Lenders › Waukesha State Bank
7(a) lenderWaukesha, WisconsinFDIC-insured bank262nd of 2,184 by approvals
Waukesha State Bank
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.
Waukesha State Bank (Waukesha, Wisconsin) is an FDIC-insured bank in the SBA 7(a) program, 262nd of 2,184 by approvals in FY2021 to FY2025: 133 loans worth $89.2M.
In FY2025, the latest complete fiscal year, it had 22 approvals totalling $13.3M, up 100% on FY2024 (11). FY2026 to 30 Jun 2026 adds 10 more.
The median approval was $450K, against $190K for the 7(a) program as a whole; 15.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 4 states and territories and 15 counties, led by Wisconsin (97.7%), Utah (0.8%) and Florida (0.8%). The largest industry group was accommodation and food services at 18.0% of approvals, and 20.3% of approvals were to franchise businesses.
Of 365 disbursed loans approved in FY2010 to FY2021, SBA records 25 as charged off (6.8%), 262 as paid in full and 78 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to 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* | 10 | $10.5M | $796K | $1.1M | 22 |
| FY2025 | 22 | $13.3M | $500K | $603K | 371 |
| FY2024 | 11 | $5.6M | $500K | $509K | 205 |
| FY2023 | 23 | $16.8M | $450K | $731K | 166 |
| FY2022 | 32 | $24.2M | $440K | $757K | 392 |
| FY2021 | 45 | $29.4M | $320K | $652K | 703 |
| FY2020 | 37 | $15.6M | $290K | $420K | 363 |
| FY2019 | 38 | $15.0M | $273K | $394K | 483 |
| FY2018 | 26 | $10.0M | $241K | $385K | 356 |
| FY2017 | 32 | $15.9M | $345K | $495K | 473 |
| FY2016 | 33 | $8.0M | $150K | $242K | 461 |
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 166 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 | 391 | 16,853 | 639,905 |
| Cancelled or never disbursed | 26 | 1,983 | 79,313 |
| Disbursed loans | 365 | 14,870 | 560,592 |
| Paid in full | 262 | 12,167 | 435,813 |
| Charged off | 25 | 736 | 36,891 |
| Still outstanding (status exempt from disclosure) | 78 | 1,967 | 87,888 |
| Charged off, share of disbursed loans | 6.8% | 4.9% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.5% | 2.6% | 2.5% |
| Dollars charged off | $3.7M | $143M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 40 | 15 | 2 | 5.0% | 2.8% |
| FY2020 | 30 | 14 | 0 | 0.0% | 4.0% |
| FY2019 | 37 | 19 | 3 | 8.1% | 6.7% |
| FY2018 | 26 | 13 | 3 | — | 7.9% |
| FY2017 | 31 | 19 | 3 | 9.7% | 7.7% |
| FY2016 | 31 | 28 | 3 | 9.7% | 7.2% |
| FY2015 | 33 | 27 | 3 | 9.1% | 6.9% |
| FY2014 | 41 | 41 | 0 | 0.0% | 6.4% |
| FY2013 | 31 | 27 | 3 | 9.7% | 6.0% |
| FY2012 | 27 | 25 | 2 | — | 6.3% |
| FY2011 | 24 | 23 | 0 | — | 6.9% |
| FY2010 | 14 | 11 | 3 | — | 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 | $671K | $518K |
| Approvals of $150,000 or less | 15.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 45.9% | 34.3% |
| Approvals to franchise businesses | 20.3% | 11.5% |
| Jobs supported per approval, as reported | 13.8 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.8% | 6.6% |
States served
| # | State of the business (4 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Wisconsin | 130 | $86.9M | 97.7% | |
| 2 | Utah | 1 | — | 0.8% | |
| 3 | Florida | 1 | — | 0.8% | |
| 4 | Ohio | 1 | — | 0.8% |
In Wisconsin the lender accounts for 2.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (15 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Waukesha County, WI | 67 | $44.5M | 50.4% | |
| 2 | Milwaukee County, WI | 32 | $22.0M | 24.1% | |
| 3 | Ozaukee County, WI | 6 | $7.3M | 4.5% | |
| 4 | Washington County, WI | 6 | $2.9M | 4.5% | |
| 5 | Racine County, WI | 5 | $2.6M | 3.8% | |
| 6 | Jefferson County, WI | 4 | $3.2M | 3.0% | |
