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Certified development company · Waterloo, IA

Black Hawk Economic Development: SBA lending profile

Black Hawk Economic Development, Inc. · SBA 504 loans, October 2021 to June 30, 2026 · Updated October 15, 2026
32
SBA loans approved
$21.4M
Total approved
$384,000
Median loan
2
States lent in
19%
To startups
#703
National rank by loans

Black Hawk Economic Development approved 32 SBA loans worth $21.4M between October 2021 and June 2026, ranking #703 of 2,283 SBA lenders nationally by loan count. Its median loan was $384,000, and 19% went to startups or businesses under two years old. It lent in 2 states, most often in Iowa, and its most financed industry was retail.

SBA loans per fiscal year

071320FY14: 10 loansFY14FY15: 10 loansFY15FY16: 18 loansFY1618FY17: 12 loansFY17FY18: 9 loansFY18FY19: 6 loansFY19FY20: 12 loansFY20FY21: 9 loansFY21FY22: 12 loansFY22FY23FY24: 6 loansFY24FY25: 5 loansFY25FY26 (Oct to Jun): 9 loansFY269
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Black Hawk Economic Development lends

StateLoansApprovedMedian loanRank in state
Iowa31$21.0M$389,000#18
Missouri1$379K$379,000#280

Industries Black Hawk Economic Development finances

IndustryLoansShareMedian loan
Retail9
28%
$379,000
Other services (repair, personal care)5
16%
$189,000
Health care and social assistance5
16%
$475,000
Manufacturing4
12%
$457,500
Professional and technical services3
9%
$265,000
Arts, entertainment and recreation2
6%
$319,000
Real estate and rental2
6%
$325,000
Construction1
3%
$229,000
Finance and insurance1
3%
$1,145,000
Loan size mix
  • Under $150,00019%
  • $150,000 to $500,00044%
  • $500,000 to $2 million31%
  • $2 million and up6%
Loan programs used
  • 504 Basic94%
  • 504 Refinancing Program6%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.