Lenders › The Stephenson National Bank and Trust
7(a) lenderMarinette, WisconsinFDIC-insured bank474th of 2,184 by approvals
The Stephenson National Bank and Trust
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
The Stephenson National Bank and Trust (Marinette, Wisconsin) is an FDIC-insured bank in the SBA 7(a) program, 474th of 2,184 by approvals in FY2021 to FY2025: 55 loans worth $28.4M.
In FY2025, the latest complete fiscal year, it had 8 approvals totalling $4.7M. FY2026 to 30 Jun 2026 adds 2 more.
The median approval was $257K, against $190K for the 7(a) program as a whole; 41.8% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 3 states and territories and 11 counties, led by Wisconsin (80.0%), Michigan (18.2%) and Texas (1.8%). The largest industry group was accommodation and food services at 21.8% of approvals, and 10.9% of approvals were to franchise businesses.
Of 105 disbursed loans approved in FY2010 to FY2021, SBA records 7 as charged off (6.7%), 75 as paid in full and 23 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 2 | — | — | — | 6 |
| FY2025 | 8 | $4.7M | $572K | $590K | 102 |
| FY2024 | 2 | — | — | — | 25 |
| FY2023 | 5 | $1.2M | $257K | $247K | 17 |
| FY2022 | 19 | $11.6M | $200K | $610K | 199 |
| FY2021 | 21 | $10.4M | $150K | $496K | 130 |
| FY2020 | 7 | $3.1M | $165K | $438K | 35 |
| FY2019 | 1 | — | — | — | 9 |
| FY2018 | 4 | $2.6M | $526K | $639K | 39 |
| FY2017 | 12 | $2.8M | $122K | $236K | 61 |
| FY2016 | 3 | $185K | $65K | $62K | 6 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 27 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Wisconsin | 7(a) program |
|---|---|---|---|
| Approvals in these years | 110 | 16,853 | 639,905 |
| Cancelled or never disbursed | 5 | 1,983 | 79,313 |
| Disbursed loans | 105 | 14,870 | 560,592 |
| Paid in full | 75 | 12,167 | 435,813 |
| Charged off | 7 | 736 | 36,891 |
| Still outstanding (status exempt from disclosure) | 23 | 1,967 | 87,888 |
| Charged off, share of disbursed loans | 6.7% | 4.9% | 6.6% |
| Dollars charged off, share of disbursed dollars | 3.8% | 2.6% | 2.5% |
| Dollars charged off | $1.4M | $143M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 20 | 8 | 0 | — | 2.8% |
| FY2020 | 7 | 5 | 0 | — | 4.0% |
| FY2019 | 1 | 1 | 0 | — | 6.7% |
| FY2018 | 4 | 3 | 0 | — | 7.9% |
| FY2017 | 11 | 10 | 1 | — | 7.7% |
| FY2016 | 3 | 2 | 0 | — | 7.2% |
| FY2015 | 12 | 9 | 2 | — | 6.9% |
| FY2014 | 10 | 8 | 0 | — | 6.4% |
| FY2013 | 10 | 9 | 0 | — | 6.0% |
| FY2012 | 9 | 6 | 1 | — | 6.3% |
| FY2011 | 6 | 5 | 1 | — | 6.9% |
| FY2010 | 12 | 9 | 2 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $257K | $190K |
| Average approval | $517K | $518K |
| Approvals of $150,000 or less | 41.8% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 38.2% | 34.3% |
| Approvals to franchise businesses | 10.9% | 11.5% |
| Jobs supported per approval, as reported | 8.6 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.7% | 6.6% |
States served
| # | State of the business (3 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Wisconsin | 44 | $23.5M | 80.0% | |
| 2 | Michigan | 10 | $3.7M | 18.2% | |
| 3 | Texas | 1 | — | 1.8% |
In Wisconsin the lender accounts for 0.8% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (11 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Marinette County, WI | 25 | $11.0M | 45.5% | |
| 2 | Brown County, WI | 8 | $4.1M | 14.5% | |
| 3 | Menominee County, MI | 8 | $1.9M | 14.5% | |
| 4 | Oconto County, WI | 4 | $762K | 7.3% | |
