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County23rd of 71 in Wisconsin by approvalsFIPS 55055
SBA loans in Jefferson 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.
Businesses in Jefferson County, Wisconsin, received 66 SBA loan approvals worth $44.2M in FY2021 to FY2025 (53 7(a), 13 504).
That is 32.1 approvals per 1,000 business establishments (2,058 establishments in 2023), below the Wisconsin figure of 46.3 and below the national 41.0.
It ranks 23rd of 71 Wisconsin counties with approvals. In FY2025 there were 16, down 11% on FY2024.
27 lenders had approvals here; the most active were WBD, Inc. (12), Bank Five Nine (8) and Old National Bank (7). The most common industry was traveler accommodation.
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 Jefferson County
By number of approvals to businesses in the county, FY2021–FY2025; 27 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | WBD, Inc.Madison, WI · CDC | 12 | $10.2M | 18.2% | |
| 2 | Bank Five NineOconomowoc, WI | 8 | $7.3M | 12.1% | |
| 3 | Old National BankEvansville, IN | 7 | $6.1M | 10.6% | |
| 4 | Waukesha State BankWaukesha, WI | 4 | $3.2M | 6.1% | |
| 5 | The Huntington National BankColumbus, OH | 4 | $2.0M | 6.1% | |
| 6 | Summit CUCottage Grove, WI | 4 | $1.2M | 6.1% | |
| 7 | Ixonia BankIxonia, WI | 4 | $655K | 6.1% | |
| 8 | GBankLas Vegas, NV | 2 | — | 3.0% | |
| 9 | Millennium BankDes Plaines, IL | 2 | — | 3.0% | |
| 10 | First Citizens State BankWhitewater, WI | 2 | — | 3.0% | |
| 11 | Centerstone SBA Lending, Inc.Los Angeles, CA | 1 | — | 1.5% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 1.5% | |
| 13 | Peoples State BankWausau, WI | 1 | — | 1.5% | |
| 14 | Nicolet National BankGreen Bay, WI | 1 | — | 1.5% | |
| 15 | SomerCor 504, Inc.Chicago, IL · CDC | 1 | — | 1.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 8 | 12.1% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 12.1% | |
| 3 | Other Miscellaneous ManufacturingNAICS 3399 | 3 | 4.5% | |
| 4 | Other Ambulatory Health Care ServicesNAICS 6219 | 3 | 4.5% | |
| 5 | Personal Care ServicesNAICS 8121 | 3 | 4.5% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 3 | 4.5% | |
| 7 | Lessors of Real EstateNAICS 5311 | 2 | 3.0% | |
| 8 | Apparel Accessories and Other Apparel ManufacturingNAICS 3159 | 2 | 3.0% | |
| 9 | Automotive Repair and MaintenanceNAICS 8111 | 2 | 3.0% | |
| 10 | Architectural and Structural Metals ManufacturingNAICS 3323 | 2 | 3.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 18 | 27.3% | |
| 2 | Manufacturing | 13 | 19.7% | |
| 3 | Health Care and Social Assistance | 7 | 10.6% | |
| 4 | Retail Trade | 5 | 7.6% | |
| 5 | Other Services (except Public Administration) | 5 | 7.6% | |
| 6 | Transportation and Warehousing | 4 | 6.1% | |
| 7 | Construction | 4 | 6.1% | |
| 8 | Wholesale Trade | 3 | 4.5% |
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 | $5.4M | $150K | 1 | — | 8 | 41 |
| FY2025 | 15 | $7.8M | $250K | 1 | — | 16 | 211 |
| FY2024 | 13 | $10.2M | $338K | 5 | $4.8M | 18 | 179 |
| FY2023 | 1 | — | — | 1 | — | 2 | 24 |
| FY2022 | 10 | $3.2M | $270K | 2 | — | 12 | 86 |
| FY2021 | 14 | $11.7M | $603K | 4 | $1.5M | 18 | 224 |
| FY2020 | 5 | $5.1M | $965K | 8 | $5.9M | 13 | 59 |
| FY2019 | 14 | $2.2M | $107K | 3 | $2.0M | 17 | 44 |
| FY2018 | 18 | $4.3M | $100K | 3 | $2.8M | 21 | 76 |
| FY2017 | 19 | $3.7M | $100K | 3 | $1.2M | 22 | 113 |
| FY2016 | 19 | $6.4M | $142K | 3 | $2.0M | 22 | 83 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 95 approvals.
Against Wisconsin and the country
| FY2021–FY2025 | Jefferson County | Wisconsin | United States |
|---|---|---|---|
| Approvals | 66 | 6,706 | 342,825 |
| Approvals per 1,000 establishments | 32.1 | 46.3 | 41.0 |
| Median 7(a) approval | $338K | $225K | $190K |
| Median 504 approval | $493K | $616K | $657K |
| Average approval | $670K | $594K | $573K |
| 504 share of approvals | 19.7% | 18.4% | 11.0% |
| Jobs supported per approval, as reported | 11.0 | 11.0 | 10.5 |
| Share of state approvals | 1.0% | 100.0% | — |
Approval sizes
- $50,000 or less10.6%7
- $50,001 to $150,00012.1%8
- $150,001 to $350,00024.2%16
- $350,001 to $1 million30.3%20
- $1 million to $2 million18.2%12
- Over $2 million4.5%3
Age of the businesses
- Existing, more than 2 years old47.0%31
- New business, 2 years or less12.1%8
- Startup, loan funds will open the business16.7%11
- Change of ownership24.2%16
Questions and answers
Which lenders make the most SBA loans in Jefferson County?
By approvals in FY2021 to FY2025: WBD, Inc. (12), Bank Five Nine (8), Old National Bank (7), Waukesha State Bank (4), The Huntington National Bank (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Jefferson County?
The median 7(a) approval was $338K and the median 504 approval $493K; the Wisconsin 7(a) median was $225K.
Which industries get the most SBA loans in Jefferson County?
Traveler Accommodation (8); Restaurants and Other Eating Places (8); Other Miscellaneous Manufacturing (3); Other Ambulatory Health Care Services (3); Personal Care Services (3).
Is SBA lending in Jefferson County rising?
Approvals in the three latest complete fiscal years total 36, against 43 in the three before: falling (-16%).
How does Jefferson County compare with the rest of Wisconsin?
32.1 approvals per 1,000 establishments against 46.3 statewide, and 66 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