| $150,000–350,000 | A TO Z CORPORATION | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | A-LINE EDS, INC | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | AABLE PEST CONTROL | WATERLOO, IA | Iowa State Bank |
| $350,000–1 million | ACCURATE GEAR & MACHINE, INC. | WATERLOO, IA | Farmers State Bank |
| $1–2 million | ADVANCED HEAT TREAT CORP. | WATERLOO, IA | U.S. Bank, National Association |
| $150,000–350,000 | ALPHA SERVICES, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | AMA WORKS, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | ANNIE M. KONTOS, P.C. | WATERLOO, IA | Dupaco Community CU |
| $150,000–350,000 | ARTISAN CEILING SYSTEMS AND ACOUSTICAL SPECIALTIES, LLC | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | AWRE, INC. | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | BACK ALLEY PRINTERS, INC. | WATERLOO, IA | BankIowa |
| $350,000–1 million | BEECHER, FIELD, WALKER, MORRIS, HOFFMAN & JOHNSON, P.C. | WATERLOO, IA | BankIowa |
| $150,000–350,000 | BENJAMIN R SQUIRES, DDS PC | WATERLOO, IA | Green Belt Bank & Trust |
| $350,000–1 million | BERGEN PLUMBING, INC | WATERLOO, IA | Lincoln Savings Bank |
| $5–10 million | BERTCH CABINET MFG., INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | BIOMARKINETICS, L.L.C. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | BLACK HAWK COUNTY ABSTRACT COMPANY | WATERLOO, IA | Farmers State Bank |
| $1–2 million | BLACK HAWK NURSING AND REHABILITATION LLC | WATERLOO, IA | Valley National Bank |
| $350,000–1 million | BLACKHAWK SYSTEMS TOOLING INC. | WATERLOO, IA | First Security State Bank |
| $150,000–350,000 | BOWERS MASONRY INC | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | BOYER RESTAURANT SYSTEMS, INC | WATERLOO, IA | BankIowa |
| $350,000–1 million | BOYER RESTAURANTS INC | WATERLOO, IA | BankIowa |
| $150,000–350,000 | BOYS & GIRLS CLUBS OF THE CEDAR VALLEY | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | C&S CAR CO. INC. | WATERLOO, IA | Lincoln Savings Bank |
| $150,000–350,000 | CAMENZIND MASONRY LLC | WATERLOO, IA | BankIowa |
| $350,000–1 million | CARDINAL CONSTRUCTION, INC. | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $150,000–350,000 | CARL SCHULER MASONRY CONSTRUCTION CO. | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $350,000–1 million | CEDAR FALLS CONSTRUCTION CO., INC | WATERLOO, IA | BankIowa |
| $1–2 million | CEDAR VALLEY CATHOLIC SCHOOLS, WATERLOO, IOWA | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | CEDAR VALLEY COMMUNITY SUPPORT SERVICES, INC. | WATERLOO, IA | U.S. Bank, National Association |
| $1–2 million | CEDAR VALLEY CORP., LLC | WATERLOO, IA | U.S. Bank, National Association |
| $1–2 million | CEDAR VALLEY HOSPICE, INC. | WATERLOO, IA | BankIowa |
| $5–10 million | CEDAR VALLEY MEDICAL SPECIALISTS, P.C. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | CEDAR VALLEY OPHTHALMOLOGY, PC | WATERLOO, IA | BankIowa |
| $150,000–350,000 | CHARLEY'S ANGELS PHOTOGRAPHY, INC. | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | CLARK AND ASSOCIATES, INC. | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $150,000–350,000 | CLARK, BUTLER, WALSH & HAMANN, P.C. | WATERLOO, IA | BankIowa |
| $150,000–350,000 | CNE, LTD. | WATERLOO, IA | Lincoln Savings Bank |
| $150,000–350,000 | COMMUNITY BUICK GMC, INC. | WATERLOO, IA | U.S. Bank, National Association |
| $150,000–350,000 | COOPERATIVE ENDEAVORS, INC | WATERLOO, IA | Denver Savings Bank |
| $350,000–1 million | CRYSTAL DISTRIBUTION SERVICES, INC. | WATERLOO, IA | First Interstate Bank |
| $150,000–350,000 | D & L SUBWAYS, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | D&G METAL WORKS, INC | WATERLOO, IA | BankIowa |
| $350,000–1 million | D.C. INDUSTRIES, INC | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $150,000–350,000 | DAKS ENTERPRISES, LTD. | WATERLOO, IA | Farmers State Bank |
| $1–2 million | DAN DEERY MOTOR COMPANY | WATERLOO, IA | Connection Bank |
| $350,000–1 million | DERMATOLOGY ASSOCIATES, PC | WATERLOO, IA | U.S. Bank, National Association |
| $150,000–350,000 | DIERCKS SENIOR CARE LLC | WATERLOO, IA | Fidelity Bank & Trust |
| $350,000–1 million | DR. VANDELLO FAMILY DENTISTRY, P.C. | WATERLOO, IA | First Business Bank |
| $350,000–1 million | DUTTON, DANIELS, HINES, KALKHOFF, COOK & SWANSON, P.L.C | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | EDWARDS.SMITH FAMILY DENTISTRY P.C. | WATERLOO, IA | Farmers State Bank |
