Lending data
Who actually lends to retail businesses in Nebraska?
111 SBA 7(a) loans went to retail businesses in Nebraska recently, at a median of $150,000. Here are the lenders that made them, ranked.
111 SBA 7(a) loans went to retail businesses in Nebraska in the most recent fiscal years. The median was $150,000 over 10 years. The most active lender was Union Bank and Trust Company, with 20 loans.
What lending to retail businesses in Nebraska actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Retail, Nebraska | All 7(a) borrowers |
|---|---|---|
| Loans approved | 111 | 214,102 |
| Median loan | $150,000 | $150,000 |
| 25th - 75th percentile | $70,000 - $450,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 8.50% | 10.25% |
| Share to startups | 44.1% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 6.7% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to retail businesses in Nebraska. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Union Bank and Trust Company | 20 | $156,750 | 35% | 8.50% |
| U.S. Bank | 13 | $25,000 | 62% | 9.49% |
| First State Bank Nebraska | 10 | $225,000 | 100% | 8.50% |
| Wells Fargo Bank | 6 | $20,000 | 83% | 12.50% |
| Emprise Bank | 6 | $259,100 | 17% | 8.25% |
| First National Bank of Omaha | 5 | $91,000 | 80% | 9.00% |
| Arbor Bank | 5 | $100,000 | 40% | 9.00% |
| Cornhusker Bank | 3 | $440,000 | 0% | 8.25% |
| Hershey Bank | 2 | $271,500 | 50% | 8.35% |
| Custer Federal State Bank | 2 | $350,000 | 50% | 8.50% |
What stands out in this market
Reading the figures above 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.
- New businesses do well here. 44% of these loans went to startups or businesses under two years old, against 34% nationally — an unusually open market if you have no trading history.
- No single lender dominates, but the top three made 39% of these loans, so the shortlist below covers most of the active market.
- 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.
Which of them lend to new businesses
Of those loans, 44.1% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| First State Bank Nebraska | 10 | $225,000 | 100% | 8.50% |
| U.S. Bank | 8 | $25,000 | 62% | 9.49% |
| Union Bank and Trust Company | 7 | $156,750 | 35% | 8.50% |
| Wells Fargo Bank | 5 | $20,000 | 83% | 12.50% |
| First National Bank of Omaha | 4 | $91,000 | 80% | 9.00% |
| Arbor Bank | 2 | $100,000 | 40% | 9.00% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- 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 the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in Nebraska: construction, personal services, restaurants and hotels, healthcare, admin services, professional services
- Retail in comparable states: Maine, Montana, Arkansas, Rhode Island, New Mexico, Mississippi