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County10th of 71 in Wisconsin by approvalsFIPS 55059
SBA loans in Kenosha 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 178 loans to businesses in Kenosha County, Wisconsin, in FY2021 to FY2025, worth $115M: 153 under 7(a) and 25 under 504.
That is 52.3 approvals per 1,000 business establishments (3,403 establishments in 2023), close to the Wisconsin figure of 46.3 and above the national 41.0.
It ranks 10th of 71 Wisconsin counties with approvals. In FY2025 there were 46, up 44% on FY2024.
39 lenders had approvals here; the most active were U.S. Bank, National Association (28), Community State Bank (25) and The Huntington National Bank (17). 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 Kenosha County
By number of approvals to businesses in the county, FY2021–FY2025; 39 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 28 | $12.9M | 15.7% | |
| 2 | Community State BankUnion Grove, WI | 25 | $9.2M | 14.0% | |
| 3 | The Huntington National BankColumbus, OH | 17 | $7.3M | 9.6% | |
| 4 | Racine County Economic Development CorporationSturtevant, WI · CDC | 12 | $8.8M | 6.7% | |
| 5 | WBD, Inc.Madison, WI · CDC | 9 | $11.5M | 5.1% | |
| 6 | First American BankElk Grove Village, IL | 8 | $3.6M | 4.5% | |
| 7 | State Bank of the Lakes, National AssociationAntioch, IL | 6 | $1.5M | 3.4% | |
| 8 | United Midwest Savings Bank National AssociationDe Graff, OH | 5 | $5.6M | 2.8% | |
| 9 | Byline BankChicago, IL | 5 | $3.6M | 2.8% | |
| 10 | Bank Five NineOconomowoc, WI | 5 | $1.3M | 2.8% | |
| 11 | BayFirst National BankSaint Petersburg, FL | 5 | $843K | 2.8% | |
| 12 | Wisconsin Women's Business Initiative CorporationMilwaukee, WI | 5 | $640K | 2.8% | |
| 13 | Newtek Bank, National AssociationMiami, FL | 4 | $600K | 2.2% | |
| 14 | Northeast BankLewiston, ME | 4 | $102K | 2.2% | |
| 15 | Small Business Growth CorporationSpringfield, IL · CDC | 3 | $8.4M | 1.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 19 | 10.7% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 9 | 5.1% | |
| 3 | Machine Shops; Turned Product; and Screw, Nut, and Bolt ManufacturingNAICS 3327 | 7 | 3.9% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 7 | 3.9% | |
| 5 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 7 | 3.9% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 3.4% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 6 | 3.4% | |
| 8 | Computer Systems Design and Related ServicesNAICS 5415 | 5 | 2.8% | |
| 9 | Building Equipment ContractorsNAICS 2382 | 5 | 2.8% | |
| 10 | Building Finishing ContractorsNAICS 2383 | 5 | 2.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 30 | 16.9% | |
| 2 | Retail Trade | 24 | 13.5% | |
| 3 | Manufacturing | 22 | 12.4% | |
| 4 | Construction | 20 | 11.2% | |
| 5 | Other Services (except Public Administration) | 19 | 10.7% | |
| 6 | Arts, Entertainment, and Recreation | 13 | 7.3% | |
| 7 | Health Care and Social Assistance | 12 | 6.7% | |
| 8 | Professional, Scientific, and Technical Services | 8 | 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* | 12 | $2.9M | $175K | 5 | $5.6M | 17 | 163 |
| FY2025 | 42 | $19.9M | $150K | 4 | $3.9M | 46 | 326 |
| FY2024 | 29 | $11.9M | $150K | 3 | $7.8M | 32 | 408 |
| FY2023 | 26 | $13.2M | $220K | 6 | $7.1M | 32 | 289 |
| FY2022 | 25 | $21.9M | $260K | 6 | $6.4M | 31 | 465 |
| FY2021 | 31 | $17.3M | $320K | 6 | $5.4M | 37 | 474 |
| FY2020 | 25 | $16.5M | $320K | 9 | $6.7M | 34 | 515 |
| FY2019 | 24 | $13.4M | $228K | 2 | — | 26 | 327 |
| FY2018 | 37 | $9.1M | $125K | 4 | $2.0M | 41 | 303 |
| FY2017 | 32 | $19.8M | $148K | 10 | $9.6M | 42 | 411 |
| FY2016 | 35 | $6.9M | $100K | 2 | — | 37 | 203 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 180 approvals.
Against Wisconsin and the country
| FY2021–FY2025 | Kenosha County | Wisconsin | United States |
|---|---|---|---|
| Approvals | 178 | 6,706 | 342,825 |
| Approvals per 1,000 establishments | 52.3 | 46.3 | 41.0 |
| Median 7(a) approval | $200K | $225K | $190K |
| Median 504 approval | $831K | $616K | $657K |
| Average approval | $645K | $594K | $573K |
| 504 share of approvals | 14.0% | 18.4% | 11.0% |
| Jobs supported per approval, as reported | 11.0 | 11.0 | 10.5 |
| Share of state approvals | 2.7% | 100.0% | — |
Approval sizes
- $50,000 or less20.2%36
- $50,001 to $150,00019.1%34
- $150,001 to $350,00020.8%37
- $350,001 to $1 million21.3%38
- $1 million to $2 million10.1%18
- Over $2 million8.4%15
Age of the businesses
- Existing, more than 2 years old54.5%97
- New business, 2 years or less18.5%33
- Startup, loan funds will open the business16.9%30
- Change of ownership10.1%18
Questions and answers
Which lenders make the most SBA loans in Kenosha County?
By approvals in FY2021 to FY2025: U.S. Bank, National Association (28), Community State Bank (25), The Huntington National Bank (17), Racine County Economic Development Corporation (12), WBD, Inc. (9). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Kenosha County?
The median 7(a) approval was $200K and the median 504 approval $831K; the Wisconsin 7(a) median was $225K.
Which industries get the most SBA loans in Kenosha County?
Restaurants and Other Eating Places (19); Other Amusement and Recreation Industries (9); Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing (7); Offices of Other Health Practitioners (7); Drinking Places (Alcoholic Beverages) (7).
Is SBA lending in Kenosha County rising?
Approvals in the three latest complete fiscal years total 110, against 102 in the three before: broadly level (+8%).
How does Kenosha County compare with the rest of Wisconsin?
52.3 approvals per 1,000 establishments against 46.3 statewide, and 178 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