FY20191 Oct 2018 – 30 Sep 2019
SBA loans in Wisconsin, FY2019
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 FY2019 (1 October 2018 to 30 September 2019) SBA approved 1,249 loans in Wisconsin: 1,074 under 7(a) and 175 under 504, worth $562M.
That is down 12% on FY2018, when there were 1,427 approvals worth $627M.
Wisconsin accounted for 2.2% of the 58,006 approvals nationwide that year. 140 lenders had at least one approval in the state; WBD, Inc. had the most, 155.
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 FY2019, of 140 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|---|
| 1 | WBD, Inc. | 504 | 155 | $113M | 12.4% | 138 | +17 |
| 2 | Summit CU | 7(a) | 86 | $18.3M | 6.9% | 88 | -2 |
| 3 | The Huntington National Bank | 7(a) | 80 | $32.9M | 6.4% | 101 | -21 |
| 4 | Byline Bank | 7(a) | 75 | $81.7M | 6.0% | 74 | +1 |
| 5 | U.S. Bank, National Association | 7(a) | 75 | $11.4M | 6.0% | 83 | -8 |
| 6 | Associated Bank National Association | 7(a) | 51 | $3.9M | 4.1% | 80 | -29 |
| 7 | Nicolet National Bank | 7(a) | 45 | $12.6M | 3.6% | 44 | +1 |
| 8 | Waukesha State Bank | 7(a) | 35 | $14.2M | 2.8% | 26 | +9 |
| 9 | Bank Five Nine | 7(a) | 34 | $14.9M | 2.7% | 71 | -37 |
| 10 | Wisconsin Women's Business Initiative Corporation | 7(a) | 32 | $4.2M | 2.6% | 35 | -3 |
| 11 | IncredibleBank | 7(a) | 23 | $18.1M | 1.8% | 23 | 0 |
| 12 | Lake Ridge Bank | 7(a) | 23 | $5.3M | 1.8% | 12 | +11 |
| 13 | Community State Bank | 7(a) | 23 | $1.9M | 1.8% | 27 | -4 |
| 14 | Wells Fargo Bank National Association | 7(a) | 18 | $5.6M | 1.4% | 30 | -12 |
| 15 | Bank First, N.A. | 7(a) | 16 | $4.2M | 1.3% | 52 | -36 |
| 16 | JPMorgan Chase Bank, National Association | 7(a) | 15 | $5.9M | 1.2% | 23 | -8 |
| 17 | BMO Bank National Association | 7(a) | 14 | $8.4M | 1.1% | 20 | -6 |
| 18 | BayFirst National Bank | 7(a) | 14 | $2.6M | 1.1% | 8 | +6 |
| 19 | UMB Bank, National Association | 7(a) | 13 | $13.2M | 1.0% | 13 | 0 |
| 20 | Hiawatha National Bank | 7(a) | 12 | $2.2M | 1.0% | 26 | -14 |
| 21 | Northeast Bank | 7(a) | 12 | $1.7M | 1.0% | 12 | 0 |
| 22 | Forward Bank | 7(a) | 12 | $1.5M | 1.0% | 15 | -3 |
| 23 | Park Bank National Association | 7(a) | 11 | $3.2M | 0.9% | 13 | -2 |
| 24 | Racine County Economic Development Corporation | 504 | 10 | $14.0M | 0.8% | 7 | +3 |
| 25 | First Business Bank | 7(a) | 10 | $8.0M | 0.8% | 10 | 0 |
| 26 | Newtek Small Business Finance, Inc. | 7(a) | 10 | $3.9M | 0.8% | 11 | -1 |
| 27 | American National Bank-Fox Cities | 7(a) | 10 | $1.4M | 0.8% | 12 | -2 |
| 28 | Northeast Entrepreneur Fund, Inc. | 7(a) | 10 | $1.3M | 0.8% | 9 | +1 |
| 29 | Fox Communities CU | 7(a) | 10 | $1.2M | 0.8% | 10 | 0 |
| 30 | Live Oak Banking Company | 7(a) | 9 | $14.7M | 0.7% | 7 | +2 |
| 31 | One Community Bank | 7(a) | 9 | $8.0M | 0.7% | 6 | +3 |
| 32 | Old National Bank | 7(a) | 9 | $3.7M | 0.7% | 11 | -2 |
| 33 | Citizens Bank | 7(a) | 9 | $2.8M | 0.7% | 9 | 0 |
| 34 | Stearns Bank National Association | 7(a) | 9 | $2.5M | 0.7% | 10 | -1 |
| 35 | State Bank Financial | 7(a) | 9 | $1.1M | 0.7% | 6 | +3 |
| 36 | CCFBank National Association | 7(a) | 8 | $2.0M | 0.6% | 11 | -3 |
| 37 | United Midwest Savings Bank National Association | 7(a) | 8 | $1.2M | 0.6% | 8 | 0 |
| 38 | Landmark Credit Union | 7(a) | 8 | $301K | 0.6% | 5 | +3 |
