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SBA 7(a) record

Midwest Bank, Pierce, NE: SBA 7(a) loans made

Midwest Bank, Pierce, NE, a bank based in Pierce, NE, made 13 SBA 7(a) loans in the 36 months ending September 30, 2026, $3.1M in all, net of cancelled approvals. The typical loan was about $70K, and 2 were in the last 12 months. Most were in Nebraska.

Evidence
SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
Data as of
SBA, September 30, 2026
Page last changed
November 9, 2026
Loans, 36 months
13
SBA FOIA,
Net of cancelled approvals
Dollars
$3.06M
SBA FOIA,
Rounded amounts
Typical loan
$70K
SBA FOIA,
Largest loan
$940K
SBA FOIA,
Rounded to 2 significant figures
Last 12 months
2
SBA FOIA,

Cite this

Source: The Lender Report, Midwest Bank, Pierce, NE: SBA 7(a) loans made, https://lender.report/lender/midwest-bank-ne/sba-7a/, data as of September 30, 2026.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

Midwest Bank, Pierce, NENewest first
PeriodPlaceLoanAmountRateTermLTVSource
Apr 2026NebraskaSBA 7(a), Full-Service Restaurants$400K7.5%1 yrSBA FOIA
Nov 2025NebraskaSBA 7(a), Fitness and Recreational Sports Centers$15K9%1 yrSBA FOIA
Jan 2025NebraskaSBA 7(a), All Other Specialty Trade Contractors$70K9.25%1 yrSBA FOIA
Nov 2024NebraskaSBA 7(a), Fitness and Recreational Sports Centers$15K9.5%1 yrSBA FOIA
Nov 2024NebraskaSBA 7(a), Fitness and Recreational Sports Centers$12K9.5%2 yrSBA FOIA
Nov 2024NebraskaSBA 7(a), Fitness and Recreational Sports Centers$10K7.5%4 yrSBA FOIA
Oct 2024NebraskaSBA 7(a), Child Care Services$250K6.5%10 yrSBA FOIA
Oct 2024NebraskaSBA 7(a), Other Services (except Public Administration)$60K6.75%5 yrSBA FOIA
Sep 2024NebraskaSBA 7(a), Retail Trade$660K8%10 yrSBA FOIA
Aug 2024NebraskaSBA 7(a), Accommodation and Food Services$28K9.5%7 yrSBA FOIA
Jun 2024NebraskaSBA 7(a), Beauty Salons$400K8.5%10 yrSBA FOIA
Apr 2024NebraskaSBA 7(a), Other Services (except Public Administration)$940K8.25%20 yrSBA FOIA
Nov 2023NebraskaSBA 7(a), Landscaping Services$200K8%10 yrSBA FOIA
13 SBA 7(a) loans since October 2023, net of cancelled$3.06MSBA FOIA

A blank means the source did not report it.

Where Midwest Bank, Pierce, NE's SBA 7(a) loans were made, most loans first
StateLoansDollars
Nebraska13$3.06M
SBA FOIA,

SBA loans are on record by state only.

Midwest Bank, Pierce, NE: SBA 7(a) loans by size
Loan sizeLoansDollars
Under $150K7$210K
$150K to $350K2$450K
$350K to $1M4$2.40M
$1M to $2.5M0$0
$2.5M or more0$0
SBA FOIA,
Midwest Bank, Pierce, NE: SBA 7(a) loans by quarter
QuarterLoansDollars
2023 Q41$200K
2024 Q22$1.34M
2024 Q32$688K
2024 Q45$347K
2025 Q11$70.0K
2025 Q41$15.0K
2026 Q21$400K
SBA FOIA,

Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.

Kinds of business Midwest Bank, Pierce, NE lent to, most loans first
Industry (NAICS)Loans
Fitness and Recreational Sports Centers (713940)4
Other Services (except Public Administration)2
Accommodation and Food Services1
All Other Specialty Trade Contractors (238990)1
Beauty Salons (812112)1
Child Care Services (624410)1
Full-Service Restaurants (722511)1
Landscaping Services (561730)1
Retail Trade1
SBA FOIA,

A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.

How the SBA processed the loans
Processing methodLoans
SBA Express Program11
7a General2
SBA FOIA,
  • Midwest Bank, Pierce, NE made 13 SBA 7(a) loans totaling $3.1M in the 36 months ending September 30, 2026, net of cancelled approvals, in 1 state. SBA FOIA,
  • 2 of them were in the 12 months to September 30, 2026, and 6 in the 12 months before. SBA FOIA,
  • The typical loan was about $70K, with the middle half between $15K and $400K. SBA FOIA,
  • The largest was about $940K. Every amount is rounded to 2 significant figures. SBA FOIA,
  • 7 loans were under $150K, and 0 were $1M or more. SBA FOIA,
  • The SBA file shows a median initial rate of 8.25% on 13 loans, with the middle half between 7.50% and 9.25%. SBA FOIA,
  • The median term was 5 years. SBA FOIA,
  • Its loans went most often to Fitness and Recreational Sports Centers, with 4. SBA FOIA,
  • The SBA file lists 11 of its loans as processed under SBA Express Program. SBA FOIA,
  • Its loans were most often in Nebraska (13). SBA FOIA,

What we don't know

  • Whether Midwest Bank, Pierce, NE is taking new SBA 7(a) loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.

Loans are SBA approvals, net of cancelled approvals.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.