SBAPULSE

Midwestone Bank

Headquartered in IOWA CITY, IA

Compare interactively in the Lender Explorer.

7(a) Lending

Gross approval amounts

FY2025 Volume

$39.3M

FY2025 Loans

57

$689K avg size

FY2022–FY2026 Volume

$96.6M

FY2022–FY2026 Loans

160

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2025

Low
High

Activity by State

5 states, districts, and territories with activity

#
1CO22$21.4M$971K
2WI11$7.3M$659K
3IA12$6.0M$502K
4MN10$4.2M$416K
5IL2$0.5M$233K

504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2025 Volume

$9.2M

FY2025 Loans

6

$1.5M avg size

FY2022–FY2026 Volume

$26.0M

FY2022–FY2026 Loans

23

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2025

Low
High

Activity by State

3 states, districts, and territories with activity

#
1MN3$4.5M$1.5M
2CO2$2.7M$1.3M
3WI1$2.0M$2.0M

Source: SBA lender activity reports, data as of Jun 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.