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SBA data · Wisconsin
SBA lenders in Wisconsin
25,076 loans worth $11.55B have been approved for Wisconsin projects since FY2010 - the #16 state by SBA dollars, 2.3% of the national total.
State rank
#16
by dollars approved
Approved
$11.55B
FY2010 onward
Loans
25,076
Median loan
$200,000
+11% vs national
Median 7(a) rate
6.00%
Jobs supported
282,741
Lender-reported
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.
Who lends here
The most active SBA lenders in Wisconsin
Ranked by dollars approved for projects in this state. Ranking is computed from federal data and cannot be purchased.
| # | Lender | Approved in WI | Loans | Avg loan | Share |
|---|---|---|---|---|---|
| 1 | WBD, Inc. | $2.49B | 3,039 | $818,677 | |
| 2 | Byline Bank | $837.0M | 812 | $1,030,797 | |
| 3 | Bank Five Nine | $703.2M | 1,685 | $417,313 | |
| 4 | Bank First | $410.1M | 874 | $469,279 | |
| 5 | UMB Bank | $305.6M | 511 | $598,080 | |
| 6 | U.S. Bank | $291.4M | 1,513 | $192,622 | |
| 7 | Nicolet National Bank | $289.2M | 706 | $409,700 | |
| 8 | Old National Bank | $273.7M | 361 | $758,272 | |
| 9 | Live Oak Banking Company | $241.6M | 202 | $1,195,797 | |
| 10 | Summit CU | $241.5M | 1,004 | $240,543 | |
| 11 | Associated Bank | $222.1M | 1,369 | $162,241 | |
| 12 | Waukesha State Bank | $221.9M | 480 | $462,279 |
An SBA 7(a) lender for loans this size
65% of the SBA loans approved in Wisconsin since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
By sector in Wisconsin
- Restaurants & Hotels3,482 · $1.83B
- Retail2,223 · $1.21B
- Health Care2,132 · $998.9M
- Construction2,550 · $824.6M
- Other Services2,200 · $714.9M
- Professional Services1,848 · $579.9M
- Wholesale981 · $528.9M
- Arts & Recreation910 · $458.5M
- Manufacturing695 · $409.1M
- Real Estate647 · $374.3M
- Transportation1,033 · $350.3M
- Administrative & Waste1,163 · $344.7M
- Agriculture379 · $203.8M
- Finance & Insurance342 · $100.8M
- Education254 · $90.1M
- Information211 · $72.2M
- Mining & Energy30 · $32.9M
- Utilities20 · $8.8M
Most-financed industries
Approvals by fiscal year
Gross approval dollars in Wisconsin. The final bar is a partial fiscal year.
Loan sizes in Wisconsin
- Under $50K17%
- $50K - $150K23%
- $150K - $350K25%
- $350K - $1M22%
- $1M - $2M8%
- Over $2M4%
SBA lending in Wisconsin: common questions
- How many SBA loans are approved in Wisconsin?
- 25,076 SBA 7(a) and 504 loans totalling $11,551,293,418 have been approved for projects in Wisconsin since fiscal year 2010, ranking it #16 among states and territories by dollars approved - 2.3% of all SBA lending nationally.
- Which lenders make the most SBA loans in Wisconsin?
- By dollars approved in Wisconsin, the most active lenders are WBD, Inc., Byline Bank, Bank Five Nine, Bank First, UMB Bank. Volume is not a recommendation - a lender's fit depends on your industry, loan size, and credit profile.
- What is the typical SBA loan size in Wisconsin?
- The median gross approval in Wisconsin is $200,000, 11% above the national median of $180,000. Half of all loans in the state fall between $25,000 and $1,175,000.
- Do I need to use a lender based in Wisconsin?
- No. SBA lenders can and routinely do lend across state lines, and several of the largest national 7(a) lenders have no branch presence at all. The lenders listed on this page are those with the most approved dollars for projects located in Wisconsin, wherever they are headquartered.
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.
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