Associated Bank National Association: SBA Lending Record

Associated Bank National Association: the holdings

Open SBA's public FOIA data for FY2017 through FY2026 and Associated Bank National Association shows 816 loans carrying $347.8 million of gross approvals. Every one is a 7(a) loan; the 504 count is nil. SBA lists the bank under WI. A 7(a) loan is shown against its present holder, or against the last one to have it, so a loan that moved appears under the later name. The guarantee behind each loan is SBA's, never the bank's. Nothing printed here describes how the bank lends or what it wants from an applicant.

Few named classes, three Midwestern states

Of the 816 loans, 667 belong to no named asset class. Automotive repair and the limited-service restaurant tie for the lead among the named ones at 23 loans each, the full-service restaurant and the beauty salon share 20, and the fitness center has 9. Wisconsin accounts for 356 loans, Minnesota for 159, Illinois for 88 and Nebraska for 84.

Cancelled approvals and losses

Associated Bank National Association shows a cancellation floor of 6.8% for FY2017 through FY2024 approvals. The ceiling on cancellations does not appear as Loan Analytics' rule requires, since too few loans support it; so nothing here says zero. Disbursed the FY2017 to FY2021 window: 410 loans. Charge-off floor to date: 3.2%. Within five years of approval: 2.0%. Floors, not settled outcomes: open loans can still fail.

Where a study meets this record

The tie at the top of the named classes suggests two kinds of project. For an automotive repair shop the study counts bays, labour hours sold and parts margin, and looks at the property beneath the shop. For a limited-service restaurant it follows drive-through volume and margin after labour, ticket size and margin after labour. A beauty salon study needs chair count and booked hours. With 667 loans lacking a class, a borrower whose property is unlisted gets little precedent, and the study must carry the market case itself. A project in Wisconsin or Minnesota sits near the middle of the file; one in another state should say why these holdings matter. Finish with debt service coverage under two cases and a value the appraisal will bear.