Nebraska SBA lending, from federal loan records
SBA Lenders Actively Funding Businesses in Nebraska
Since FY2020, 170 lenders have funded 2,158 SBA loans worth $1.1B for businesses in Nebraska. Borrowers reported 24,422 jobs supported by those loans. Below is who actually writes them, how big they run, and which Nebraska businesses get funded.
Most active SBA lenders in Nebraska
Ranked by loans funded for Nebraska projects since FY2020, not by advertising budget. A lender headquartered elsewhere that funds heavily in Nebraska beats a local name that rarely writes SBA loans.
| Lender | Program | NE loans since FY2020 | Since FY2025 | Median loan | Median rate |
|---|---|---|---|---|---|
| Union Bank and Trust Company | 7(a) | 273 | 89 | $200K | 7.75% |
| Nebraska Economic Development Corporation | 504 (CDC) | 249 | 43 | $640K | n/a |
| First State Bank Nebraska | 7(a) | 160 | 24 | $150K | 6% |
| U.S. Bank, National Association | 7(a) | 132 | 33 | $29K | 8.74% |
| First National Bank of Omaha | 7(a) | 84 | 6 | $158K | 5.55% |
| Wells Fargo Bank National Association | 7(a) | 62 | 9 | $20K | 9.02% |
| Associated Bank National Association | 7(a) | 62 | 18 | $250K | 7.5% |
| The Huntington National Bank | 7(a) | 57 | 25 | $230K | 10.25% |
| Arbor Bank | 7(a) | 55 | 10 | $160K | 5% |
| Emprise Bank | 7(a) | 51 | 25 | $350K | 7.75% |
| Northwest Bank | 7(a) | 40 | 11 | $150K | 5.75% |
| Hershey Bank | 7(a) | 39 | 3 | $110K | 6% |
| Readycap Lending, LLC | 7(a) | 38 | 14 | $77K | 13.75% |
| Cornhusker Bank | 7(a) | 37 | 6 | $316K | 6.25% |
| BayFirst National Bank | 7(a) | 35 | 4 | $150K | 12.75% |
| Live Oak Banking Company | 7(a) | 32 | 12 | $1.0M | 6.97% |
| Midwest Bank | 7(a) | 32 | 8 | $197K | 7% |
| Western Nebraska Bank | 7(a) | 28 | 2 | $50K | 7.25% |
| Custer Federal State Bank | 7(a) | 25 | 4 | $150K | 7.5% |
| Celtic Bank Corporation | 7(a) | 24 | 9 | $150K | 10.38% |
| Northeast Bank | 7(a) | 24 | 19 | $128K | 10.5% |
| Equity Bank | 7(a) | 23 | 3 | $150K | 4.75% |
| i3 Bank | 7(a) | 19 | 3 | $382K | 6% |
| Platte Valley Bank | 7(a) | 18 | 5 | $195K | 7.05% |
| United Midwest Savings Bank National Association | 7(a) | 17 | 6 | $150K | 10.25% |
504 loans are written by Certified Development Companies alongside a bank first mortgage. The 504 file reports no interest rate, so CDC rows show none.
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Start your funding profile →How big Nebraska SBA loans run
Share of Nebraska 7(a) loans by approval size, next to the national split. If your ask sits in a common band, it is the kind of loan lenders here fund every week.
| 7(a) loan size | NE | US |
|---|---|---|
| Under $150K | 41% | 40.4% |
| $150K to $500K | 35.2% | 31.9% |
| $500K to $1M | 11.7% | 12.9% |
| $1M and up | 12% | 14.9% |
Who gets funded in Nebraska
Business age on Nebraska 7(a) loans. 13.6% funded a change of ownership, against 11.1% nationally. Buying a business? See the acquisition lender shortlist. Starting one? See startup-friendly lenders.
| Business stage | NE | US |
|---|---|---|
| Established, more than 2 years | 44.4% | 55.2% |
| New, 2 years or less | 20.7% | 16.9% |
| Startup, loan opens the business | 21.4% | 16.8% |
| Change of ownership (buying a business) | 13.6% | 11.1% |
Industries Nebraska SBA lenders fund most
Share of all Nebraska SBA loans by industry, and how that compares with the national mix.
| Industry | NE loans | Share | Compared with US |
|---|---|---|---|
| Construction | 293 | 13.6% | in line with national |
| Restaurants and hotels | 245 | 11.4% | in line with national |
| Healthcare | 244 | 11.3% | in line with national |
| Personal and repair services | 243 | 11.3% | 1.2x the national share |
| Retail | 238 | 11% | in line with national |
| Professional services | 148 | 6.9% | 0.7x the national share |
| Manufacturing | 142 | 6.6% | in line with national |
| Business support services | 140 | 6.5% | 1.2x the national share |
The most common specific business types funded in Nebraska: full-service restaurants (87), limited-service restaurants (59), all other specialty trade contractors (55), fitness and recreational sports centers (50), landscaping services (42), residential remodelers (38).
Where in Nebraska the loans go
| County | SBA loans since FY2020 | Share of state |
|---|---|---|
| Douglas | 740 | 34% |
| Lancaster | 459 | 21% |
| Sarpy | 222 | 10% |
| Lincoln | 63 | 3% |
| Buffalo | 62 | 3% |
| Gage | 45 | 2% |
| Hall | 42 | 2% |
| Dodge | 40 | 2% |
7(a) or 504 in Nebraska
12% of Nebraska SBA loans are 504 loans, against 12% nationally. A 504 loan funds owner-occupied real estate or major equipment, with a median of $655K here. A 7(a) loan covers almost anything else, including working capital and buying a business. The busiest 504 lenders in Nebraska:
- Nebraska Economic Development Corporation: 249 504 loans, median $640K
Nebraska SBA lending by year
| Fiscal year | 7(a) loans | 504 loans | Dollars |
|---|---|---|---|
| FY2020 | 228 | 40 | $128M |
| FY2021 | 319 | 61 | $214M |
| FY2022 | 274 | 61 | $162M |
| FY2023 | 270 | 28 | $130M |
| FY2024 | 342 | 23 | $191M |
| FY2025 | 287 | 27 | $169M |
| FY2026 (through June 30, 2026) | 178 | 20 | $111M |
The SBA fiscal year runs October through September.
Common questions
Who is the most active SBA lender in Nebraska?
By funded loans since FY2020, Union Bank and Trust Company leads Nebraska with 273 loans.
How big is a typical SBA loan in Nebraska?
The median 7(a) loan in Nebraska is $180K, and the middle half runs from $71K to $453K. The median 504 loan is $655K. Nationally the 7(a) median is $200K.
What interest rate do Nebraska SBA borrowers get?
The median starting rate on Nebraska 7(a) loans since FY2020 is 7.75%, against 9.25% nationally. 68% of those loans carry a variable rate, which moves with the prime rate.
Can a startup get an SBA loan in Nebraska?
Yes. 42% of Nebraska 7(a) loans with a reported business age went to startups or businesses two years old or younger, against 34% nationally. Lenders still expect a solid plan, owner equity and usually collateral.
Sources and limits. Derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records, FY2020 through June 30, 2026, for projects located in Nebraska. Cancelled approvals are excluded. Jobs supported are as reported by borrowers. Figures describe past lending activity only and are not offers, quotes, or qualification decisions. Big Brain Funding is not a lender and is not affiliated with any lender listed.