First State Bank Nebraska: SBA Lending Record
What SBA's own loan files show about First State Bank Nebraska as an SBA lender, and how a lender's record bears on a feasibility study.
First State Bank Nebraska in the SBA file
SBA lists First State Bank Nebraska as present or last holder of 294 loans approved from FY2017 to FY2026, for $143.3 million of gross dollars. Under 7(a) fall all 294, and 504 has none. The page reports SBA's record and offers no reading of how the bank works or what it asks of applicants.
A file with almost no classed loans
248 of the 294 loans belong to none of our asset classes, and only limited-service restaurant appears among the classed ones, with 22. The classed picture is therefore very thin. A borrower in any other trade will see no matching loans here, and that absence says nothing about the bank's interest. A study for a quick-service restaurant looks at traffic at the site and the cost of fitting out the building, then at whether sales can meet the payment. Because the class record gives a borrower little to lean on, the study has to carry nearly the whole argument for the project.
Nebraska, with Ohio and Iowa far behind
Nebraska holds 244 loans, Ohio 14 and Iowa 5. The file is overwhelmingly in one state. For a Nebraska borrower the holder's record is deep in count terms, while for borrowers in Ohio and Iowa it is shallow, and a borrower elsewhere has none to consult.
Matching cancellation floor and ceiling; no charge-off rate
Cancellation took 8.8% of the approvals dated FY2017 to FY2024 (a floor), and the ceiling lands on that same 8.8%. The charge-off rate is absent because Loan Analytics withholds it as its own rule requires, and a blank is no zero. A reader therefore sees only how many approvals were cancelled and nothing about how disbursed loans fared, which is a half of the usual picture.
How to use it
A holder's counts show where it has loans. They do not show a decision. The borrower's feasibility study carries the case: who will use the site, what building it costs, payment coverage when revenue falls short and the appraisal. Without those, a record of past loans offers little to a credit reader weighing a new request.
SBA loans held by First State Bank Nebraska
SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).
7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.
| Loans approved, FY2017 to FY2026 | 294 |
|---|---|
| Gross dollars approved | $143.3 million |
| SBA 7(a) loans | 294 |
| SBA 504 loans | 0 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 8.8% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 8.8% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | withheld |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
Loans by asset class
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 248 |
| Limited-service restaurant | 22 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
Loans by project state
States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-13868.
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by First State Bank Nebraska or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
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