FY20181 Oct 2017 – 30 Sep 2018
SBA loans in Wisconsin, FY2018
That fiscal year's approvals by lender and by county.
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.
In FY2018 (1 October 2017 to 30 September 2018) SBA approved 1,427 loans in Wisconsin: 1,277 under 7(a) and 150 under 504, worth $627M.
That is about level with FY2017, when there were 1,503 approvals worth $651M.
Wisconsin accounted for 2.2% of the 66,228 approvals nationwide that year. 142 lenders had at least one approval in the state; WBD, Inc. had the most, 138.
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.
Approvals by lender
The 40 lenders with the most approvals to Wisconsin businesses in FY2018, of 142 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|---|
| 1 | WBD, Inc. | 504 | 138 | $108M | 9.7% | 167 | -29 |
| 2 | The Huntington National Bank | 7(a) | 101 | $30.2M | 7.1% | 75 | +26 |
| 3 | Summit CU | 7(a) | 88 | $24.4M | 6.2% | 102 | -14 |
| 4 | U.S. Bank, National Association | 7(a) | 83 | $27.7M | 5.8% | 68 | +15 |
| 5 | Associated Bank National Association | 7(a) | 80 | $5.6M | 5.6% | 34 | +46 |
| 6 | Byline Bank | 7(a) | 74 | $80.7M | 5.2% | 67 | +7 |
| 7 | Bank Five Nine | 7(a) | 71 | $39.3M | 5.0% | 111 | -40 |
| 8 | Bank First, N.A. | 7(a) | 52 | $26.8M | 3.6% | 43 | +9 |
| 9 | Nicolet National Bank | 7(a) | 44 | $10.2M | 3.1% | 48 | -4 |
| 10 | Wisconsin Women's Business Initiative Corporation | 7(a) | 35 | $3.7M | 2.5% | 34 | +1 |
| 11 | Wells Fargo Bank National Association | 7(a) | 30 | $15.6M | 2.1% | 51 | -21 |
| 12 | Community State Bank | 7(a) | 27 | $3.0M | 1.9% | 26 | +1 |
| 13 | Hiawatha National Bank | 7(a) | 26 | $14.5M | 1.8% | 12 | +14 |
| 14 | Waukesha State Bank | 7(a) | 26 | $10.0M | 1.8% | 32 | -6 |
| 15 | IncredibleBank | 7(a) | 23 | $6.0M | 1.6% | 25 | -2 |
| 16 | JPMorgan Chase Bank, National Association | 7(a) | 23 | $4.4M | 1.6% | 34 | -11 |
| 17 | BMO Bank National Association | 7(a) | 20 | $16.7M | 1.4% | 28 | -8 |
| 18 | Forward Bank | 7(a) | 15 | $3.8M | 1.1% | 14 | +1 |
| 19 | UMB Bank, National Association | 7(a) | 13 | $9.9M | 0.9% | 8 | +5 |
| 20 | Park Bank National Association | 7(a) | 13 | $2.9M | 0.9% | 9 | +4 |
| 21 | American National Bank-Fox Cities | 7(a) | 12 | $3.3M | 0.8% | 16 | -4 |
| 22 | Independence Bank | 7(a) | 12 | $1.4M | 0.8% | 5 | +7 |
| 23 | Northeast Bank | 7(a) | 12 | $1.4M | 0.8% | 10 | +2 |
| 24 | Lake Ridge Bank | 7(a) | 12 | $1.3M | 0.8% | 14 | -2 |
| 25 | Newtek Small Business Finance, Inc. | 7(a) | 11 | $8.3M | 0.8% | 7 | +4 |
| 26 | CCFBank National Association | 7(a) | 11 | $8.1M | 0.8% | 18 | -7 |
| 27 | Old National Bank | 7(a) | 11 | $3.5M | 0.8% | 22 | -11 |
| 28 | First Business Bank | 7(a) | 10 | $11.7M | 0.7% | 6 | +4 |
| 29 | National Exchange Bank and Trust | 7(a) | 10 | $4.7M | 0.7% | 7 | +3 |
| 30 | Stearns Bank National Association | 7(a) | 10 | $4.3M | 0.7% | 9 | +1 |
| 31 | Fox Communities CU | 7(a) | 10 | $1.9M | 0.7% | 7 | +3 |
| 32 | Celtic Bank Corporation | 7(a) | 10 | $1.0M | 0.7% | 13 | -3 |
| 33 | Citizens Bank | 7(a) | 9 | $2.6M | 0.6% | 6 | +3 |
| 34 | Northeast Entrepreneur Fund, Inc. | 7(a) | 9 | $1.4M | 0.6% | 3 | +6 |
| 35 | United Midwest Savings Bank National Association | 7(a) | 8 | $1.9M | 0.6% | 1 | +7 |
| 36 | BayFirst National Bank | 7(a) | 8 | $1.4M | 0.6% | 6 | +2 |
| 37 | Bank of Sun Prairie | 7(a) | 8 | $1.1M | 0.6% | 3 | +5 |
| 38 | Live Oak Banking Company | 7(a) | 7 | $8.1M | 0.5% | 14 | -7 |
