Hiawatha National Bank approved 279 SBA loans worth $119.4M between October 2021 and June 2026, ranking #154 of 2,283 SBA lenders nationally by loan count. Its median loan was $200,000, and 43% went to startups or businesses under two years old. It lent in 9 states, most often in Wisconsin, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Wisconsin | 150 | $57.3M | $122,500 | #8 |
| Minnesota | 121 | $58.2M | $288,000 | #15 |
| Massachusetts | 2 | $150K | $75,000 | #176 |
| Colorado | 1 | $100K | $100,000 | #205 |
| Illinois | 1 | $341K | $341,000 | #272 |
| Michigan | 1 | $119K | $118,800 | #219 |
| Kansas | 1 | $360K | $360,000 | #156 |
| Missouri | 1 | $1.3M | $1,326,000 | #262 |
| Montana | 1 | $1.5M | $1,530,000 | #84 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 40 | $187,500 | |
| Agriculture, forestry and fishing | 39 | $197,000 | |
| Health care and social assistance | 35 | $422,500 | |
| Administrative and support services | 29 | $115,000 | |
| Construction | 25 | $200,000 | |
| Manufacturing | 23 | $150,000 | |
| Transportation and warehousing | 22 | $156,500 | |
| Other services (repair, personal care) | 17 | $250,000 | |
| Retail | 13 | $465,000 | |
| Professional and technical services | 13 | $220,000 |