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SBA lenders in Dubuque, IA

SBA 7(a) and 504 loans to businesses in Dubuque (Dubuque County), October 2021 to June 30, 2026 · Updated October 15, 2026
46
SBA loans approved
$16.2M
Total approved
$161,000
Median loan
15
Lenders active
52%
To startups

46 SBA loans worth $16.2M went to businesses in Dubuque, IA between October 2021 and June 2026, from 15 lenders. Nicolet National Bank made the most, 11 loans. The median loan was $161,000, compared with $200,000 across Iowa, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Dubuque

#LenderLoansApprovedMedian loanTo startups
1Nicolet National Bank
Bank · Green Bay, WI
11$2.6M$150,00018%
2U.S. Bank
Bank · Cincinnati, OH
6$242K$37,00067%
3E.C.I.A. Business Growth
Certified development company · Dubuque, IA
4$1.6M$445,50050%
4Farmers State Bank
Bank · Waterloo, IA
4$1.0M$232,500100%
5Huntington National Bank
Bank · Columbus, OH
4$759K$187,000100%
6UMB Bank
Bank · Kansas City, MO
3$654K$50,000100%
7Northeast Bank
Bank · Portland, ME
3$150K$50,00033%
8Iowa Business Growth
Certified development company · Johnston, IA
2$4.5M$2,228,00050%
9Celtic Bank
Bank · Salt Lake City, UT
2$1.2M$577,60050%
10BayFirst National Bank
Bank · St. Petersburg, FL
2$204K$102,2000%
11Black Hawk Economic Development
Certified development company · Waterloo, IA
1$1.9M$1,922,0000%
12Newtek Bank
Bank · Miami, FL
1$700K$700,0000%
13Cedar Rapids Bank and Trust
Bank · Cedar Rapids, IA
1$486K$485,800100%
14Lendistry SBLC
Non-bank lender · Los Angeles, CA
1$183K$182,7000%
15United Midwest Savings Bank
Bank · Degraff, OH
1$150K$150,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Dubuque. For 504 loans the lender shown is the certified development company.

What gets financed in Dubuque

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels8
17%
$392,000Iowa Business Growth
Other services (repair, personal care)8
17%
$125,000Nicolet National Bank
Arts, entertainment and recreation5
11%
$50,000Huntington National Bank
Health care and social assistance5
11%
$200,000Farmers State Bank
Wholesale trade4
9%
$152,200Nicolet National Bank
Retail4
9%
$800,000Celtic Bank
Transportation and warehousing3
7%
$150,000U.S. Bank
Administrative and support services2
4%
$100,000United Midwest Savings Bank
Loan size mix
  • Under $150,00041%
  • $150,000 to $500,00037%
  • $500,000 to $2 million20%
  • $2 million and up2%
Compared with Iowa
Median loan, Dubuque
$161,000
Median loan, Iowa
$200,000
Startup share, Dubuque
52%
Startup share, Iowa
41%
Share of state's SBA loans
2.3%

SBA loans per fiscal year in Dubuque

071320FY14: 12 loansFY14FY15: 7 loansFY15FY16: 5 loansFY16FY17: 5 loansFY17FY18: 5 loansFY18FY19: 5 loansFY19FY20: 6 loansFY20FY21: 10 loansFY21FY22: 16 loansFY2216FY23: 7 loansFY23FY24: 12 loansFY24FY25: 8 loansFY25FY26 (Oct to Jun): 3 loansFY263
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
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.