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Northwest Bank

SPENCER, IA 51301

⭐ SBA Preferred Lender
106
Loans Approved
$41.2M
Total Volume
$389K
Avg Loan Size
4
States Served

States Served

Top Industries Financed

  • Full-Service Restaurants
  • Limited-Service Restaurants
  • Beauty Salons
  • Fitness and Recreational Sports Centers
  • Offices of Chiropractors

About Northwest Bank

Northwest Bank is an SBA-approved lender headquartered in SPENCER, Iowa. Since 2020, they have approved 106 SBA 7(a) loans totaling $41.2M, with an average loan size of $389K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 4 states.

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