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SBA lenders in Johnston, IA

SBA 7(a) and 504 loans to businesses in Johnston (Polk County), October 2021 to June 30, 2026 · Updated October 15, 2026
31
SBA loans approved
$16.8M
Total approved
$350,000
Median loan
16
Lenders active
35%
To startups

31 SBA loans worth $16.8M went to businesses in Johnston, IA between October 2021 and June 2026, from 16 lenders. Iowa Business Growth made the most, 4 loans. The median loan was $350,000, compared with $200,000 across Iowa, and health care and social assistance was the most financed industry.

Most active SBA lenders in Johnston

#LenderLoansApprovedMedian loanTo startups
1Iowa Business Growth
Certified development company · Johnston, IA
4$3.2M$666,50025%
2U.S. Bank
Bank · Cincinnati, OH
4$1.1M$49,75025%
3Northwest Bank
Bank · Spencer, IA
3$2.2M$250,00033%
4Huntington National Bank
Bank · Columbus, OH
3$757K$230,000100%
5Pivotal Business Partners
Certified development company · Des Moines, IA
2$2.6M$1,307,5000%
6Lincoln Savings Bank
Bank · Reinbeck, IA
2$1.1M$537,50050%
7Newtek Bank
Bank · Miami, FL
2$700K$350,0000%
8BayFirst National Bank
Bank · St. Petersburg, FL
2$525K$262,5000%
9Liberty National Bank
Bank · Sioux City, IA
2$450K$225,000100%
10Nicolet National Bank
Bank · Green Bay, WI
1$1.8M$1,847,700100%
11Heritage Bank
Bank · Burlington, KY
1$1.2M$1,186,0000%
12Charter Bank
Bank · Johnston, IA
1$465K$465,0000%
13Grasshopper Bank
Bank · New York, NY
1$350K$350,0000%
14Northeast Bank
Bank · Portland, ME
1$250K$250,0000%
15Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$25K$25,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Johnston. For 504 loans the lender shown is the certified development company.

What gets financed in Johnston

IndustryLoansShareMedian loanMost active lender
Health care and social assistance8
26%
$300,000Northwest Bank
Professional and technical services5
16%
$350,000U.S. Bank
Construction4
13%
$375,000Grasshopper Bank
Arts, entertainment and recreation3
10%
$462,000Huntington National Bank
Transportation and warehousing3
10%
$49,500Nicolet National Bank
Finance and insurance1
3%
$1,359,000Iowa Business Growth
Education1
3%
$250,000Northwest Bank
Agriculture, forestry and fishing1
3%
$465,000Charter Bank
Loan size mix
  • Under $150,00029%
  • $150,000 to $500,00035%
  • $500,000 to $2 million35%
  • $2 million and up0%
Compared with Iowa
Median loan, Johnston
$350,000
Median loan, Iowa
$200,000
Startup share, Johnston
35%
Startup share, Iowa
41%
Share of state's SBA loans
1.5%

SBA loans per fiscal year in Johnston

071320FY14: 5 loansFY14FY15: 5 loansFY15FY16: 5 loansFY16FY17: 8 loansFY17FY18: 5 loansFY18FY19: 3 loansFY19FY20: 6 loansFY20FY21: 5 loansFY21FY22: 4 loansFY22FY23: 4 loansFY23FY24: 5 loansFY24FY25: 11 loansFY2511FY26 (Oct to Jun): 7 loansFY267
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.