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South Story Bank & Trust

SLATER, IA 50244

4
Loans Approved
$9.2M
Total Volume
$2.3M
Avg Loan Size
2
States Served

States Served

IowaMinnesota

Top Industries Financed

  • Sporting and Recreational Goods and Supplies Merchant Wholesalers
  • Janitorial Services
  • Surgical and Medical Instrument Manufacturing
  • Offices of Dentists

Quick Summary

South Story Bank & Trust is an SBA-approved lender headquartered in SLATER, Iowa. Since 2020, they have approved 4 SBA 7(a) loans totaling $9.2M, with an average loan size of $2.3M. They serve businesses across 2 states.

About South Story Bank & Trust

South Story Bank & Trust is an SBA-approved lender headquartered in SLATER, Iowa. Since 2020, they have approved 4 SBA 7(a) loans totaling $9.2M, with an average loan size of $2.3M. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is South Story Bank & Trust an SBA Preferred Lender?

South Story Bank & Trust 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 South Story Bank & Trust approved?

According to SBA FOIA public records, South Story Bank & Trust has approved 4 SBA 7(a) loans totaling $9.2M since 2020. Their average loan size is $2.3M.

What states does South Story Bank & Trust serve?

South Story Bank & Trust serves businesses in 2 states: Iowa, Minnesota.

How do I apply for an SBA loan with South Story Bank & Trust?

To apply for an SBA 7(a) loan with South Story Bank & Trust, 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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