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TruBank

Indianola, IA 50125

⭐ SBA Preferred Lender
31
Loans Approved
$10.8M
Total Volume
$349K
Avg Loan Size
1
States Served

States Served

Iowa

Top Industries Financed

  • Food Service Contractors
  • Solid Waste Collection
  • All Other Specialty Trade Contractors
  • Nursery and Garden Centers
  • Recyclable Material Merchant Wholesalers

Quick Summary

TruBank is an SBA-approved lender headquartered in Indianola, Iowa. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 31 SBA 7(a) loans totaling $10.8M, with an average loan size of $349K. They primarily serve Iowa businesses.

About TruBank

TruBank is an SBA-approved lender headquartered in Indianola, Iowa. Since 2020, they have approved 31 SBA 7(a) loans totaling $10.8M, with an average loan size of $349K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in Iowa.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is TruBank an SBA Preferred Lender?

Yes, TruBank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has TruBank approved?

According to SBA FOIA public records, TruBank has approved 31 SBA 7(a) loans totaling $10.8M since 2020. Their average loan size is $349K.

What states does TruBank serve?

TruBank primarily serves businesses in Iowa.

How do I apply for an SBA loan with TruBank?

To apply for an SBA 7(a) loan with TruBank, 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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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days