Lenders › Bank Five Nine
7(a) lenderOconomowoc, WisconsinFDIC-insured bank51st of 2,184 by approvals
Bank Five Nine
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Bank Five Nine, based in Oconomowoc, Wisconsin, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 695 of its 7(a) loans worth $612M in FY2021 to FY2025, which places it 51st of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 192 approvals totalling $135M, up 25% on FY2024 (153). FY2026 to 30 Jun 2026 adds 79 more.
The median approval was $450K, against $190K for the 7(a) program as a whole; 16.8% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 46 states and territories and 329 counties, led by Wisconsin (17.7%), Texas (15.1%) and Florida (8.9%). The largest industry group was real estate and rental and leasing at 24.0% of approvals, and 38.1% of approvals were to franchise businesses.
Of 1,763 disbursed loans approved in FY2010 to FY2021, SBA records 80 as charged off (4.5%), 1,467 as paid in full and 216 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 79 | $35.1M | $300K | $444K | 1,231 |
| FY2025 | 192 | $135M | $376K | $704K | 2,333 |
| FY2024 | 153 | $146M | $490K | $953K | 2,371 |
| FY2023 | 103 | $108M | $715K | $1.0M | 1,515 |
| FY2022 | 93 | $68.8M | $349K | $740K | 1,303 |
| FY2021 | 154 | $155M | $484K | $1.0M | 2,272 |
| FY2020 | 78 | $45.4M | $350K | $582K | 840 |
| FY2019 | 74 | $68.8M | $350K | $930K | 902 |
| FY2018 | 140 | $149M | $552K | $1.1M | 1,707 |
| FY2017 | 176 | $141M | $350K | $799K | 2,282 |
| FY2016 | 218 | $142M | $350K | $650K | 2,440 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 686 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Wisconsin | 7(a) program |
|---|---|---|---|
| Approvals in these years | 2,123 | 16,853 | 639,905 |
| Cancelled or never disbursed | 360 | 1,983 | 79,313 |
| Disbursed loans | 1,763 | 14,870 | 560,592 |
| Paid in full | 1,467 | 12,167 | 435,813 |
| Charged off | 80 | 736 | 36,891 |
| Still outstanding (status exempt from disclosure) | 216 | 1,967 | 87,888 |
| Charged off, share of disbursed loans | 4.5% | 4.9% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.6% | 2.6% | 2.5% |
| Dollars charged off | $16.9M | $143M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 102 | 39 | 1 | 1.0% | 2.8% |
| FY2020 | 56 | 35 | 0 | 0.0% | 4.0% |
| FY2019 | 55 | 43 | 0 | 0.0% | 6.7% |
| FY2018 | 116 | 92 | 1 | 0.9% | 7.9% |
| FY2017 | 143 | 106 | 3 | 2.1% | 7.7% |
| FY2016 | 180 | 136 | 20 | 11.1% | 7.2% |
| FY2015 | 247 | 226 | 7 | 2.8% | 6.9% |
| FY2014 | 246 | 222 | 20 | 8.1% | 6.4% |
| FY2013 | 224 | 207 | 9 | 4.0% | 6.0% |
| FY2012 | 155 | 138 | 13 | 8.4% | 6.3% |
| FY2011 | 166 | 156 | 3 | 1.8% | 6.9% |
| FY2010 | 73 | 67 | 3 | 4.1% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $450K | $190K |
| Average approval | $881K | $518K |
| Approvals of $150,000 or less | 16.8% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 64.3% | 34.3% |
| Approvals to franchise businesses | 38.1% | 11.5% |
| Jobs supported per approval, as reported | 14.1 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 4.5% | 6.6% |
States served
| # | State of the business (46 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Wisconsin | 123 | $76.8M | 17.7% | |
| 2 | Texas | 105 | $111M | 15.1% | |
| 3 | Florida | 62 | $63.9M | 8.9% | |
| 4 | California | 45 | $33.8M | 6.5% | |
| 5 | North Carolina | 29 | $16.3M | 4.2% | |
| 6 | Illinois | 25 | $19.1M | 3.6% | |
| 7 | Arizona | 20 | $18.8M | 2.9% | |
| 8 | Ohio | 20 | $17.8M | 2.9% | |
| 9 | Georgia | 19 | $14.5M | 2.7% | |
| 10 | Michigan | 18 | $20.8M | 2.6% | |
| 11 | Colorado | 16 | $13.1M | 2.3% | |
| 12 | Kansas | 14 | $10.9M | 2.0% |
In Wisconsin the lender accounts for 2.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (329 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Waukesha County, WI | 42 | $20.6M | 6.0% | |
| 2 | Harris County, TX | 14 | $15.6M | 2.0% | |
| 3 | Washington County, WI | 14 | $10.2M | 2.0% | |
