Top Industries Financed
- General Freight Trucking, Long Distance, Truckload
- Corn Farming
- General Automotive Repair
- Snack and Nonalcoholic Beverage Bars
- Beef Cattle Ranching and Farming
Quick Summary
Hershey Bank is an SBA-approved lender headquartered in HERSHEY, Nebraska. Since 2020, they have approved 44 SBA 7(a) loans totaling $19.5M, with an average loan size of $443K. They serve businesses across 3 states.
About Hershey Bank
Hershey Bank is an SBA-approved lender headquartered in HERSHEY, Nebraska. Since 2020, they have approved 44 SBA 7(a) loans totaling $19.5M, with an average loan size of $443K. They serve businesses across 3 states.
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Frequently Asked Questions
Is Hershey Bank an SBA Preferred Lender?
Hershey Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Hershey Bank approved?
According to SBA FOIA public records, Hershey Bank has approved 44 SBA 7(a) loans totaling $19.5M since 2020. Their average loan size is $443K.
What states does Hershey Bank serve?
Hershey Bank serves businesses in 3 states: Colorado, Iowa, Nebraska.
How do I apply for an SBA loan with Hershey Bank?
To apply for an SBA 7(a) loan with Hershey Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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