Lenders › Union Bank and Trust Company
7(a) lenderLincoln, NebraskaFDIC-insured bank134th of 2,184 by approvals
Union Bank and Trust Company
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.
Union Bank and Trust Company (Lincoln, Nebraska) is an FDIC-insured bank in the SBA 7(a) program, 134th of 2,184 by approvals in FY2021 to FY2025: 273 loans worth $110M.
In FY2025, the latest complete fiscal year, it had 71 approvals totalling $30.2M, down 16% on FY2024 (85). FY2026 to 30 Jun 2026 adds 44 more.
The median approval was $250K, against $190K for the 7(a) program as a whole; 39.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 12 states and territories and 39 counties, led by Nebraska (86.1%), Iowa (2.9%) and Colorado (2.2%). The largest industry group was accommodation and food services at 14.7% of approvals, and 18.7% of approvals were to franchise businesses.
Of 283 disbursed loans approved in FY2010 to FY2021, SBA records 7 as charged off (2.5%), 229 as paid in full and 47 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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* | 44 | $15.9M | $145K | $362K | 250 |
| FY2025 | 71 | $30.2M | $300K | $425K | 807 |
| FY2024 | 85 | $30.8M | $250K | $363K | 681 |
| FY2023 | 43 | $16.3M | $226K | $379K | 350 |
| FY2022 | 31 | $13.7M | $153K | $442K | 617 |
| FY2021 | 43 | $18.9M | $226K | $440K | 504 |
| FY2020 | 24 | $11.4M | $286K | $474K | 285 |
| FY2019 | 19 | $3.2M | $100K | $170K | 155 |
| FY2018 | 17 | $2.5M | $120K | $146K | 198 |
| FY2017 | 31 | $5.4M | $112K | $173K | 364 |
| FY2016 | 19 | $4.3M | $90K | $226K | 304 |
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 110 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 | Nebraska | 7(a) program |
|---|---|---|---|
| Approvals in these years | 321 | 4,396 | 639,905 |
| Cancelled or never disbursed | 38 | 469 | 79,313 |
| Disbursed loans | 283 | 3,927 | 560,592 |
| Paid in full | 229 | 3,172 | 435,813 |
| Charged off | 7 | 218 | 36,891 |
| Still outstanding (status exempt from disclosure) | 47 | 537 | 87,888 |
| Charged off, share of disbursed loans | 2.5% | 5.6% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.6% | 2.9% | 2.5% |
| Dollars charged off | $1.8M | $37.6M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 40 | 20 | 0 | 0.0% | 2.8% |
| FY2020 | 21 | 8 | 0 | — | 4.0% |
| FY2019 | 18 | 13 | 2 | — | 6.7% |
| FY2018 | 17 | 12 | 0 | — | 7.9% |
| FY2017 | 30 | 27 | 0 | 0.0% | 7.7% |
| FY2016 | 17 | 15 | 1 | — | 7.2% |
| FY2015 | 32 | 28 | 3 | 9.4% | 6.9% |
| FY2014 | 21 | 20 | 1 | — | 6.4% |
| FY2013 | 29 | 29 | 0 | — | 6.0% |
| FY2012 | 18 | 18 | 0 | — | 6.3% |
| FY2011 | 21 | 20 | 0 | — | 6.9% |
| FY2010 | 19 | 19 | 0 | — | 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 | $250K | $190K |
| Average approval | $403K | $518K |
| Approvals of $150,000 or less | 39.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 38.1% | 34.3% |
| Approvals to franchise businesses | 18.7% | 11.5% |
| Jobs supported per approval, as reported | 10.8 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 2.5% | 6.6% |
States served
| # | State of the business (12 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Nebraska | 235 | $90.2M | 86.1% | |
| 2 | Iowa | 8 | $2.4M | 2.9% | |
| 3 | Colorado | 6 | $5.6M | 2.2% | |
| 4 | Missouri | 6 | $4.3M | 2.2% | |
| 5 | Kansas | 5 | $1.5M | 1.8% | |
| 6 | Arizona | 3 | $1.6M | 1.1% | |
| 7 | Florida | 2 | — | 0.7% | |
| 8 | Minnesota | 2 | — | 0.7% | |
| 9 | Arkansas | 2 | — | 0.7% | |
| 10 | Tennessee | 2 | — | 0.7% | |
| 11 | North Carolina | 1 | — | 0.4% | |
| 12 | Texas | 1 | — | 0.4% |
In Nebraska the lender accounts for 14.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (39 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Lancaster County, NE | 124 | $42.9M | 45.4% | |
| 2 | Douglas County, NE | 66 | $26.3M | 24.2% | |
