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County13th of 71 in Wisconsin by approvalsFIPS 55131
SBA loans in Washington 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 Washington County, Wisconsin, received 157 SBA loan approvals worth $93.7M in FY2021 to FY2025 (118 7(a), 39 504).
That is 45.8 approvals per 1,000 business establishments (3,427 establishments in 2023), close to the Wisconsin figure of 46.3 and close to the national 41.0.
It ranks 13th of 71 Wisconsin counties with approvals. In FY2025 there were 34, about level with FY2024.
50 lenders had approvals here; the most active were WBD, Inc. (34), Bank Five Nine (14) and Byline Bank (9). 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 Washington County
By number of approvals to businesses in the county, FY2021–FY2025; 50 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | WBD, Inc.Madison, WI · CDC | 34 | $24.1M | 21.7% | |
| 2 | Bank Five NineOconomowoc, WI | 14 | $10.2M | 8.9% | |
| 3 | Byline BankChicago, IL | 9 | $9.7M | 5.7% | |
| 4 | U.S. Bank, National AssociationCincinnati, OH | 9 | $1.8M | 5.7% | |
| 5 | Live Oak Banking CompanyWilmington, NC | 7 | $5.0M | 4.5% | |
| 6 | Waukesha State BankWaukesha, WI | 6 | $2.9M | 3.8% | |
| 7 | Summit CUCottage Grove, WI | 6 | $1.5M | 3.8% | |
| 8 | Bank First, N.A.Manitowoc, WI | 5 | $2.2M | 3.2% | |
| 9 | Racine County Economic Development CorporationSturtevant, WI · CDC | 4 | $2.4M | 2.5% | |
| 10 | First American BankElk Grove Village, IL | 3 | $1.4M | 1.9% | |
| 11 | Northeast BankLewiston, ME | 3 | $707K | 1.9% | |
| 12 | Newtek Bank, National AssociationMiami, FL | 3 | $640K | 1.9% | |
| 13 | The Huntington National BankColumbus, OH | 3 | $586K | 1.9% | |
| 14 | First Bank of the LakeOsage Beach, MO | 3 | $425K | 1.9% | |
| 15 | Harvest Small Business Finance, LLCLaguna Hills, CA | 2 | — | 1.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 12 | 7.6% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 11 | 7.0% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 7 | 4.5% | |
| 4 | Building Finishing ContractorsNAICS 2383 | 6 | 3.8% | |
| 5 | Metalworking Machinery ManufacturingNAICS 3335 | 5 | 3.2% | |
| 6 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 5 | 3.2% | |
| 7 | Specialized Freight TruckingNAICS 4842 | 5 | 3.2% | |
| 8 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 4 | 2.5% | |
| 9 | Lessors of Real EstateNAICS 5311 | 4 | 2.5% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 2.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Manufacturing | 29 | 18.5% | |
| 2 | Accommodation and Food Services | 19 | 12.1% | |
| 3 | Retail Trade | 19 | 12.1% | |
| 4 | Other Services (except Public Administration) | 16 | 10.2% | |
| 5 | Health Care and Social Assistance | 14 | 8.9% | |
| 6 | Construction | 14 | 8.9% | |
| 7 | Professional, Scientific, and Technical Services | 9 | 5.7% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 9 | 5.7% |
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* | 26 | $28.9M | $336K | 5 | $3.1M | 31 | 381 |
| FY2025 | 31 | $16.6M | $297K | 3 | $2.3M | 34 | 561 |
| FY2024 | 30 | $11.4M | $262K | 5 | $3.7M | 35 | 349 |
| FY2023 | 17 | $9.5M | $381K | 8 | $3.8M | 25 | 175 |
| FY2022 | 13 | $10.2M | $349K | 14 | $10.1M | 27 | 156 |
| FY2021 | 27 | $19.1M | $500K | 9 | $7.0M | 36 | 359 |
| FY2020 | 21 | $8.0M | $325K | 8 | $5.1M | 29 | 241 |
| FY2019 | 28 | $10.1M | $141K | 8 | $4.2M | 36 | 275 |
| FY2018 | 39 | $19.9M | $152K | 7 | $4.5M | 46 | 481 |
| FY2017 | 48 | $20.5M | $150K | 8 | $5.0M | 56 | 333 |
| FY2016 | 48 | $32.8M | $265K | 1 | — | 49 | 724 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 216 approvals.
Against Wisconsin and the country
| FY2021–FY2025 | Washington County | Wisconsin | United States |
|---|---|---|---|
| Approvals | 157 | 6,706 | 342,825 |
| Approvals per 1,000 establishments | 45.8 | 46.3 | 41.0 |
| Median 7(a) approval | $358K | $225K | $190K |
| Median 504 approval | $516K | $616K | $657K |
| Average approval | $597K | $594K | $573K |
| 504 share of approvals | 24.8% | 18.4% | 11.0% |
| Jobs supported per approval, as reported | 10.2 | 11.0 | 10.5 |
| Share of state approvals | 2.3% | 100.0% | — |
Approval sizes
- $50,000 or less5.7%9
- $50,001 to $150,00015.3%24
- $150,001 to $350,00022.9%36
- $350,001 to $1 million41.4%65
- $1 million to $2 million9.6%15
- Over $2 million5.1%8
Age of the businesses
- Existing, more than 2 years old58.0%91
- New business, 2 years or less10.8%17
- Startup, loan funds will open the business12.7%20
- Change of ownership18.5%29
Questions and answers
Which lenders make the most SBA loans in Washington County?
By approvals in FY2021 to FY2025: WBD, Inc. (34), Bank Five Nine (14), Byline Bank (9), U.S. Bank, National Association (9), Live Oak Banking Company (7). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Washington County?
The median 7(a) approval was $358K and the median 504 approval $516K; the Wisconsin 7(a) median was $225K.
Which industries get the most SBA loans in Washington County?
Restaurants and Other Eating Places (12); Automotive Repair and Maintenance (11); Services to Buildings and Dwellings (7); Building Finishing Contractors (6); Metalworking Machinery Manufacturing (5).
Is SBA lending in Washington County rising?
Approvals in the three latest complete fiscal years total 94, against 92 in the three before: broadly level (+2%).
How does Washington County compare with the rest of Wisconsin?
45.8 approvals per 1,000 establishments against 46.3 statewide, and 157 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