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Home Iowa Charter Bank

Charter Bank

JOHNSTON, IA 50131

6
Loans Approved
$3.3M
Total Volume
$545K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Electroplating, Plating, Polishing, Anodizing, and Coloring
  • Shoe Stores
  • Snack and Nonalcoholic Beverage Bars
  • Nursery and Tree Production
  • Offices of Chiropractors

Quick Summary

Charter Bank is an SBA-approved lender headquartered in JOHNSTON, Iowa. Since 2020, they have approved 6 SBA 7(a) loans totaling $3.3M, with an average loan size of $545K. They primarily serve Iowa businesses.

About Charter Bank

Charter Bank is an SBA-approved lender headquartered in JOHNSTON, Iowa. Since 2020, they have approved 6 SBA 7(a) loans totaling $3.3M, with an average loan size of $545K. They primarily serve businesses in Iowa.

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Frequently Asked Questions

Is Charter Bank an SBA Preferred Lender?

Charter Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Charter Bank approved?

According to SBA FOIA public records, Charter Bank has approved 6 SBA 7(a) loans totaling $3.3M since 2020. Their average loan size is $545K.

What states does Charter Bank serve?

Charter Bank primarily serves businesses in Iowa.

How do I apply for an SBA loan with Charter Bank?

To apply for an SBA 7(a) loan with Charter Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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