STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
171
2010–2026
Total Volume
$77M
Gross loan amounts
States Active
6
With recorded loans
Programs
7(a) & 504
171 total segments
Midwest Bank has a strong focus on existing businesses, with 44% of their deals supporting established companies. This could be beneficial if you're looking to expand or refinance an existing operation.
With an average 7(a) spread of P+1.67%, Midwest Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Despite a significant 23% share of 504 loans, Midwest Bank's overall deal volume has declined by 31% year-over-year. This trend may indicate a tightening of lending standards, making it crucial to present a strong application.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 40 504 loans, which use fixed SBA debenture rates.
States where Midwest Bank has recorded SBA lending activity.
+ 1 more state
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Wholesale Trade
Wholesale Trade
Hotels & Accommodation
Accommodation & Food Services
Auto Dealers & Parts
Retail Trade
Personal Care (Salons, Spas)
Other Services
Other Professional Services
Professional Services
+ 7 more
All recorded SBA lending activity for Midwest Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Minnesota · Restaurants & Food Service · Under $150K | 7(a) | 9 | P+2.13% | $76K | Q1 2023 |
| Nebraska · Restaurants & Food Service · Under $150K | 7(a) | 8 | P+1.20% | $91K | Q3 2024 |
| Nebraska · Personal Care (Salons, Spas) · Under $150K | 7(a) | 6 | P+2.70% | $41K | Q4 2022 |
| Nebraska · Restaurants & Food Service · $150K – $350K | 7(a) | 6 | P+1.88% | $212K | Q3 2023 |
| Nebraska · Manufacturing · $150K – $350K | 7(a) | 5 | P+2.25% | $281K | Q4 2021 |
| Nebraska · Other Professional Services · Under $150K | 7(a) | 4 | P+2.08% | $64K | Q3 2023 |
| Nebraska · Arts, Entertainment & Recreation · Under $150K | 7(a) | 4 | P+1.65% | $13K | Q4 2025 |
| Nebraska · Specialty Trade Contractors · Under $150K | 7(a) | 4 | P+2.25% | $95K | Q1 2025 |
| Nebraska · Other Professional Services · $150K – $350K | 7(a) | 3 | P+-0.50% | $293K | Q3 2023 |
| Minnesota · Manufacturing · $150K – $350K | 7(a) | 3 | P+2.25% | $235K | Q4 2020 |
| Nebraska · Wholesale Trade · $500K – $1M | 7(a) | 3 | P+0.85% | $992K | Q4 2022 |
| Minnesota · Hotels & Accommodation · $2M – $5M | 504 | 2 | — | $3.1M | Q4 2023 |
| Nebraska · Administrative & Waste Services · Under $150K | 7(a) | 2 | P+2.45% | $60K | Q2 2016 |
| Nebraska · Auto Repair & Maintenance · $150K – $350K | 7(a) | 2 | P+1.75% | $194K | Q1 2022 |
| Nebraska · Sporting Goods & Hobby · Under $150K | 7(a) | 2 | P+2.45% | $69K | Q1 2017 |
| Minnesota · Hotels & Accommodation · $150K – $350K | 504 | 2 | — | $247K | Q2 2025 |
| Minnesota · Miscellaneous Retail · Under $150K | 7(a) | 2 | P+1.83% | $45K | Q2 2020 |
| Nebraska · Specialty Trade Contractors · $500K – $1M | 7(a) | 2 | P+1.88% | $828K | Q1 2018 |
| Minnesota · Manufacturing · Under $150K | 7(a) | 2 | P+2.75% | $94K | Q3 2016 |
| North Dakota · Hotels & Accommodation · $1M – $2M | 504 | 2 | — | $1.1M | Q2 2024 |
| Nebraska · Real Estate · $350K – $500K | 7(a) | 2 | P+1.73% | $397K | Q4 2020 |
| Minnesota · Auto Dealers & Parts · $500K – $1M | 504 | 2 | — | $878K | Q2 2013 |
| Minnesota · Restaurants & Food Service · $150K – $350K | 504 | 2 | — | $264K | Q2 2025 |
| Nebraska · Manufacturing · Under $150K | 7(a) | 2 | P+2.00% | $88K | Q3 2021 |
| Minnesota · Specialty Trade Contractors · Under $150K | 7(a) | 2 | P+2.00% | $21K | Q2 2024 |
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