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MidWestOne Bank
IOWA CITY, IA · Active Lender · National rank #143
MidWestOne Bank approved 57 SBA 7(a) loans in FY2025, ranking #143 nationally among SBA lenders. Its lending activity was most concentrated in Colorado, Iowa, and Wisconsin, with an average loan size of $688,863.
MidWestOne Bank, headquartered in Iowa City, Iowa, is an SBA 7(a) lender. According to FY2025 SBA 7(a) lender activity data, MidWestOne Bank approved 57 SBA 7(a) loans totaling $39,265,200 in approved loan dollars during the fiscal year. Of that total, $29,420,260 was backed by the SBA guaranty, reflecting the government-guaranteed portion of the loans made under this program. The average loan size across these approved loans was $688,863, according to the same data set.
Based on FY2025 SBA activity data, MidWestOne Bank ranks #143 nationally among SBA 7(a) lenders by loan volume. The bank's SBA lending activity in FY2025 was concentrated in a handful of states, with Colorado accounting for 22 loans, Iowa for 12 loans, and Wisconsin for 11 loans. Beyond these top three states, MidWestOne Bank's SBA loan activity also extended into Minnesota and Illinois, per the reported states served. This distribution suggests the lender's SBA lending footprint spans a group of states rather than being limited to its home state of Iowa alone.
All figures cited here — loan counts, dollar amounts, guaranty amounts, average loan size, national rank, and state-level activity — are drawn exclusively from FY2025 SBA 7(a) lender activity data. No claims are made here about interest rates, fees, or the likelihood of loan approval, as such information is not part of this data set.
Where MidWestOne Bank lends
| State | Loans | Dollars |
|---|---|---|
| Colorado | 22 | $21,361,100 |
| Wisconsin | 11 | $7,253,000 |
| Iowa | 12 | $6,025,200 |
| Minnesota | 10 | $4,159,600 |
| Illinois | 2 | $466,300 |
Questions people ask
Is MidWestOne Bank an SBA lender?
Yes, MidWestOne Bank participated as an SBA 7(a) lender according to FY2025 SBA activity data.
How many SBA 7(a) loans did MidWestOne Bank approve in FY2025?
MidWestOne Bank approved 57 SBA 7(a) loans in FY2025.
What was the total dollar amount of loans approved by MidWestOne Bank in FY2025?
MidWestOne Bank approved a total of $39,265,200 in SBA 7(a) loan dollars in FY2025.
What is MidWestOne Bank's average SBA loan size?
The average SBA 7(a) loan size for MidWestOne Bank in FY2025 was $688,863.
Where is MidWestOne Bank headquartered?
MidWestOne Bank is headquartered in Iowa City, Iowa.
Where is MidWestOne Bank most active in SBA lending?
In FY2025, MidWestOne Bank's top states for SBA 7(a) lending were Colorado (22 loans), Iowa (12 loans), and Wisconsin (11 loans).
Is MidWestOne Bank a national or regional SBA lender?
Based on its FY2025 activity concentrated in Colorado, Iowa, Wisconsin, Minnesota, and Illinois, MidWestOne Bank appears to operate as a regional SBA lender rather than a nationwide one.
How does MidWestOne Bank rank by SBA loan volume nationally?
MidWestOne Bank ranked #143 nationally among SBA 7(a) lenders by loan volume in FY2025.
What was the SBA guaranty amount for MidWestOne Bank's loans?
The SBA guaranteed $29,420,260 of MidWestOne Bank's approved SBA 7(a) loan dollars in FY2025.
Which states does MidWestOne Bank serve for SBA lending?
According to FY2025 data, MidWestOne Bank served Colorado, Iowa, Wisconsin, Minnesota, and Illinois.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with MidWestOne Bank; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.