| $2–5 million | EXCEPTIONAL PERSONS, INC. | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $350,000–1 million | FAHR BEVERAGE, INC | WATERLOO, IA | NSB Bank |
| $150,000–350,000 | FAILOR HURLEY CONSTRUCTION, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | FALLS AVENUE WESLEYAN CHURCH OF WATERLOO, INC. | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $1–2 million | FAMILIES FIRST COUNSELING SERVICES OF IOWA, L.L.C. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | FAMILY YMCA OF BLACK HAWK COUNTY | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $150,000–350,000 | FINANCIAL RESOURCE ADVISORS, LLC | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | FOSTER'S INC | WATERLOO, IA | BankIowa |
| $150,000–350,000 | FRIENDS AT HOME, LLC | WATERLOO, IA | BankIowa |
| $1–2 million | FRIENDS OF FAITH RETIREMENT HOMES, INC | WATERLOO, IA | BankIowa |
| $350,000–1 million | GOE ENTERPRISES, LTD | WATERLOO, IA | Farmers State Bank |
| $2–5 million | GOODWILL INDUSTRIES OF NORTHEAST IOWA | WATERLOO, IA | BankIowa |
| $1–2 million | GRAY TRANSPORTATION, INC. | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $350,000–1 million | GREENWOOD DRUG, INC. | WATERLOO, IA | Lincoln Savings Bank |
| $150,000–350,000 | H.W. GROUT TRUST | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $150,000–350,000 | HARRIS CLEANING, SERVICE AND SALES, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | HAWKEYE ALARM & SIGNAL CO. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | HAWKEYE SHEET METAL INC. | WATERLOO, IA | First Security State Bank |
| $150,000–350,000 | HEATING & COOLING SUPPLY | WATERLOO, IA | Wells Fargo Bank, National Association |
| $150,000–350,000 | HOFFMAN & HOFFMAN TRENCHING, INC | WATERLOO, IA | U.S. Bank, National Association |
| $1–2 million | HOGAN- HANSEN, A PROFESSIONAL CORP | WATERLOO, IA | NSB Bank |
| $150,000–350,000 | HUFF CONTRACTING INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | INDUSTRIAL STANDARD TOOLING | WATERLOO, IA | Veridian CU |
| $350,000–1 million | INVISION ARCHITECTURE, LTD. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | IOWA EYECARE ASSOCIATES, P.C. | WATERLOO, IA | U.S. Bank, National Association |
| $150,000–350,000 | IOWA HEARTLAND HABITAT FOR HUMANITY | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | IOWA WALL SYSTEMS INC. | WATERLOO, IA | First Interstate Bank |
| $150,000–350,000 | J L ENTERPRISES, INC. | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $350,000–1 million | J&L INVESTMENTS INC. | WATERLOO, IA | Lincoln Savings Bank |
| $150,000–350,000 | JULIAN UNLEASHED INCORPORATED | WATERLOO, IA | First Interstate Bank |
| $150,000–350,000 | JUST CHASE, INC | WATERLOO, IA | Denver Savings Bank |
| $1–2 million | KBFD MANAGEMENT, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | KIMBALL & BEECHER IOWA CITY, PLLC | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | KIRK GROSS COMPANY | WATERLOO, IA | Cedar Rapids Bank and Trust Company |
| $350,000–1 million | LEDERMAN BONDING COMPANY | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | LOCKE FUNERAL SERVICES, INC | WATERLOO, IA | First Bank |
| $150,000–350,000 | LOST ISLAND WATERPARK INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | M. POE INVESTMENTS, INC. | WATERLOO, IA | Farmers State Bank |
| $350,000–1 million | MARTINSON COMPANY, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | MATTHIAS LANDSCAPING, CO. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | MCKENNA'S COLOR LABORATORY, INC | WATERLOO, IA | Denver Savings Bank |
| $150,000–350,000 | MICHAEL PAINTING AND DECORATING, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | MIDWEST SLEEP SERVICES, INC. | WATERLOO, IA | NSB Bank |
| $350,000–1 million | MIKE FEREDAY HEATING & AIR CONDITIONING, INC. | WATERLOO, IA | Green Belt Bank & Trust |
| $350,000–1 million | MODUS ENGINEERING LTD | WATERLOO, IA | Home State Bank |
| $350,000–1 million | NAGLE SIGNS, INC. | WATERLOO, IA | Farmers State Bank |
| $150,000–350,000 | NORTHEAST IOWA FOOD BANK | WATERLOO, IA | Lincoln Savings Bank |
| $1–2 million | NORTHEAST IOWA MEDICAL EDUCATION FOUNDATION, INC. | WATERLOO, IA | BankIowa |
| $350,000–1 million | NORTHLAND PRODUCTS CO. | WATERLOO, IA | U.S. Bank, National Association |