| 39 | Racine County Economic Development Corporation | 504 | 7 | $3.8M | 0.5% | 14 | -7 |
| 40 | Educators Credit Union | 7(a) | 7 | $1.2M | 0.5% | 5 | +2 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2017 | Change |
|---|---|---|---|---|---|---|
| 1 | Milwaukee County | 182 | $82.7M | 12.8% | 201 | -19 |
| 2 | Dane County | 157 | $61.0M | 11.0% | 176 | -19 |
| 3 | Waukesha County | 130 | $62.1M | 9.1% | 180 | -50 |
| 4 | Outagamie County | 83 | $30.9M | 5.8% | 61 | +22 |
| 5 | Brown County | 66 | $27.6M | 4.6% | 77 | -11 |
| 6 | St. Croix County | 57 | $19.4M | 4.0% | 38 | +19 |
| 7 | Racine County | 56 | $21.4M | 3.9% | 56 | 0 |
| 8 | Ozaukee County | 49 | $23.2M | 3.4% | 36 | +13 |
| 9 | Washington County | 46 | $24.5M | 3.2% | 56 | -10 |
| 10 | Kenosha County | 41 | $11.1M | 2.9% | 42 | -1 |
| 11 | Winnebago County | 35 | $8.5M | 2.5% | 27 | +8 |
| 12 | Marathon County | 35 | $20.5M | 2.5% | 35 | 0 |
| 13 | La Crosse County | 28 | $7.7M | 2.0% | 45 | -17 |
| 14 | Walworth County | 27 | $16.6M | 1.9% | 27 | 0 |
| 15 | Fond du Lac County | 27 | $17.6M | 1.9% | 19 | +8 |
| 16 | Sheboygan County | 23 | $12.6M | 1.6% | 33 | -10 |
| 17 | Manitowoc County | 21 | $12.7M | 1.5% | 17 | +4 |
| 18 | Rock County | 21 | $11.2M | 1.5% | 10 | +11 |
| 19 | Jefferson County | 21 | $7.1M | 1.5% | 22 | -1 |
| 20 | Columbia County | 21 | $14.0M | 1.5% | 31 | -10 |
| 21 | Eau Claire County | 20 | $3.2M | 1.4% | 32 | -12 |
| 22 | Oneida County | 19 | $6.4M | 1.3% | 10 | +9 |
| 23 | Polk County | 18 | $8.3M | 1.3% | 14 | +4 |
| 24 | Dodge County | 16 | $13.1M | 1.1% | 16 | 0 |
| 25 | Waupaca County | 15 | $9.5M | 1.1% | 8 | +7 |
| 26 | Douglas County | 13 | $2.1M | 0.9% | 9 | +4 |
| 27 | Monroe County | 12 | $3.5M | 0.8% | 15 | -3 |
| 28 | Calumet County | 12 | $9.5M | 0.8% | 4 | +8 |
| 29 | Chippewa County | 11 | $7.3M | 0.8% | 11 | 0 |
| 30 | Portage County | 11 | $2.6M | 0.8% | 11 | 0 |
| 31 | Wood County | 10 | $2.6M | 0.7% | 10 | 0 |
| 32 | Sauk County | 10 | $3.8M | 0.7% | 13 | -3 |
| 33 | Pierce County | 9 | $10.6M | 0.6% | 8 | +1 |
| 34 | Juneau County | 9 | $1.9M | 0.6% | 11 | -2 |
| 35 | Dunn County | 8 | $2.8M | 0.6% | 7 | +1 |
| 36 | Door County | 8 | $6.9M | 0.6% | 19 | -11 |
| 37 | Clark County | 8 | $2.4M | 0.6% | 4 | +4 |
| 38 | Marinette County | 7 | $6.2M | 0.5% | 8 | -1 |
| 39 | Waushara County | 7 | $3.4M | 0.5% | 3 | +4 |
| 40 | Oconto County | 7 | $1.2M | 0.5% | 12 | -5 |
The 40 counties with the most approvals; every county is on the Wisconsin page.
FY2018 against FY2017
| Wisconsin | FY2018 | FY2017 |
|---|---|---|
| 7(a) approvals | 1,277 | 1,312 |
| 7(a) dollars | $511M | $500M |
| Median 7(a) approval | $125K | $150K |
| 504 approvals | 150 | 191 |
| 504 dollars | $116M | $150M |
| Jobs supported, as reported | 14,128 | 14,968 |
Questions and answers
Which lenders made the most SBA loans in Wisconsin in FY2018?
WBD, Inc. (138), The Huntington National Bank (101), Summit CU (88), U.S. Bank, National Association (83), Associated Bank National Association (80). 142 lenders had at least one approval.
How many SBA loans were approved in Wisconsin in FY2018?
1,427: 1,277 under 7(a) worth $511M and 150 under 504 worth $116M.
Which Wisconsin counties had the most SBA approvals in FY2018?
Milwaukee County (182), Dane County (157), Waukesha County (130), Outagamie County (83), Brown County (66).
When does FY2018 start and end?
The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.
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