STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
FAIR
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
608
2010–2026
Total Volume
$267M
Gross loan amounts
States Active
15
With recorded loans
Programs
7(a) & 504
608 total segments
Hiawatha National Bank has a strong focus on existing businesses, with 58% of their deals supporting established companies. This is beneficial for borrowers looking to expand or refinance an existing operation.
With an average 7(a) spread of P+1.13%, Hiawatha National Bank offers competitive pricing compared to the national median of P+2.75%. This can lead to significant savings on interest for borrowers.
Despite a solid volume of $267M across 608 deals, Hiawatha National Bank has seen a drastic decline of 78% in their growth trend year-over-year. This may indicate a tightening of lending criteria, making it potentially more challenging for new borrowers to get approved.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 58 504 loans, which use fixed SBA debenture rates.
States where Hiawatha National Bank has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Agriculture & Forestry
Agriculture & Forestry
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Transportation & Warehousing
Transportation & Warehousing
Nursing & Residential Care
Health Care & Social Assistance
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for Hiawatha National Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Wisconsin · Agriculture & Forestry · Under $150K | 7(a) | 29 | P+0.75% | $86K | Q2 2024 |
| Wisconsin · Administrative & Waste Services · Under $150K | 7(a) | 28 | P+1.00% | $72K | Q3 2024 |
| Wisconsin · Restaurants & Food Service · Under $150K | 7(a) | 25 | P+1.00% | $66K | Q4 2024 |
| Wisconsin · Manufacturing · Under $150K | 7(a) | 24 | P+1.00% | $79K | Q2 2024 |
| Wisconsin · Specialty Trade Contractors · Under $150K | 7(a) | 19 | P+1.00% | $72K | Q3 2024 |
| Wisconsin · Agriculture & Forestry · $150K – $350K | 7(a) | 16 | P+0.50% | $230K | Q3 2024 |
| Minnesota · Transportation & Warehousing · $150K – $350K | 7(a) | 12 | P+1.38% | $222K | Q2 2025 |
| Wisconsin · Restaurants & Food Service · $150K – $350K | 7(a) | 11 | P+1.25% | $257K | Q3 2025 |
| Wisconsin · Manufacturing · $150K – $350K | 7(a) | 10 | P+1.25% | $295K | Q4 2023 |
| Wisconsin · Specialty Trade Contractors · $150K – $350K | 7(a) | 10 | P+1.50% | $296K | Q2 2024 |
| Minnesota · Transportation & Warehousing · Under $150K | 7(a) | 9 | P+1.75% | $72K | Q1 2024 |
| Minnesota · Restaurants & Food Service · $500K – $1M | 7(a) | 9 | P+0.75% | $674K | Q3 2025 |
| Wisconsin · Building Construction · Under $150K | 7(a) | 9 | P+1.50% | $66K | Q2 2022 |
| Minnesota · Restaurants & Food Service · $350K – $500K | 7(a) | 7 | P+1.00% | $416K | Q3 2023 |
| Minnesota · Manufacturing · Under $150K | 7(a) | 7 | P+1.75% | $123K | Q3 2022 |
| Wisconsin · Specialty Trade Contractors · $500K – $1M | 7(a) | 7 | P+1.00% | $735K | Q1 2024 |
| Wisconsin · Restaurants & Food Service · $500K – $1M | 7(a) | 7 | P+0.75% | $730K | Q4 2022 |
| Minnesota · Nursing & Residential Care · $500K – $1M | 7(a) | 6 | P+0.75% | $741K | Q2 2024 |
| Wisconsin · Manufacturing · $350K – $500K | 7(a) | 6 | P+1.00% | $455K | Q3 2023 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 7(a) | 6 | P+1.00% | $221K | Q3 2024 |
| Wisconsin · Administrative & Waste Services · $150K – $350K | 7(a) | 6 | P+1.00% | $245K | Q1 2024 |
| Minnesota · Nursing & Residential Care · Under $150K | 7(a) | 5 | P+1.00% | $102K | Q3 2024 |
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 5 | P+0.75% | $72K | Q2 2023 |
| Wisconsin · Retail Trade · $150K – $350K | 7(a) | 5 | P+1.25% | $264K | Q1 2020 |
| Wisconsin · Manufacturing · $2M – $5M | 7(a) | 4 | P+1.13% | $4.2M | Q1 2022 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with Hiawatha National Bank.
No reviews yet. Be the first to review Hiawatha National Bank.
Listen to acquisition entrepreneurs share their experience
Matched to real SBA lending records. LenderHawk is not affiliated with or endorsed by these podcasts.