| 4 | Maricopa County, AZ | 11 | $9.7M | 1.6% | |
| 5 | Dane County, WI | 11 | $5.7M | 1.6% | |
| 6 | Dallas County, TX | 9 | $7.0M | 1.3% | |
| 7 | Hillsborough County, FL | 8 | $10.3M | 1.2% | |
| 8 | Jefferson County, WI | 8 | $7.3M | 1.2% | |
| 9 | Cook County, IL | 8 | $4.6M | 1.2% | |
| 10 | Milwaukee County, WI | 8 | $3.9M | 1.2% | |
| 11 | Pasco County, FL | 7 | $13.1M | 1.0% | |
| 12 | Polk County, FL | 7 | $8.5M | 1.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Real Estate and Rental and Leasing | 167 | 24.0% | |
| 2 | Health Care and Social Assistance | 150 | 21.6% | |
| 3 | Accommodation and Food Services | 148 | 21.3% | |
| 4 | Arts, Entertainment, and Recreation | 38 | 5.5% | |
| 5 | Retail Trade | 37 | 5.3% | |
| 6 | Other Services (except Public Administration) | 28 | 4.0% | |
| 7 | Manufacturing | 26 | 3.7% | |
| 8 | Transportation and Warehousing | 22 | 3.2% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Lessors of Real EstateNAICS 5311 | 165 | 23.7% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 123 | 17.7% | |
| 3 | Child Day Care ServicesNAICS 6244 | 58 | 8.3% | |
| 4 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 36 | 5.2% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 34 | 4.9% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 33 | 4.7% | |
| 7 | Warehousing and StorageNAICS 4931 | 18 | 2.6% | |
| 8 | Other Schools and InstructionNAICS 6116 | 13 | 1.9% | |
| 9 | RV (Recreational Vehicle) Parks and Recreational CampsNAICS 7212 | 12 | 1.7% | |
| 10 | Personal Care ServicesNAICS 8121 | 10 | 1.4% |
Approval sizes
- $50,000 or less1.0%7
- $50,001 to $150,00015.8%110
- $150,001 to $350,00026.3%183
- $350,001 to $1 million30.4%211
- $1 million to $2 million13.8%96
- Over $2 million12.7%88
Loan terms
- 5 years or less0.3%2
- Over 5 to 10 years53.7%373
- Over 10 to 20 years7.9%55
- Over 20 years38.1%265
Age of the businesses
- Existing, more than 2 years old21.6%150
- New business, 2 years or less7.2%50
- Startup, loan funds will open the business57.1%397
- Change of ownership13.8%96
- Not answered0.3%2
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 599 | 86.2% | |
| 2 | 7a General | 82 | 11.8% | |
| 3 | International Trade Loans | 6 | 0.9% | |
| 4 | Working Capital CAPLine | 4 | 0.6% | |
| 5 | SBA Express Program | 4 | 0.6% |
Franchise share
265 of 695 approvals in FY2021–FY2025 (38.1%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Culver's ButterBurgers & Frozen Custard | 39 | 5.6% | |
| 2 | Kiddie Academy | 25 | 3.6% | |
| 3 | Success On The Spectrum | 22 | 3.2% | |
| 4 | Primrose Schools | 15 | 2.2% | |
| 5 | The Goddard School | 14 | 2.0% | |
| 6 | HTeaO | 11 | 1.6% | |
| 7 | Units | 9 | 1.3% | |
| 8 | Pinnacle Montessori | 7 | 1.0% |
Questions and answers
How many SBA loans does Bank Five Nine make?
SBA approved 192 7(a) loans through Bank Five Nine in FY2025, worth $135M, and 695 over FY2021 to FY2025. That ranks 51st of 2,184 active 7(a) lenders by number of approvals.
How large are Bank Five Nine's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $450K and the average $881K. The program-wide median was $190K.
What is Bank Five Nine's charge-off rate?
Of 1,763 disbursed loans approved in FY2010 to FY2021, SBA records 80 as charged off (4.5%), 1,467 as paid in full and 216 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Bank Five Nine lend to most?
By number of approvals in FY2021 to FY2025: lessors of real estate (165); restaurants and other eating places (123); child day care services (58); continuing care retirement communities and assisted living facilities for the elderly (36).
Where does Bank Five Nine make SBA loans?
In 46 states and territories. Wisconsin 123, Texas 105, Florida 62, California 45, North Carolina 29. In Wisconsin it accounts for 2.2% of all 7(a) approvals.
Is Bank Five Nine's SBA lending rising?
Approvals in the three latest complete fiscal years total 448, against 325 in the three before: rising (+38%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error