Lenders › Wisconsin Women's Business Initiative Corporation
7(a) lenderMilwaukee, Wisconsinnon-bank 7(a) lender227th of 2,184 by approvals
Wisconsin Women's Business Initiative Corporation
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.
Wisconsin Women's Business Initiative Corporation (Milwaukee, Wisconsin) is a non-bank 7(a) lender in the SBA 7(a) program, 227th of 2,184 by approvals in FY2021 to FY2025: 164 loans worth $26.4M.
In FY2025, the latest complete fiscal year, it had 37 approvals totalling $5.6M, about level with FY2024 (40). FY2026 to 30 Jun 2026 adds 15 more.
The median approval was $150K, against $190K for the 7(a) program as a whole; 61.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 1 state or territory and 25 counties, led by Wisconsin (100.0%). The largest industry group was accommodation and food services at 22.6% of approvals, and 3.7% of approvals were to franchise businesses.
Of 219 disbursed loans approved in FY2010 to FY2021, SBA records 8 as charged off (3.7%), 163 as paid in full and 48 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* | 15 | $2.0M | $150K | $136K | 43 |
| FY2025 | 37 | $5.6M | $130K | $153K | 157 |
| FY2024 | 40 | $6.6M | $150K | $164K | 372 |
| FY2023 | 37 | $5.9M | $150K | $160K | 266 |
| FY2022 | 24 | $3.8M | $150K | $160K | 186 |
| FY2021 | 26 | $4.5M | $160K | $173K | 144 |
| FY2020 | 11 | $1.8M | $150K | $165K | 95 |
| FY2019 | 32 | $4.2M | $130K | $131K | 236 |
| FY2018 | 35 | $3.7M | $105K | $105K | 231 |
| FY2017 | 34 | $3.7M | $100K | $110K | 187 |
| FY2016 | 44 | $3.9M | $81K | $89K | 284 |
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 156 approvals. First approval on file: FY2013.
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 | 240 | 16,853 | 639,905 |
| Cancelled or never disbursed | 21 | 1,983 | 79,313 |
| Disbursed loans | 219 | 14,870 | 560,592 |
| Paid in full | 163 | 12,167 | 435,813 |
| Charged off | 8 | 736 | 36,891 |
| Still outstanding (status exempt from disclosure) | 48 | 1,967 | 87,888 |
| Charged off, share of disbursed loans | 3.7% | 4.9% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.7% | 2.6% | 2.5% |
| Dollars charged off | $661K | $143M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 22 | 9 | 0 | — | 2.8% |
| FY2020 | 9 | 4 | 1 | — | 4.0% |
| FY2019 | 31 | 19 | 1 | 3.2% | 6.7% |
| FY2018 | 30 | 18 | 0 | 0.0% | 7.9% |
| FY2017 | 33 | 29 | 1 | 3.0% | 7.7% |
| FY2016 | 40 | 33 | 4 | 10.0% | 7.2% |
| FY2015 | 45 | 43 | 0 | 0.0% | 6.9% |
| FY2014 | 6 | 5 | 1 | — | 6.4% |
| FY2013 | 3 | 3 | 0 | — | 6.0% |
| FY2012 | 0 | 0 | 0 | — | 6.3% |
| FY2011 | 0 | 0 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 0 | — | 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 | $150K | $190K |
| Average approval | $161K | $518K |
| Approvals of $150,000 or less | 61.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 67.7% | 34.3% |
| Approvals to franchise businesses | 3.7% | 11.5% |
| Jobs supported per approval, as reported | 6.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 3.7% | 6.6% |
States served
| # | State of the business (1 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Wisconsin | 164 | $26.4M | 100.0% |
In Wisconsin the lender accounts for 3.0% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (25 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Milwaukee County, WI | 67 | $10.8M | 40.9% | |
| 2 | Dane County, WI | 22 | $4.0M | 13.4% | |
| 3 | Waukesha County, WI | 20 | $3.4M | 12.2% | |
| 4 | Outagamie County, WI | 6 | $1.1M | 3.7% | |
