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Hiawatha National Bank

10 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed
10
Total approved
$4.5M
Median loan
$464K
Middle half of loans
$133K to $724K
Median starting rate
8.50%
Median term
10 yrs

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Where the approvals cluster

The SBA file shows approvals across 8 industries and 2 states and territories. The largest industry by count was Beer, Wine, and Liquor Retailers (2 of 10 approvals). Minnesota had the highest count among recorded project locations (6).

The median approved loan was $464K versus $707K across the index for FY2024–FY2026. This profile is based on a small sample. Differences can reflect which industries, markets and deal sizes the lender serves.

Industries by approval count

#IndustryLoansShareMedian loanTotal approved
1 Beer, Wine, and Liquor Retailers 220%$775K$1.6M
2 Offices of Certified Public Accountants 220%$38K$75K
3 Funeral Homes and Funeral Services 110%$1.0M$1.0M
4 Hobby, Toy, and Game Retailers 110%$626K$626K
5 Full-Service Restaurants 110%$575K$575K
6 Landscaping Services 110%$353K$353K
7 Limited-Service Restaurants 110%$157K$157K
8 Fitness and Recreational Sports Centers 110%$125K$125K

Project locations

#StateLoansShareMedian loanTotal approved
1 Minnesota 660%$600K$3.3M
2 Wisconsin 440%$88K$1.2M

Deals by SBA fiscal year

FY20181 loans, $1.1M
FY20191 loans, $150K
FY20201 loans, $310K
FY20215 loans, $1.8M
FY20228 loans, $10.0M
FY20244 loans, $2.5M
FY20255 loans, $1.3M
FY20261 loans, $626K