Hiawatha National Bank SBA loans in Minnesota
Short answer
SBA's loan file shows Hiawatha National Bank made 46 SBA loans in Minnesota since October 2023. 10.9% went through SBA Express, against 34.0% of its loans nationally. The lender made 1.3% of Minnesota's SBA loans, against 0.07% of loans nationwide.
- SBA loans, Oct 2023 to Jun 2026
- 46
- median loan
- $269,000
- dollars approved
- $20.55M
- went through SBA Express
- 10.9%
This site is not Hiawatha National Bank
sbaexpress.loans is not Hiawatha National Bank, and Hiawatha National Bank did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from Hiawatha National Bank.
A small base
This page rests on 46 loans. Medians and shares on so few loans can swing on a few loans, so use them as a rough guide.
These are the 46 SBA 7(a) loans Hiawatha National Bank made in Minnesota approved October 2023 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you.
How Hiawatha National Bank differs in Minnesota
What this means for you. SBA Express was a less common route here, so most of these loans went through other 7(a) loan types.
SBA Express
10.9% of the loans in Minnesota went through SBA Express, against 34.0% of its loans nationally.
Share of the state's loans
Hiawatha National Bank made 1.3% of the SBA loans approved in Minnesota since October 2023, against 0.07% of loans nationwide. Its share here is 19.7 times its national share.
We compared 9 measures with the national figure for the same period, and these are the 2 that differ clearly. The table compares every measure.
Minnesota next to the U.S.
| Measure | Minnesota | All its U.S. loans | Reading |
|---|---|---|---|
| Lender's share of all SBA loans | 1.3% | 0.07% | Clearly higher |
| Median loan | $269,000 | $198,500 | No clear gap |
| Middle half of loans | $155,000 to $582,500 | $100,000 to $477,250 | – |
| Startups (the loan opens the business) | 10.9% | 10.4% | No clear gap |
| In business 2 years or less | 32.6% | 32.1% | No clear gap |
| In business more than 2 years | 45.7% | 49.1% | No clear gap |
| Change of ownership | 10.9% | 8.5% | No clear gap |
| SBA Express | 10.9% | 34.0% | Clearly lower |
| Lines of credit | Fewer than 5 | 19.8% | No clear gap |
| Median term | 10 years | 10 years | – |
| Median spread over Prime at approval | 1 point over Prime | 1 point over Prime | – |
Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference.
What Hiawatha National Bank lends to in Minnesota
The 2 industries below account for 11 of the 46 loans approved October 2023 to June 2026, or 23.9%. An industry is listed when it has 5 or more of them, five at most.
| Industry | Loans | Share here | U.S. share |
|---|---|---|---|
| Limited-Service Restaurants | 6 | 13.0% | 5.7% |
| Residential Mental Health and Substance Abuse Facilities | 5 | 10.9% | Not in top 5 |
Share here is the industry's share of the lender's loans in this state. U.S. share is its share of all the lender's loans nationally. Not in top 5 means it is not one of the lender's five most common industries.
Hiawatha National Bank in other states
Other states where these loans differ clearly from the national pattern, most loans first.
| State | Loans since October 2019 |
|---|---|
| Wisconsin | 210 |
Other lenders in Minnesota
Other lenders in Minnesota with a clear difference from the national pattern, most loans first.
| Lender | Loans since October 2019 |
|---|---|
| The Huntington National Bank | 630 |
| Old National Bank | 455 |
| Wells Fargo Bank | 301 |
| Platinum Bank | 216 |
| Falcon National Bank | 212 |
| Magnifi Financial CU | 132 |
| Bravera Bank | 107 |
| Stearns Bank | 71 |
How to read this
Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2023 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. How we build these pages.
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Cite this page: Hiawatha National Bank SBA loans in Minnesota. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/sba-express-lenders/hiawatha-national-bank/minnesota/
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