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Lender record

Central Bank

The real lending record — every figure from funded deals. HQ: 600 Lake Ave, Storm Lake, IA. 23 branches.

563

Recent deals (FY20+)

$250K

Typical deal

11 days

Approval → funding

0.8%

Failure rate (FY20–23)

Where Central Bank lends

Deals Central Bank funded — list all 500 as text

Deal profile

Most Central Bank deals land between $125K and $460K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

  1. 1.Limited-Service Restaurants (32)
  2. 2.Fitness and Recreational Sports Centers (17)
  3. 3.Landscaping Services (14)
  4. 4.Snack and Nonalcoholic Beverage Bars (12)
  5. 5.Full-Service Restaurants (12)
  6. 6.Site Preparation Contractors (11)
  7. 7.Other Personal Care Services (11)
  8. 8.Plumbing, Heating, and Air-Conditioning Contractors (10)

Most active states

  1. 1.Utah (484 deals)
  2. 2.Florida (46 deals)
  3. 3.Iowa (15 deals)
  4. 4.Georgia (7 deals)
  5. 5.Texas (4 deals)
  6. 6.Alabama (3 deals)
  7. 7.Nebraska (2 deals)
  8. 8.Arizona (1 deals)
  9. 9.Mississippi (1 deals)

Franchises they finance most

FASTSIGNS

4 deals

Race Trac

4 deals

The Yard Milkshake Bar

3 deals

Jersey Mike's

3 deals

Renew Medic

2 deals

Can Central Bank fund you? The bank behind the loans

Total assets

$2.2B

▼ 0.5% vs prior quarter

Deposits on hand

$1.9B

▼ 0.7% vs prior quarter

Loans outstanding

$2.0B

▲ 0.8% vs prior quarter

Net income (latest qtr)

$4.7M

  • •SBA is a sideline here — this year's production is a rounding error against the loan book. Your deal competes with everything else they'd rather fund; a specialist bank will usually move faster. That makes Central Bank more SBA-focused than 8% of the banks on our record.
  • •Deposits shrank last quarter — worth asking early how much new-loan appetite they have right now.
  • •Return on assets of 0.83% — under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.

FDIC call-report data, quarter ending 03/2026.

Walk into a Central Bank branch (23)

Central BankMain office600 Lake AveStorm Lake, IA 50588 · since 1879

Brookings Branch600 Main AveBrookings, SD 57006 · since 1913

3624 Sixth Avenue Branch3624 6th AveDes Moines, IA 50313 · since 1921

Cherokee Central Trust Branch201 W Main StCherokee, IA 51012 · since 1931

Spirit Lake Branch1400 18th StSpirit Lake, IA 51360 · since 1935

Drive-In Branch1237 Lake AveStorm Lake, IA 50588 · since 1978 · limited service

4018 University Branch4018 University AveDes Moines, IA 50311 · since 1986

Sioux Falls South Minnesota Branch2500 S Minnesota AveSioux Falls, SD 57105 · since 2000

522 Fourth Street Branch504 4th StSioux City, IA 51101 · since 2001

86th Street Branch4848 86th StUrbandale, IA 50322 · since 2002

Sioux Falls - West 12th Branch2104 W 12th StSioux Falls, SD 57104 · since 2004

North Career Avenue Branch4900 S Western AveSioux Falls, SD 57108 · since 2004

Mills Civic Branch5070 Mills Civic PkwyWest Des Moines, IA 50265 · since 2004

Central Bank - Hamilton Branch2906 Hamilton BlvdSioux City, IA 51104 · since 2006

North Ankeny Branch2805 N Ankeny BlvdAnkeny, IA 50023 · since 2007

Central Bank - Morningside Branch4201 S Lakeport StSioux City, IA 51106 · since 2012

Waukee Branch300 E Hickman RdWaukee, IA 50263 · since 2017

Dakota Dunes Branch400 Gold CirDakota Dunes, SD 57049 · since 2017

Sioux City Mortgage Lending Office Branch302 Jones StSioux City, IA 51101 · since 2018 · limited service

Okoboji Mortgage Lending Office1003 Highway 71 SOkoboji, IA 51355 · since 2019 · limited service

Sioux Falls Lpo Branch6300 S Connie AveSioux Falls, SD 57108 · since 2021 · limited service

Storm Lake Branch 2 - 811 N Lake Ave811 Lake AveStorm Lake, IA 50588 · since 2022

Sioux City Lpo-4th St Branch1114 4th StSioux City, IA 51101 · since 2023 · limited service

Scroll for all 23 branches · Branch data: FDIC BankFind.

Recent deals

  • Huckleberry Farms Equipment Rental LLC in Heber City, UT — $1.3M (2026) · Office Machinery and Equipment Rental and Leasing
  • Easy Solar Products, Inc. in Sandy, UT — $1.0M (2026) · All Other Miscellaneous Manufacturing
  • Right Brand LLC in Draper, UT — $750K (2026) · Fitness and Recreational Sports Centers
  • Mijangos Family LLC in Riverton, UT — $563K (2026) · Snack and Nonalcoholic Beverage Bars
  • GilyTek LLC in Salt Lake City, UT — $532K (2026) · Electrical Contractors and Other Wiring Installation Contrac
  • Tria Fitness, LLC in Salt Lake City, UT — $500K (2026) · Fitness and Recreational Sports Centers
  • Utah Cabinet Craft LLC in West Jordan, UT — $489K (2026) · Residential Remodelers
  • Riverton Zeppes LLC in Riverton, UT — $415K (2026) · Limited-Service Restaurants
  • CBL LANDSCAPING & LIGHTING LLC in Provo, UT — $350K (2026) · Landscaping Services
  • Fortify Insurance Advisors LLC in Highland, UT — $307K (2026) · Insurance Agencies and Brokerages

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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Failed deals

3 of Central Bank's loans on record were charged off — the lender gave up collecting, which usually means the business failed. Each links to its full record.

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Businesses Central Bank financed

462 businesses on record — the 60 largest by funding. Each links to its full SBA record.

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CapBench analysis of public lending records, FY2020–present. Not affiliated with Central Bank.

Agent summary

This page summarizes Central Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.

  • 563 SBA 7(a) loans on record
  • $250K typical deal
  • 52 business-acquisition loans
  • HQ: 600 Lake Ave, Storm Lake, IA
  • 23 FDIC branch locations
  • FDIC total assets $2.2B

Next steps

Request an introRank lendersPre-qualify a deal
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/central-bank-3
API:
https://www.capbench.com/api/public/lenders/central-bank-3
Methodology:
Sources & methodology
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.

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