| 5 | Brown County, WI | 6 | $1.0M | 3.7% | |
| 6 | La Crosse County, WI | 5 | $745K | 3.0% | |
| 7 | Rock County, WI | 5 | $645K | 3.0% | |
| 8 | Kenosha County, WI | 5 | $640K | 3.0% | |
| 9 | Racine County, WI | 4 | $760K | 2.4% | |
| 10 | Walworth County, WI | 3 | $310K | 1.8% | |
| 11 | Columbia County, WI | 2 | — | 1.2% | |
| 12 | Fond du Lac County, WI | 2 | — | 1.2% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 37 | 22.6% | |
| 2 | Health Care and Social Assistance | 26 | 15.9% | |
| 3 | Other Services (except Public Administration) | 26 | 15.9% | |
| 4 | Manufacturing | 16 | 9.8% | |
| 5 | Retail Trade | 13 | 7.9% | |
| 6 | Arts, Entertainment, and Recreation | 10 | 6.1% | |
| 7 | Construction | 9 | 5.5% | |
| 8 | Transportation and Warehousing | 9 | 5.5% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 21 | 12.8% | |
| 2 | Personal Care ServicesNAICS 8121 | 16 | 9.8% | |
| 3 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 8 | 4.9% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 8 | 4.9% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 8 | 4.9% | |
| 6 | Special Food ServicesNAICS 7223 | 8 | 4.9% | |
| 7 | Child Day Care ServicesNAICS 6244 | 7 | 4.3% | |
| 8 | Other Personal ServicesNAICS 8129 | 7 | 4.3% | |
| 9 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 6 | 3.7% | |
| 10 | Beverage ManufacturingNAICS 3121 | 5 | 3.0% |
Approval sizes
- $50,000 or less3.7%6
- $50,001 to $150,00057.3%94
- $150,001 to $350,00039.0%64
Loan terms
- 5 years or less1.2%2
- Over 5 to 10 years98.8%162
Age of the businesses
- Existing, more than 2 years old26.2%43
- New business, 2 years or less25.0%41
- Startup, loan funds will open the business42.7%70
- Change of ownership5.5%9
- Not answered0.6%1
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Community Advantage Initiative | 87 | 53.0% | |
| 2 | 7a General | 77 | 47.0% |
Franchise share
6 of 164 approvals in FY2021–FY2025 (3.7%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Fleet Clean | 1 | 0.6% | |
| 2 | Elitea | 1 | 0.6% | |
| 3 | Planet Smoothie | 1 | 0.6% | |
| 4 | IV Nutrition | 1 | 0.6% | |
| 5 | SYNERGY HomeCare | 1 | 0.6% | |
| 6 | Color Glo | 1 | 0.6% |
Questions and answers
How many SBA loans does Wisconsin Women's Business Initiative Corporation make?
SBA approved 37 7(a) loans through Wisconsin Women's Business Initiative Corporation in FY2025, worth $5.6M, and 164 over FY2021 to FY2025. That ranks 227th of 2,184 active 7(a) lenders by number of approvals.
How large are Wisconsin Women's Business Initiative Corporation's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $150K and the average $161K. The program-wide median was $190K.
What is Wisconsin Women's Business Initiative Corporation's charge-off rate?
Of 219 disbursed loans approved in FY2010 to FY2021, SBA records 8 as charged off (3.7%), 163 as paid in full and 48 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 Wisconsin Women's Business Initiative Corporation lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (21); personal care services (16); drinking places (alcoholic beverages) (8); offices of other health practitioners (8).
Where does Wisconsin Women's Business Initiative Corporation make SBA loans?
In 1 state or territory. Wisconsin 164. In Wisconsin it accounts for 3.0% of all 7(a) approvals.
Is Wisconsin Women's Business Initiative Corporation's SBA lending rising?
Approvals in the three latest complete fiscal years total 114, against 61 in the three before: rising (+87%).
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