| 7 | Walworth County, WI | 4 | $2.1M | 3.0% | |
| 8 | Dodge County, WI | 2 | — | 1.5% | |
| 9 | Utah County, UT | 1 | — | 0.8% | |
| 10 | Lee County, FL | 1 | — | 0.8% | |
| 11 | Sheboygan County, WI | 1 | — | 0.8% | |
| 12 | Manitowoc County, WI | 1 | — | 0.8% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 24 | 18.0% | |
| 2 | Other Services (except Public Administration) | 18 | 13.5% | |
| 3 | Transportation and Warehousing | 14 | 10.5% | |
| 4 | Construction | 12 | 9.0% | |
| 5 | Professional, Scientific, and Technical Services | 12 | 9.0% | |
| 6 | Manufacturing | 12 | 9.0% | |
| 7 | Retail Trade | 12 | 9.0% | |
| 8 | Health Care and Social Assistance | 8 | 6.0% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 14 | 10.5% | |
| 2 | General Freight TruckingNAICS 4841 | 10 | 7.5% | |
| 3 | Other Personal ServicesNAICS 8129 | 8 | 6.0% | |
| 4 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 7 | 5.3% | |
| 5 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 5 | 3.8% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 4 | 3.0% | |
| 7 | Other Schools and InstructionNAICS 6116 | 4 | 3.0% | |
| 8 | Other Fabricated Metal Product ManufacturingNAICS 3329 | 4 | 3.0% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 4 | 3.0% | |
| 10 | Death Care ServicesNAICS 8122 | 3 | 2.3% |
Approval sizes
- $50,000 or less0.8%1
- $50,001 to $150,00014.3%19
- $150,001 to $350,00026.3%35
- $350,001 to $1 million40.6%54
- $1 million to $2 million13.5%18
- Over $2 million4.5%6
Loan terms
- 5 years or less4.5%6
- Over 5 to 10 years56.4%75
- Over 10 to 20 years24.8%33
- Over 20 years14.3%19
Age of the businesses
- Existing, more than 2 years old36.8%49
- New business, 2 years or less18.0%24
- Startup, loan funds will open the business27.8%37
- Change of ownership17.3%23
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 116 | 87.2% | |
| 2 | 7a General | 6 | 4.5% | |
| 3 | SBA Express Program | 4 | 3.0% | |
| 4 | Working Capital CAPLine | 3 | 2.3% | |
| 5 | 7(a) WCP | 3 | 2.3% | |
| 6 | Contract CAPLine | 1 | 0.8% |
Franchise share
27 of 133 approvals in FY2021–FY2025 (20.3%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Central Bark Doggy Day Care | 6 | 4.5% | |
| 2 | Rosati's Pizza | 2 | 1.5% | |
| 3 | Piggly Wiggly | 2 | 1.5% | |
| 4 | 1-800 Water Damage | 2 | 1.5% | |
| 5 | U.S. Oil | 1 | 0.8% | |
| 6 | World Fuel Services Inc. aka Lakeside Oil | 1 | 0.8% | |
| 7 | World Fuel Services Inc. | 1 | 0.8% | |
| 8 | Swimtastic Swim School | 1 | 0.8% |
Questions and answers
How many SBA loans does Waukesha State Bank make?
SBA approved 22 7(a) loans through Waukesha State Bank in FY2025, worth $13.3M, and 133 over FY2021 to FY2025. That ranks 262nd of 2,184 active 7(a) lenders by number of approvals.
How large are Waukesha State Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $450K and the average $671K. The program-wide median was $190K.
What is Waukesha State Bank's charge-off rate?
Of 365 disbursed loans approved in FY2010 to FY2021, SBA records 25 as charged off (6.8%), 262 as paid in full and 78 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to 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 Waukesha State Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (14); general freight trucking (10); other personal services (8); drinking places (alcoholic beverages) (7).
Where does Waukesha State Bank make SBA loans?
In 4 states and territories. Wisconsin 130, Utah 1, Florida 1, Ohio 1. In Wisconsin it accounts for 2.4% of all 7(a) approvals.
Is Waukesha State Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 56, against 114 in the three before: falling (-51%).
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