SHANE PIERSON · SBA DATA
SBA by City · Des Moines, IA

SBA Lending in Des Moines, Iowa

Businesses in Des Moines, IA have drawn 1,263 SBA 7(a) loans worth $324M, and annual volume has fallen 6% versus the prior decade.

1,263
7(a) loans
$324M
Approved dollars
$256,302
Average loan size
#1
Rank in Iowa
-6%
Annualized vs prior decade
7.8%
Active-loan distress

Des Moines is the #1 SBA 7(a) market in Iowa and #138 in the country. Since 1991 lenders have approved 1,263 loans here worth $324M, averaging $256,302 each. Annual approval volume has fallen 6% between FY2013-2019 and FY2020-2026. 7.8% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.