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Siouxland Economic Development

Sioux City, IA 51101

SBA Certified Development Company
298
Loans Approved
$214.0M
Total Volume
$718K
Avg Loan Size
4
States Served

States Served

IowaMissouriNebraskaSouth Dakota

Top Industries Financed

  • Hotels (except Casino Hotels) and Motels
  • Limited-Service Restaurants
  • Offices of Dentists
  • Full-Service Restaurants
  • Car Washes

Quick Summary

Siouxland Economic Development is an SBA-certified Certified Development Company (CDC) headquartered in Sioux City, Iowa. Since 2010, they have approved 298 SBA 504 loans totaling $214.0M, with an average loan size of $718K. They serve businesses across 4 states.

About Siouxland Economic Development

Siouxland Economic Development is an SBA-certified Certified Development Company (CDC) headquartered in Sioux City, Iowa. Since 2010, they have approved 298 SBA 504 loans totaling $214.0M, with an average loan size of $718K. They serve businesses across 4 states.

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Frequently Asked Questions

What does Siouxland Economic Development do?

Siouxland Economic Development is an SBA-certified Certified Development Company (CDC) based in Sioux City, Iowa. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Siouxland Economic Development handles the SBA-backed 40% portion of the financing structure.

How many SBA 504 loans has Siouxland Economic Development approved?

According to SBA FOIA public records, Siouxland Economic Development has approved 298 SBA 504 loans totaling $214.0M since 2010. Their average loan size is $718K.

What states does Siouxland Economic Development serve?

Siouxland Economic Development serves businesses in 4 states: Iowa, Missouri, Nebraska, South Dakota.

How do I apply for an SBA 504 loan through Siouxland Economic Development?

To apply for an SBA 504 loan through Siouxland Economic Development, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.

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