Hiawatha National Bank: SBA Lending Record
What SBA's own loan files show about Hiawatha National Bank as an SBA lender, and how a lender's record bears on a feasibility study.
451 loans trace to Hiawatha National Bank for approvals in FY2017 to FY2026, $206.0 million gross. 451 loans, all in 7(a), stand against Hiawatha National Bank; none are 504. Hiawatha National Bank has 451 loans assigned to it. Hiawatha National Bank holds 451 loans that SBA guarantees.
Hiawatha National Bank: classes and states
Hiawatha National Bank puts its largest named classes at Full-service restaurant, 25, Limited-service restaurant, 24, Assisted living (without nursing care), 10, Automotive mechanical repair (car and truck), 6 and Fitness center, 6 loans. 334 loans, the biggest Hiawatha National Bank group, sit outside the tracked classes. Hiawatha National Bank by state: Wisconsin, 272, Minnesota, 157 and Illinois, 5 loans.
Hiawatha National Bank: cancellations and charge-offs
Hiawatha National Bank: among FY2017 to FY2024 approvals, 5.2% were cancelled after approval, a floor. 5.2% is the Hiawatha National Bank ceiling, counting undisbursed approvals as cancelled. 4.3% is the Hiawatha National Bank charge-off floor. The cohort of 162 Hiawatha National Bank loans was disbursed in FY2017 to FY2021. Hiawatha National Bank five-year charge-offs: withheld, not zero. Hiawatha National Bank: each rate is the least SBA shows.
Hiawatha National Bank record and a borrower's study
25 loans of Hiawatha National Bank fall in the Full-service restaurant class. Hiawatha National Bank study must prove comparable sales. 25 Full-service restaurant loans leave seating demand open. Hiawatha National Bank history says nothing on occupancy cost. Hiawatha National Bank: 24 loans in the Limited-service restaurant class. Hiawatha National Bank study needs occupancy cost. Hiawatha National Bank: comparable sales remains open across 24 Limited-service restaurant loans. Hiawatha National Bank total of $206.0 million says nothing about any one site. 334 Hiawatha National Bank loans fit no tracked class. At Hiawatha National Bank, the project must carry the case. Hiawatha National Bank: 272 loans in Wisconsin, each site needs local evidence. Hiawatha National Bank should be asked directly what it needs. Hiawatha National Bank shows 451 loans, not demand at any one site. Hiawatha National Bank: competing supply near the site matters most. Hiawatha National Bank study: written support behind each revenue figure. Hiawatha National Bank request needs build cost from quotes. Hiawatha National Bank request: coverage holds on cautious revenue. Value rests on an independent appraisal of the site, not on Hiawatha National Bank holdings. Hiawatha National Bank study needs a downside case in writing. Hiawatha National Bank: state assumptions, test coverage, support value. Hiawatha National Bank carries $206.0 million in gross approvals on 451 loans. Hiawatha National Bank loan equity should be stated plainly.
Hiawatha National Bank cancellation rates use approvals through FY2024 only. Hiawatha National Bank totals take in FY2025 and FY2026 approvals. Hiawatha National Bank cohort: 162 loans disbursed in FY2017 to FY2021. Hiawatha National Bank figures describe loans held, not lender practices. 451 loans cannot predict one new request to Hiawatha National Bank. For Hiawatha National Bank, a withheld value is never a zero.
SBA loans held by Hiawatha National Bank
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 | 451 |
|---|---|
| Gross dollars approved | $206.0 million |
| SBA 7(a) loans | 451 |
| SBA 504 loans | 0 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 5.2% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 5.2% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 4.3% |
| Charged off within five years of approval | withheld |
| Loans in that cohort | 162 |
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 | 334 |
| Full-service restaurant | 25 |
| Limited-service restaurant | 24 |
| Assisted living (without nursing care) | 10 |
| Automotive mechanical repair (car and truck) | 6 |
| Fitness center | 6 |
| Hotel and motel | 5 |
| Behavioral health and addiction treatment | 5 |
| Caterers (includes banquet halls with catering staff) | 5 |
| Liquor store | 5 |
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-13058.
Related feasibility study pages
- SBA Lender Feasibility Study Data
- SBA feasibility study consultant
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