States › Wisconsin › Chippewa County
County21st of 71 in Wisconsin by approvalsFIPS 55017
SBA loans in Chippewa County, Wisconsin
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
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.
SBA approved 80 loans to businesses in Chippewa County, Wisconsin, in FY2021 to FY2025, worth $43.1M: 62 under 7(a) and 18 under 504.
That is 48.2 approvals per 1,000 business establishments (1,660 establishments in 2023), close to the Wisconsin figure of 46.3 and above the national 41.0.
It ranks 21st of 71 Wisconsin counties with approvals. In FY2025 there were 17, up 13% on FY2024.
15 lenders had approvals here; the most active were CCFBank National Association (25), WBD, Inc. (18) and Security Financial Bank (15). The most common industry was restaurants and other eating places.
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. Data through 30 Jun 2026.
Lenders most active in Chippewa County
By number of approvals to businesses in the county, FY2021–FY2025; 15 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | CCFBank National AssociationAltoona, WI | 25 | $13.0M | 31.3% | |
| 2 | WBD, Inc.Madison, WI · CDC | 18 | $16.9M | 22.5% | |
| 3 | Security Financial BankDurand, WI | 15 | $6.6M | 18.8% | |
| 4 | U.S. Bank, National AssociationCincinnati, OH | 5 | $2.0M | 6.3% | |
| 5 | Frandsen Bank and TrustArden Hills, MN | 3 | $522K | 3.8% | |
| 6 | Hiawatha National BankHager City, WI | 2 | — | 2.5% | |
| 7 | Old National BankEvansville, IN | 2 | — | 2.5% | |
| 8 | Newtek Bank, National AssociationMiami, FL | 2 | — | 2.5% | |
| 9 | Byline BankChicago, IL | 2 | — | 2.5% | |
| 10 | Associated Bank National AssociationGreen Bay, WI | 1 | — | 1.3% | |
| 11 | Prevail BankMedford, WI | 1 | — | 1.3% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 1 | — | 1.3% | |
| 13 | Dairy State BankRice Lake, WI | 1 | — | 1.3% | |
| 14 | Nicolet National BankGreen Bay, WI | 1 | — | 1.3% | |
| 15 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 1.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 6 | 7.5% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 6.3% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 5 | 6.3% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 5 | 6.3% | |
| 5 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 4 | 5.0% | |
| 6 | Other Fabricated Metal Product ManufacturingNAICS 3329 | 3 | 3.8% | |
| 7 | Specialized Freight TruckingNAICS 4842 | 3 | 3.8% | |
| 8 | Utility System ConstructionNAICS 2371 | 3 | 3.8% | |
| 9 | Child Day Care ServicesNAICS 6244 | 2 | 2.5% | |
| 10 | Other Miscellaneous Store RetailersNAICS 4539 | 2 | 2.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Manufacturing | 11 | 13.8% | |
| 2 | Accommodation and Food Services | 11 | 13.8% | |
| 3 | Construction | 10 | 12.5% | |
| 4 | Other Services (except Public Administration) | 9 | 11.3% | |
| 5 | Retail Trade | 7 | 8.8% | |
| 6 | Health Care and Social Assistance | 6 | 7.5% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 6 | 7.5% | |
| 8 | Arts, Entertainment, and Recreation | 5 | 6.3% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 7 | $6.4M | $55K | 3 | $4.1M | 10 | 115 |
| FY2025 | 16 | $5.7M | $168K | 1 | — | 17 | 123 |
| FY2024 | 13 | $7.0M | $250K | 2 | — | 15 | 255 |
| FY2023 | 12 | $2.7M | $246K | 4 | $4.9M | 16 | 123 |
| FY2022 | 7 | $3.6M | $200K | 7 | $3.4M | 14 | 108 |
| FY2021 | 14 | $7.2M | $200K | 4 | $4.3M | 18 | 237 |
| FY2020 | 12 | $3.0M | $185K | 4 | $2.8M | 16 | 214 |
| FY2019 | 7 | $3.1M | $350K | 5 | $2.5M | 12 | 120 |
| FY2018 | 10 | $7.1M | $246K | 1 | — | 11 | 78 |
| FY2017 | 10 | $1.4M | $77K | 1 | — | 11 | 31 |
| FY2016 | 10 | $2.2M | $100K | 2 | — | 12 | 97 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 62 approvals.
Against Wisconsin and the country
| FY2021–FY2025 | Chippewa County | Wisconsin | United States |
|---|---|---|---|
| Approvals | 80 | 6,706 | 342,825 |
| Approvals per 1,000 establishments | 48.2 | 46.3 | 41.0 |
| Median 7(a) approval | $231K | $225K | $190K |
| Median 504 approval | $728K | $616K | $657K |
| Average approval | $538K | $594K | $573K |
| 504 share of approvals | 22.5% | 18.4% | 11.0% |
| Jobs supported per approval, as reported | 10.6 | 11.0 | 10.5 |
| Share of state approvals | 1.2% | 100.0% | — |
Approval sizes
- $50,000 or less13.8%11
- $50,001 to $150,00020.0%16
- $150,001 to $350,00023.8%19
- $350,001 to $1 million27.5%22
- $1 million to $2 million12.5%10
- Over $2 million2.5%2
Age of the businesses
- Existing, more than 2 years old46.3%37
- New business, 2 years or less30.0%24
- Startup, loan funds will open the business11.3%9
- Change of ownership12.5%10
Questions and answers
Which lenders make the most SBA loans in Chippewa County?
By approvals in FY2021 to FY2025: CCFBank National Association (25), WBD, Inc. (18), Security Financial Bank (15), U.S. Bank, National Association (5), Frandsen Bank and Trust (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Chippewa County?
The median 7(a) approval was $231K and the median 504 approval $728K; the Wisconsin 7(a) median was $225K.
Which industries get the most SBA loans in Chippewa County?
Restaurants and Other Eating Places (6); Automotive Repair and Maintenance (5); Other Amusement and Recreation Industries (5); Services to Buildings and Dwellings (5); Foundation, Structure, and Building Exterior Contractors (4).
Is SBA lending in Chippewa County rising?
Approvals in the three latest complete fiscal years total 48, against 48 in the three before: broadly level (0%).
How does Chippewa County compare with the rest of Wisconsin?
48.2 approvals per 1,000 establishments against 46.3 statewide, and 80 of the state's 6,706 approvals.
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. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error