SBAPULSE

Security State Bank

Headquartered in ALGONA, IA

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7(a) Lending

Gross approval amounts

FY2025 Volume

$128K

FY2025 Loans

1

$128K avg size

FY2022–FY2026 Volume

$612K

FY2022–FY2026 Loans

3

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

1 state, districts, and territories with activity

#
1IA1$0.1M$128K
Explore 7(a) loan-level performance

504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2024 Volume

$2.6M

FY2024 Loans

1

$2.6M avg size

FY2022–FY2026 Volume

$23.2M

FY2022–FY2026 Loans

15

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2024

Low
High

Activity by State

1 state, districts, and territories with activity

#
1WA1$2.6M$2.6M
Explore 504 loan-level performance as third party lender

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.