How many SBA loans has Hershey Bank approved?

Hershey Bank has approved 51 SBA loans totalling $20,414,500 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.

What is the typical Hershey Bank SBA loan size?

The median gross approval is $135,000, with the middle 80% of loans falling between $25,000 and $505,000. The national median across all SBA lenders is $180,000.

What interest rate does Hershey Bank charge on SBA 7(a) loans?

The median initial note rate on Hershey Bank's 7(a) approvals is 6.63%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.

SBA lender · 7(a) program

Hershey Bank

Hershey Bank has approved 51 SBA loans worth $20.4M since FY2010. Everything below comes from the SBA’s own loan-level records.

National rank

<0.01% of all SBA dollars

Total approved

$20.4M

FY2010 onward

Loans

Median loan

$135,000

-25% vs national

Median rate

6.63%

-0.12 pts vs national

Charge-off rate

Cohort too small

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Reading the record

What Hershey Bank’s numbers say

Hershey Bank sits in the long tail of the SBA lending field, having approved 51 loans for a gross total of $20.4M since fiscal 2010. Its median loan of $135,000 is close to the $180,000 national median.

The median initial note rate across its 7(a) approvals is 6.63%, essentially the national median. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.

Roughly 27% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a meaningfully greater appetite for startups than the average SBA lender.

Where Hershey Bank lends

State	Loans	Share
Nebraska	49
Colorado	1
Iowa	1

What it lends against

Industry	Loans	Share
General Freight Trucking, Long-Distance, Truckload	7
General Automotive Repair	4
Corn Farming	4
Snack and Nonalcoholic Beverage Bars	4
Beef Cattle Ranching and Farming	3
Supermarkets and Other Grocery Retailers	2
Indoor and Outdoor Display Advertising	2
Residential Remodelers	2

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Questions about Hershey Bank

How many SBA loans has Hershey Bank approved?: Hershey Bank has approved 51 SBA loans totalling $20,414,500 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.
What is the typical Hershey Bank SBA loan size?: The median gross approval is $135,000, with the middle 80% of loans falling between $25,000 and $505,000. The national median across all SBA lenders is $180,000.
What interest rate does Hershey Bank charge on SBA 7(a) loans?: The median initial note rate on Hershey Bank's 7(a) approvals is 6.63%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.

Where to go from here

SBA lending in Nebraska

Every lender active in the state, ranked, with local medians.

Compare every SBA lender

The full leaderboard, sortable by volume, rate, size, and losses.

How SBA 7(a) loans work

Eligibility, caps, fees, timelines, and what the rate is actually pegged to.

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