*****nc. | SIOUX CENTER, IA | $470,000 |
| 2023-12 | Lincoln Savings Bank | Hel*****LLC | URBANDALE, IA | $50,000 |
| 2023-12 | Hills Bank and Trust Company | Smi*****LLC | TIFFIN, IA | $350,000 |
| 2023-12 | Lincoln Savings Bank | Hel*****LLC | Urbandale, IA | $349,400 |
| 2023-12 | Cedar Rapids Bank and Trust Company | And*****LLC | Cedar Rapids, IA | $355,000 |
| 2023-12 | Cedar Rapids Bank and Trust Company | And*****LLC | Cedar Rapids, IA | $355,000 |
| 2023-11 | Newtek Bank, National Association | Fus*****One | Urbandale, IA | $350,000 |
| 2023-10 | Farmers State Bank | KB *****LLC | WEST DES MOINES, IA | $890,000 |
| 2023-08 | 22nd State Bank, A Division of 22nd State Banking Company | Pre*****LLC | PLEASANT HILL, IA | $1,207,000 |
| 2023-08 | South Story Bank & Trust | Log*****nc. | Ames, IA | $470,000 |
| 2023-04 | MidWestOne Bank | LET*****LLC | MUSCATINE, IA | $99,000 |
| 2023-04 | U.S. Bank, National Association | TOT*****INC | SPRINGVILLE, IA | $50,000 |
| 2023-04 | Hills Bank and Trust Company | W.D*****LLC | MARION, IA | $139,100 |
| 2023-04 | United Midwest Savings Bank National Association | Emp*****LLC | Dubuque, IA | $150,000 |
| 2023-03 | Live Oak Banking Company | Gol*****LLC | URBANDALE, IA | $1,900,000 |
| 2023-03 | Live Oak Banking Company | Gol*****LLC | URBANDALE, IA | $150,000 |
| 2023-02 | U.S. Bank, National Association | TOT*****INC | SPRINGVILLE, IA | $50,000 |
| 2022-09 | First Bank | Mal*****LLC | WATERLOO, IA | $220,000 |
| 2022-08 | Wells Fargo Bank National Association | TYT*****LLC | CARLISLE, IA | $15,000 |
| 2022-08 | Citizens State Bank | Bla*****LLC | Olin, IA | $170,000 |
| 2022-06 | Community 1st CU | Ape*****LLC | EDDYVILLE, IA | $20,300 |
| 2022-05 | First Internet Bank of Indiana | Pri*****LLC | URBANDALE, IA | $1,201,000 |
| 2022-05 | Readycap Lending, LLC | Sal*****LLC | RIVERSIDE, IA | $114,000 |
| 2022-04 | Iowa State Bank and Trust Company of Fairfield, Iowa | Gra*****LLC | Fairfield, IA | $227,500 |
| 2022-03 | CUSB Bank | Nor*****LLC | Rockford, IA | $225,000 |
| 2022-03 | U.S. Bank, National Association | TUR*****LLC | HUXLEY, IA | $15,000 |
| 2022-02 | First Bank | Mal*****LLC | Waterloo, IA | $1,125,000 |
| 2022-02 | Two Rivers Bank & Trust | NUR*****LLC | WEST DES MOINES, IA | $175,000 |
| 2022-02 | Farmers and Merchants Savings Bank | The*****LLC | WAVERLY, IA | $899,100 |
| 2022-01 | Security Savings Bank | ROB*****ICE | INWOOD, IA | $69,500 |
| 2022-01 | Community 1st CU | Bla*****een | MOUNT PLEASANT, IA | $5,000 |
| 2022-01 | Community 1st CU | Bla*****een | MOUNT PLEASANT, IA | $80,300 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet