Hiawatha National Bank
Headquartered in HAGER CITY, WI. Analysis based on 377 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $172.3M.
Total 7(a) loans
377
Total approved
$172.3M
Average loan
$457K
States funded in
12
Charge-off rate
2.22%
FY2020–FY2023 cohort
Paid-in-full rate
24.44%
Average rate
6.81%
Average term
119 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 112120 | Dairy Cattle and Milk Production | 28 |
| 722513 | Limited-Service Restaurants | 22 |
| 722511 | Full-Service Restaurants | 19 |
| 561730 | Landscaping Services | 17 |
| 623312 | Homes for the Elderly | 10 |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 10 |
| 484110 | General Freight Trucking, Local | 9 |
| 562991 | Septic Tank and Related Services | 8 |
| 624120 | Services for the Elderly and Persons with Disabilities | 7 |
| 722410 | Drinking Places (Alcoholic Beverages) | 6 |
Top 10 states
| State | Loans |
|---|---|
| WI | 220 |
| MN | 140 |
| IL | 4 |
| MI | 3 |
| MA | 2 |
| CO | 2 |
| MD | 1 |
| MO | 1 |
| GA | 1 |
| MT | 1 |
Top franchise brands financed
17 franchise loans across 11 distinct brands.
| Franchise | Loans |
|---|---|
| Jimmy John's | 5 |
| ProteinHouse | 3 |
| Americas Best Value Inn | 1 |
| Ace Hardware | 1 |
| True Value Company LLC - Membe | 1 |
| Realty ONE Group / Realty ONE | 1 |
| Monster Tree Service | 1 |
| Snap Fitness | 1 |
| One Hour Air Conditioning & He | 1 |
| Dairy Queen Operating Agreemen | 1 |
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Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.