Local lending data
Who lends to businesses in Lancaster County?
234 SBA 7(a) loans went to businesses in Lancaster County recently, at a median of $150,000. The lenders that made them, ranked, with local rates and startup share.
234 SBA 7(a) loans went to businesses in Lancaster County in the most recent fiscal years, at a median of $150,000. The most active lender was Union Bank and Trust Company, with 90 loans.
SBA lending in Lancaster County, by the numbers
Every figure here is computed from SBA 7(a) loan-level FOIA data released 2026-06-30 — loans that were actually approved to businesses in this county, not advertised ranges.
| Measure | Lancaster County | Nebraska | National |
|---|---|---|---|
| Loans approved | 234 | 1,077 | 214,102 |
| Median loan | $150,000 | $180,000 | $150,000 |
| 25th - 75th percentile | $50,000 - $378,500 | $71,300 - $450,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 8.50% | 8.75% | 10.25% |
| Share to startups | 38.5% | 41.3% | 33.6% |
| Charge-off rate, FY2010-19 | 4.9% | 6.2% | 7.1% |
| Jobs supported | 2,407 | 10,841 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Lancaster County. The median, startup share and rate columns describe each lender's own loans in this county, not its national averages.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Union Bank and Trust Company | 90 | $134,250 | 34% | 8.07% |
| First State Bank Nebraska | 29 | $100,000 | 86% | 9.00% |
| U.S. Bank | 17 | $20,000 | 24% | 9.74% |
| Cornhusker Bank | 16 | $390,000 | 12% | 8.50% |
| BayFirst National Bank | 11 | $150,000 | 0% | 13.25% |
| Midwest Bank | 8 | $135,000 | 62% | 8.10% |
| Northeast Bank | 8 | $173,200 | 0% | 10.38% |
| Readycap Lending, LLC | 6 | $179,250 | 0% | 11.25% |
| Nebraska Bank of Commerce | 5 | $350,000 | 80% | 8.75% |
| Celtic Bank Corporation | 4 | $219,450 | 25% | 10.88% |
What stands out here
Reading these figures against the national picture:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- Startup share is about average, at 38% against 34% nationally.
- One lender dominates. Union Bank and Trust Company alone made 38% of these loans, and the top three made 58%. That concentration usually means a lender with a dedicated program for this sector — worth starting there, but get a second quote so you know the terms are competitive.
- Rates run lower here. The median initial rate of 8.50% is 1.75 points below the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
- This market has performed well. Its FY2010-2019 charge-off rate of 4.9% is below the 7.1% overall figure, which is part of why lenders compete for it.
Who borrows in Lancaster County
The mix of industries taking SBA loans here, led by personal services.
| Sector | Loans | Share |
|---|---|---|
| Personal Services | 33 | 14.1% |
| Healthcare | 32 | 13.7% |
| Retail | 29 | 12.4% |
| Construction | 28 | 12.0% |
| Restaurants and Hotels | 26 | 11.1% |
| Professional Services | 21 | 9.0% |
| Admin Services | 13 | 5.6% |
| Arts and Recreation | 13 | 5.6% |
How to use this
- Shortlist three lenders from the table whose median loan in this county is close to what you need. Size match matters more than brand.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year — see choosing an SBA lender.
- Check your coverage first with the affordability calculator, so you ask for a number your cash flow supports.
- Follow your sector link in the table above for lender data specific to your industry across Nebraska.
Other counties in Nebraska
- Nearby markets with published data: Douglas County, Sarpy County