Hiawatha National Bank

This is a bank that provides SBA loan programs to small businesses, offering financing options like the 7(a) loan to support growth, equipment purchases, and working capital needs. You can find personalized financial services and expert guidance tailored to small business owners in the region.

It's recommended to schedule an appointment with a loan officer to ensure dedicated time and personalized assistance, but walk-in consultations may also be available during business hours.

The bank typically operates Monday through Friday from 8:30 AM to 4:30 PM, but it's best to contact them directly for specific hours or to schedule an appointment.

There are fees associated with loan processing and closing, which vary depending on the loan size and terms. These fees are disclosed upfront during the application process.

The bank primarily serves residents and small business owners within the region, but they may consider applications from qualified applicants outside the area depending on the loan program.

A minimum personal credit score of around 650 is generally preferred, though specific requirements may vary based on the loan and borrower profile.

The underwriting process typically takes between 30 to 60 days, depending on the completeness of the application and the complexity of the loan.

Most banks keep weekday business hours and are closed on weekends, and Hiawatha National Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Hiawatha National Bank to confirm current weekend availability before you go.

Hiawatha National Bank is located in Wisconsin — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Hiawatha National Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Hiawatha National Bank itself, which runs its own lending under its own ownership. If you work at Hiawatha National Bank, you can claim this listing from this page to manage it.

The core details for Hiawatha National Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Hiawatha National Bank before applying. If you represent Hiawatha National Bank, claim this listing to keep its information up to date.

You can reach Hiawatha National Bank by phone at (715) 792-2101, by email at clientservices@hnbank.com, or online at hnbank.com — see the contact card for the full address and additional details. For SBA loans specifically, ask for their business lending or SBA department. Try to confirm current availability directly with them.

Based on its approved SBA loans, Hiawatha National Bank most often finances businesses in restaurants & food service, construction & contractors, manufacturing, general retail, medical practices & clinics, and cleaning, landscaping & janitorial. This reflects Hiawatha National Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Hiawatha National Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Hiawatha National Bank participates in SBA Express depends on its specific SBA lending authority. Contact Hiawatha National Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Hiawatha National Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Hiawatha National Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Hiawatha National Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Hiawatha National Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Hiawatha National Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Hiawatha National Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Hiawatha National Bank weighs this case by case under its own policy, so be upfront about your history and ask Hiawatha National Bank how it evaluates prior bankruptcies.