| 3 | Sarpy County, NE | 12 | $8.0M | 4.4% | |
| 4 | Saunders County, NE | 6 | $2.3M | 2.2% | |
| 5 | Jackson County, MO | 4 | $2.6M | 1.5% | |
| 6 | Cherry County, NE | 4 | $1.3M | 1.5% | |
| 7 | Denver County, CO | 3 | $2.3M | 1.1% | |
| 8 | Hall County, NE | 3 | $1.8M | 1.1% | |
| 9 | Maricopa County, AZ | 3 | $1.6M | 1.1% | |
| 10 | Seward County, NE | 3 | $866K | 1.1% | |
| 11 | Polk County, IA | 3 | $732K | 1.1% | |
| 12 | Red Willow County, NE | 3 | $341K | 1.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 40 | 14.7% | |
| 2 | Health Care and Social Assistance | 34 | 12.5% | |
| 3 | Other Services (except Public Administration) | 31 | 11.4% | |
| 4 | Construction | 30 | 11.0% | |
| 5 | Retail Trade | 28 | 10.3% | |
| 6 | Professional, Scientific, and Technical Services | 24 | 8.8% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 18 | 6.6% | |
| 8 | Manufacturing | 17 | 6.2% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 37 | 13.6% | |
| 2 | Personal Care ServicesNAICS 8121 | 15 | 5.5% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 13 | 4.8% | |
| 4 | Other Specialty Trade ContractorsNAICS 2389 | 12 | 4.4% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 12 | 4.4% | |
| 6 | Other Schools and InstructionNAICS 6116 | 11 | 4.0% | |
| 7 | Specialty Food StoresNAICS 4452 | 10 | 3.7% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 9 | 3.3% | |
| 9 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 7 | 2.6% | |
| 10 | Sporting Goods, Hobby, and Musical Instrument RetailersNAICS 4591 | 7 | 2.6% |
Approval sizes
- $50,000 or less16.5%45
- $50,001 to $150,00022.7%62
- $150,001 to $350,00023.8%65
- $350,001 to $1 million27.8%76
- $1 million to $2 million7.7%21
- Over $2 million1.5%4
Loan terms
- 5 years or less7.7%21
- Over 5 to 10 years73.6%201
- Over 10 to 20 years10.3%28
- Over 20 years8.4%23
Age of the businesses
- Existing, more than 2 years old42.9%117
- New business, 2 years or less17.2%47
- Startup, loan funds will open the business20.9%57
- Change of ownership19.0%52
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 176 | 64.5% | |
| 2 | SBA Express Program | 95 | 34.8% | |
| 3 | 7(a) WCP | 2 | 0.7% |
Franchise share
51 of 273 approvals in FY2021–FY2025 (18.7%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Scooter's Coffee | 11 | 4.0% | |
| 2 | Legato Living | 5 | 1.8% | |
| 3 | Scissors & Scotch | 4 | 1.5% | |
| 4 | A Place At Home | 4 | 1.5% | |
| 5 | Jimmy John's | 3 | 1.1% | |
| 6 | Dairy Queen Operating Agreement | 3 | 1.1% | |
| 7 | GolfTRK | 2 | 0.7% | |
| 8 | Swimtastic Swim School | 2 | 0.7% |
Questions and answers
How many SBA loans does Union Bank and Trust Company make?
SBA approved 71 7(a) loans through Union Bank and Trust Company in FY2025, worth $30.2M, and 273 over FY2021 to FY2025. That ranks 134th of 2,184 active 7(a) lenders by number of approvals.
How large are Union Bank and Trust Company's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $250K and the average $403K. The program-wide median was $190K.
What is Union Bank and Trust Company's charge-off rate?
Of 283 disbursed loans approved in FY2010 to FY2021, SBA records 7 as charged off (2.5%), 229 as paid in full and 47 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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 Union Bank and Trust Company lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (37); personal care services (15); offices of other health practitioners (13); other specialty trade contractors (12).
Where does Union Bank and Trust Company make SBA loans?
In 12 states and territories. Nebraska 235, Iowa 8, Colorado 6, Missouri 6, Kansas 5. In Nebraska it accounts for 14.4% of all 7(a) approvals.
Is Union Bank and Trust Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 199, against 98 in the three before: rising (+103%).
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