Northwest Bank approved 72 SBA loans worth $26.7M between October 2021 and June 2026, ranking #443 of 2,283 SBA lenders nationally by loan count. Its median loan was $150,000, and 56% went to startups or businesses under two years old. It lent in 4 states, most often in Iowa, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Iowa | 49 | $16.8M | $156,500 | #10 |
| Nebraska | 20 | $8.8M | $150,000 | #20 |
| Missouri | 2 | $166K | $82,800 | #207 |
| South Dakota | 1 | $978K | $977,500 | #63 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 14 | $260,000 | |
| Construction | 10 | $118,400 | |
| Restaurants and hotels | 9 | $140,000 | |
| Manufacturing | 7 | $185,000 | |
| Retail | 7 | $150,000 | |
| Health care and social assistance | 6 | $70,000 | |
| Arts, entertainment and recreation | 5 | $327,200 | |
| Administrative and support services | 3 | $55,000 | |
| Real estate and rental | 2 | $716,350 | |
| Finance and insurance | 2 | $170,000 |