| 5 | Door County, WI | 2 | — | 3.6% | |
| 6 | Delta County, MI | 2 | — | 3.6% | |
| 7 | Outagamie County, WI | 2 | — | 3.6% | |
| 8 | Dane County, WI | 1 | — | 1.8% | |
| 9 | Rockwall County, TX | 1 | — | 1.8% | |
| 10 | Milwaukee County, WI | 1 | — | 1.8% | |
| 11 | Winnebago County, WI | 1 | — | 1.8% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 12 | 21.8% | |
| 2 | Retail Trade | 11 | 20.0% | |
| 3 | Manufacturing | 9 | 16.4% | |
| 4 | Other Services (except Public Administration) | 6 | 10.9% | |
| 5 | Arts, Entertainment, and Recreation | 6 | 10.9% | |
| 6 | Wholesale Trade | 2 | 3.6% | |
| 7 | Finance and Insurance | 2 | 3.6% | |
| 8 | Health Care and Social Assistance | 2 | 3.6% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 6 | 10.9% | |
| 2 | Traveler AccommodationNAICS 7211 | 5 | 9.1% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 5 | 9.1% | |
| 4 | Beverage ManufacturingNAICS 3121 | 4 | 7.3% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 7.3% | |
| 6 | Gasoline StationsNAICS 4571 | 3 | 5.5% | |
| 7 | Clothing StoresNAICS 4481 | 3 | 5.5% | |
| 8 | Machine Shops; Turned Product; and Screw, Nut, and Bolt ManufacturingNAICS 3327 | 2 | 3.6% | |
| 9 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 2 | 3.6% | |
| 10 | Grocery StoresNAICS 4451 | 2 | 3.6% |
Approval sizes
- $50,000 or less18.2%10
- $50,001 to $150,00023.6%13
- $150,001 to $350,00020.0%11
- $350,001 to $1 million21.8%12
- $1 million to $2 million10.9%6
- Over $2 million5.5%3
Loan terms
- 5 years or less1.8%1
- Over 5 to 10 years52.7%29
- Over 10 to 20 years40.0%22
- Over 20 years5.5%3
Age of the businesses
- Existing, more than 2 years old20.0%11
- New business, 2 years or less32.7%18
- Startup, loan funds will open the business5.5%3
- Change of ownership41.8%23
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 31 | 56.4% | |
| 2 | 7a General | 23 | 41.8% | |
| 3 | 7(a) WCP | 1 | 1.8% |
Franchise share
6 of 55 approvals in FY2021–FY2025 (10.9%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Super 8 by Wyndhan | 2 | 3.6% | |
| 2 | Piggly Wiggly | 2 | 3.6% | |
| 3 | Rodeway Inn | 1 | 1.8% | |
| 4 | Econo Lodge | 1 | 1.8% |
Questions and answers
How many SBA loans does The Stephenson National Bank and Trust make?
SBA approved 8 7(a) loans through The Stephenson National Bank and Trust in FY2025, worth $4.7M, and 55 over FY2021 to FY2025. That ranks 474th of 2,184 active 7(a) lenders by number of approvals.
How large are The Stephenson National Bank and Trust's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $257K and the average $517K. The program-wide median was $190K.
What is The Stephenson National Bank and Trust's charge-off rate?
Of 105 disbursed loans approved in FY2010 to FY2021, SBA records 7 as charged off (6.7%), 75 as paid in full and 23 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does The Stephenson National Bank and Trust lend to most?
By number of approvals in FY2021 to FY2025: other amusement and recreation industries (6); traveler accommodation (5); restaurants and other eating places (5); beverage manufacturing (4).
Where does The Stephenson National Bank and Trust make SBA loans?
In 3 states and territories. Wisconsin 44, Michigan 10, Texas 1. In Wisconsin it accounts for 0.8% of all 7(a) approvals.
Is The Stephenson National Bank and Trust's SBA lending rising?
Approvals in the three latest complete fiscal years total 15, against 47 in the three before: falling (-68%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error