SBA lender profile
Heritage Bank, National Association
Heritage Bank, National Association appears in the public SBA loan data with 71 funded 7(a) loans since FY2010, totaling $37.9M, an average of $534K per loan, and an estimated 1,039 jobs supported. Its SBA lending concentrates in Minnesota and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 1.4%. 28.2% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 77
- Scale 46
- Activity 24
- Consistency 79
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Heritage Bank, National Association the right lender for you?
Lenders fund what they know. Heritage Bank, National Association's SBA lending concentrates in Minnesota (24 loans) and Manufacturing (13 loans), at an average loan of $534K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $302M
- Headquarters
- Jonesboro, AR
- FDIC cert
- #16983
- Status
- Inactive
Where Heritage Bank, National Association lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 24 | $21.5M |
| Iowa | 31 | $9.3M |
| South Dakota | 13 | $6.1M |
| Nebraska | 3 | $1.1M |
Metro areas where Heritage Bank, National Association funds
What Heritage Bank, National Association funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 13 | $10.1M |
| Retail Trade | 13 | $9.6M |
| Agriculture, Forestry, Fishing | 2 | $6.1M |
| Construction | 9 | $2.7M |
| Other Services | 9 | $2.4M |
| Arts, Entertainment, Recreation | 3 | $1.7M |
Heritage Bank, National Association SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 16 | $6.7M |
| 2011 | 7 | $2.3M |
| 2012 | 6 | $2.2M |
| 2013 | 6 | $2.2M |
| 2014 | 5 | $2.7M |
| 2015 | 2 | $1.4M |
| 2016 | 3 | $4.6M |
| 2017 | 4 | $1.5M |
| 2018 | 3 | $1.9M |
| 2019 | 5 | $2.3M |
| 2020 | 1 | $633K |
| 2021 | 4 | $6.8M |
| 2022 | 4 | $1.2M |
| 2023 | 2 | $600K |
| 2025 | 2 | $285K |
| 2026 | 1 | $729K |
Related SBA lenders
Other lenders active in Minnesota or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
Heritage Bank, National Association: frequently asked questions
Does Heritage Bank, National Association offer SBA loans?
Yes. Heritage Bank, National Association appears in the public SBA data with 71 funded SBA 7(a) loans totaling $37.9M.
How many SBA loans has Heritage Bank, National Association made?
Heritage Bank, National Association is associated with 71 SBA 7(a) loans totaling $37.9M in the public SBA data (as of 2026-03-31).
What is Heritage Bank, National Association's SBA charge-off rate?
About 1.4% of Heritage Bank, National Association's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Heritage Bank, National Association do most of its SBA lending?
Heritage Bank, National Association's SBA lending in the data is most concentrated in Minnesota, and by industry in Manufacturing.
Is Heritage Bank, National Association an SBA Preferred Lender (PLP)?
The loan record shows Heritage Bank, National Association operating under PLP delegated authority: 20 of its 7(a) loans (28.2%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Heritage Bank, National Association SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/heritage-bank-national-association/
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