The Stephenson National Bank and Trust: SBA business acquisition lending record
The Stephenson National Bank and Trust (home state WI) approved 27 SBA 7(a) loans to buy existing businesses since FY2018, totaling $19.9M. The median loan was $426,600. It ranks number 270 of 280 lenders by count and made 0.1% of all SBA acquisition loans nationally.
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What this tells a borrower
- Deal size it funds. Half of its acquisition loans fell between $142,500 and $1,053,000. If your deal sits well outside that band, this lender may be less practiced at it.
- Geographic reach. Wisconsin is the largest state (93% of loans). Loans appear in only 2 states, which points to a regional lender.
- Industry concentration. Hotels (except Casino Hotels) and Motels is 19% of its acquisition loans. The mix is spread across several industries.
- Overall 7(a) volume. 63 SBA 7(a) loans of any purpose since FY2020, totaling $31.7M. 0% of its acquisition loans were processed under the Preferred Lenders Program.
- Franchise share. 22% of its acquisition loans involved a franchise brand, against 18% for all lenders.
- Seasoned performance. Too few of its loans are old enough to measure a charge-off rate.
The Stephenson National Bank and Trust acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $765K | $765,000 | |
| FY2019 | 0 | $0 | - | |
| FY2020 | 2 | $972K | $486,050 | |
| FY2021 | 9 | $5.6M | $400,000 | |
| FY2022 | 10 | $10.4M | $592,000 | |
| FY2023 | 1 | $427K | $426,600 | |
| FY2024 | 1 | $425K | $425,000 | |
| FY2025 | 2 | $1.2M | $598,400 | |
| FY2026 | 1 | $132K | $132,300 |
How often do these acquisition loans fail?
Fewer than 20 The Stephenson National Bank and Trust acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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States served
Industries financed
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Hotels (except Casino Hotels) and Motels | 5 | 18.5% | $7.3M | |
| 2 | Full-Service Restaurants | 3 | 11.1% | $544K | |
| 3 | General Automotive Repair | 2 | 7.4% | $2.7M | |
| 4 | Wineries | 2 | 7.4% | $1.8M | |
| 5 | Gasoline Stations with Convenience Stores | 2 | 7.4% | $1.1M | |
| 6 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 2 | 7.4% | $977K | |
| 7 | Machine Shops | 1 | 3.7% | $1.5M | |
| 8 | Golf Courses and Country Clubs | 1 | 3.7% | $1.2M | |
| 9 | Clothing and Clothing Accessories Retailers | 1 | 3.7% | $848K | |
| 10 | Commercial Printing (except Screen and Books) | 1 | 3.7% | $431K |
That draft favors the seller. We review it for the buyer, line by line.
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Franchise brands financed
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Piggly Wiggly | 2 | 7.4% | $977K | |
| 2 | Econo Lodge | 2 | 7.4% | $915K | |
| 3 | Rodeway Inn | 1 | 3.7% | $3.4M | |
| 4 | Super 8 | 1 | 3.7% | $1.4M |
Questions buyers ask
Does The Stephenson National Bank and Trust make SBA acquisition loans?
Yes. The Stephenson National Bank and Trust approved 27 SBA 7(a) loans to buy existing businesses from FY2018 to FY2026, ranking number 270 of 280 lenders with 25 or more such loans. The SBA file shows past approvals only; it cannot tell you whether the lender will approve a particular buyer or deal.
How large are The Stephenson National Bank and Trust's acquisition loans?
The median was $426,600, with the middle half between $142,500 and $1,053,000. The national median is $645,250, so this lender's typical loan is 34% lower than the national figure.
Which states does The Stephenson National Bank and Trust lend in?
Wisconsin (25), Michigan (2). Its loans appear in 2 states, so it is closer to a regional lender.
Which industries does The Stephenson National Bank and Trust finance?
Hotels (except Casino Hotels) and Motels (5), Full-Service Restaurants (3), General Automotive Repair (2), Wineries (2), Gasoline Stations with Convenience Stores (2). The top industry is 19% of its acquisition loans.
How have The Stephenson National Bank and Trust's acquisition loans performed?
Fewer than 20 of this lender's loans are old enough to measure. The national benchmark is 3.5% for the FY2018 to FY2021 cohort.
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Related
- Wisconsin acquisitions
- Michigan acquisitions
- Hotels (except Casino Hotels) and Motels
- Full-Service Restaurants
- General Automotive Repair
- All lenders
Figures are aggregates of public SBA data. This page is not provided or endorsed by The Stephenson National Bank and Trust.