Through the Small Business Collateral Support Program, the State of Iowa can provide Socially and Economically Disadvantaged (SEDI)-owned businesses up to 40% of a collateral gap needed to secure a loan through a commercial lender for loans ranging in size of $75,000 to $250,000. This program is intended to help eligible small businesses that are 51% or more owned by women, minorities, veterans, individuals with disabilities, and long-term rural residents and includes small businesses that enhance arts and culture in Iowa.