MidWestOne Bank
Community bank headquartered in Iowa City offering digital banking services, personal and business banking solutions including checking, savings accounts, loans, online banking, and mobile app services.
Provider names, logos, and trademarks displayed on this page belong to their respective owners and are used for identification purposes only. VerSquare is not affiliated with, endorsed by, or sponsored by MidWestOne Bank unless otherwise indicated.
No Reviews Yet
Be the first to share your experience! Reviews help other buyers make informed decisions.
Data source: SBA 7(a) FOIA loan-level data, covering activity through March 31, 2026 across the trailing 3 years (10 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
MidWestOne Bank ranks #378 of 585 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of MidWestOne Bank’s 7(a) acquisition lending falls in the $0-$500K range: 4 loans, 40.0% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 4 | 40.0% | |
| $500K-$1M | 3 | 30.0% | |
| $1M-$2M | 3 | 30.0% |
Industries with highest loan volume
Beer, Wine, and Liquor Retailers
3
loans
$1.6M
avg. amount
Supermarkets and Other Grocery Retailers (except Convenience Retailers)
3
loans
$90K
avg. amount
Sporting Goods Retailers
2
loans
$892K
avg. amount
Gasoline Stations with Convenience Stores
1
loans
$378K
avg. amount
Other Building Material Dealers
1
loans
$700K
avg. amount
10-Year
0.0%
Percentile Ranking
0th percentile
MidWestOne Bank’s median variable rate is + 1.75%, against a market median of Prime + 2.00%, 25 below market.
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.56% |
| $500K-$1M | Prime + 1.58% |
| $1M-$2M | Prime + 1.42% |
MidWestOne Bank has originated 7(a) acquisition loans in 4 states, most actively in Colorado (4), Iowa (3) and Minnesota (2). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Colorado | 4 | 40.0% |
| Iowa | 3 | 30.0% |
| Minnesota | 2 | 20.0% |
| Wisconsin | 1 | 10.0% |
Claim this profile to manage your information, respond to reviews, and access analytics.