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SBA lending by metro area

SBA lenders in Norfolk, NE

Which lenders fund Norfolk-area businesses, how much, and how the market compares with Nebraska: SBA 7(a) and 504 loans, FY2010–2026.

By Mario Bailey · SBA FOIA data as of 2026-03-31

SBA loans
146
Total funded
$56.1M
Average loan
$385K
7(a) charge-off
0.8%

Top SBA lenders in the Norfolk area

Ranked by SBA volume funded to businesses located in the Norfolk micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.

# Lender Loans Total funded Average loan 7(a) charge-off
1 Midwest Bank 54 $21.5M $399K 0.00%
2 Nebraska Economic Development Corporation 19 $12.7M $669K not reported
3 BankFirst 19 $5.2M $272K not reported
4 Equity Bank 9 $966K $107K not reported
5 First National Bank of Omaha 7 $424K $61K not reported

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Norfolk compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Norfolk area $180K ▲ 20.1% 13.0% ▲ 1.3 pts
Nebraska$150K11.7%
United States$179K11.2%

What gets funded in Norfolk

IndustryLoansTotal funded
Accommodation and Food Services 17 $10.4M
Retail Trade 25 $8.0M
Manufacturing 13 $5.8M
Health Care and Social Assistance 16 $5.7M
Other Services 21 $5.6M
Construction 16 $4.1M
Real Estate 6 $2.6M
Professional and Technical Services 8 $1.7M

SBA lending in Norfolk by year

Geography, precisely

"Norfolk area" here means the Norfolk, NE micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Madison County, NE; Pierce County, NE; Stanton County, NE. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.