SBA Lending in Cedar Rapids, Iowa
The SBA FOIA record lists 992 7(a) approvals worth $272M for businesses in Cedar Rapids, IA, and annual volume has fallen 27% versus the prior decade.
- 992
- 7(a) loans
- $272M
- Approved dollars
- $274,479
- Average loan size
- #2
- Rank in Iowa
- -27%
- Annualized vs prior decade
- 6.7%
- Active-status distress
Cedar Rapids is the #2 SBA 7(a) market in Iowa and #196 in the country. Since 1991 the FOIA record lists 992 approvals here worth $272M, averaging $274,479 each. Annual approval volume has fallen 27% between FY2013-2019 and FY2020-2026. Among 104 active-status loans, 6.7% are delinquent, past due, or in liquidation. The local business type with the most listed records is full-service restaurants.
What Cedar Rapids borrows for
Who lends in Cedar Rapids
Open the national map, drill into Iowa, and compare Cedar Rapids against every zip code in the state.
Open the interactive map ↗7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.