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Wisconsin · Mining & Energy
SBA loans for mining & energy in Wisconsin
30 loans worth $32.9M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Wisconsin.
Loans
30
Approved
$32.9M
Median loan
$447,500
+97% vs sector nationally
Median rate
5.50%
Jobs supported
333
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.
Lenders
Who lends to mining & energy in Wisconsin
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Bank First | 3 | $10.1M | |
| WBD, Inc. | 3 | $7.9M | |
| Newtek Small Business Finance, Inc. | 1 | $5.0M | |
| Bank Five Nine | 9 | $2.5M | |
| Associated Bank | 2 | $2.2M | |
| CCFBank | 3 | $1.9M | |
| IncredibleBank | 1 | $1.1M | |
| Ladysmith Federal Savings & Loan Association | 2 | $985K |
Detail
Which industries inside the sector
| Industry | Loans | Share |
|---|---|---|
| Construction Sand and Gravel Mining | 9 | |
| Dimension Stone Mining and Quarrying | 6 | |
| Other Crushed and Broken Stone Mining and Quarrying | 6 | |
| Crushed and Broken Limestone Mining and Quarrying | 4 | |
| Industrial Sand Mining | 2 | |
| Support Activities for Nonmetallic Minerals (except Fuels) Mining | 1 | |
| Support Activities for Metal Mining | 1 | |
| Lead Ore and Zinc Ore Mining | 1 |
An SBA 7(a) lender for loans this size
The median SBA loan approved for mining & energy in Wisconsin since FY2010 was $447,500. 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.
All SBA lending in Wisconsin
25,076 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Wisconsin?
- 30 SBA loans totalling $32,931,700 have been approved for mining, quarrying, and oil and gas extraction projects in Wisconsin since FY2010.
- Which lenders finance mining & energy in Wisconsin?
- The most active by dollars approved are Bank First, WBD, Inc., Newtek Small Business Finance, Inc., Bank Five Nine. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Wisconsin?
- The median approval is $447,500, 97% above the national median for this sector ($227,300).
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