| 39 | Celtic Bank Corporation | 7(a) | 7 | $2.6M | 0.6% | 10 | -3 |
| 40 | Independence Bank | 7(a) | 7 | $1.1M | 0.6% | 12 | -5 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2018 | Change |
|---|---|---|---|---|---|---|
| 1 | Dane County | 177 | $77.2M | 14.2% | 157 | +20 |
| 2 | Waukesha County | 170 | $91.8M | 13.6% | 130 | +40 |
| 3 | Milwaukee County | 158 | $87.5M | 12.7% | 182 | -24 |
| 4 | Brown County | 53 | $23.6M | 4.2% | 66 | -13 |
| 5 | Outagamie County | 48 | $22.7M | 3.8% | 83 | -35 |
| 6 | Racine County | 46 | $20.3M | 3.7% | 56 | -10 |
| 7 | Winnebago County | 45 | $26.9M | 3.6% | 35 | +10 |
| 8 | St. Croix County | 37 | $11.3M | 3.0% | 57 | -20 |
| 9 | La Crosse County | 37 | $13.4M | 3.0% | 28 | +9 |
| 10 | Washington County | 36 | $14.2M | 2.9% | 46 | -10 |
| 11 | Sheboygan County | 30 | $13.8M | 2.4% | 23 | +7 |
| 12 | Kenosha County | 26 | $14.3M | 2.1% | 41 | -15 |
| 13 | Walworth County | 24 | $7.5M | 1.9% | 27 | -3 |
| 14 | Marathon County | 24 | $14.0M | 1.9% | 35 | -11 |
| 15 | Ozaukee County | 20 | $7.4M | 1.6% | 49 | -29 |
| 16 | Eau Claire County | 20 | $9.4M | 1.6% | 20 | 0 |
| 17 | Manitowoc County | 17 | $7.5M | 1.4% | 21 | -4 |
| 18 | Jefferson County | 17 | $4.2M | 1.4% | 21 | -4 |
| 19 | Fond du Lac County | 16 | $6.9M | 1.3% | 27 | -11 |
| 20 | Rock County | 15 | $6.7M | 1.2% | 21 | -6 |
| 21 | Polk County | 15 | $6.6M | 1.2% | 18 | -3 |
| 22 | Douglas County | 15 | $3.7M | 1.2% | 13 | +2 |
| 23 | Chippewa County | 12 | $5.6M | 1.0% | 11 | +1 |
| 24 | Portage County | 12 | $6.2M | 1.0% | 11 | +1 |
| 25 | Wood County | 11 | $1.1M | 0.9% | 10 | +1 |
| 26 | Monroe County | 10 | $828K | 0.8% | 12 | -2 |
| 27 | Dunn County | 9 | $3.1M | 0.7% | 8 | +1 |
| 28 | Oconto County | 9 | $733K | 0.7% | 7 | +2 |
| 29 | Door County | 8 | $1.2M | 0.6% | 8 | 0 |
| 30 | Vilas County | 8 | $5.9M | 0.6% | 3 | +5 |
| 31 | Oneida County | 8 | $3.9M | 0.6% | 19 | -11 |
| 32 | Sauk County | 8 | $3.3M | 0.6% | 10 | -2 |
| 33 | Marinette County | 7 | $3.4M | 0.6% | 7 | 0 |
| 34 | Waupaca County | 7 | $4.6M | 0.6% | 15 | -8 |
| 35 | Columbia County | 7 | $909K | 0.6% | 21 | -14 |
| 36 | Crawford County | 7 | $2.3M | 0.6% | 3 | +4 |
| 37 | Pierce County | 6 | $4.7M | 0.5% | 9 | -3 |
| 38 | Dodge County | 6 | $2.7M | 0.5% | 16 | -10 |
| 39 | Sawyer County | 6 | $735K | 0.5% | 3 | +3 |
| 40 | Green County | 4 | $2.5M | 0.3% | 3 | +1 |
The 40 counties with the most approvals; every county is on the Wisconsin page.
FY2019 against FY2018
| Wisconsin | FY2019 | FY2018 |
|---|---|---|
| 7(a) approvals | 1,074 | 1,277 |
| 7(a) dollars | $426M | $511M |
| Median 7(a) approval | $150K | $125K |
| 504 approvals | 175 | 150 |
| 504 dollars | $136M | $116M |
| Jobs supported, as reported | 13,131 | 14,128 |
Questions and answers
Which lenders made the most SBA loans in Wisconsin in FY2019?
WBD, Inc. (155), Summit CU (86), The Huntington National Bank (80), Byline Bank (75), U.S. Bank, National Association (75). 140 lenders had at least one approval.
How many SBA loans were approved in Wisconsin in FY2019?
1,249: 1,074 under 7(a) worth $426M and 175 under 504 worth $136M.
Which Wisconsin counties had the most SBA approvals in FY2019?
Dane County (177), Waukesha County (170), Milwaukee County (158), Brown County (53), Outagamie County (48).
When does FY2019 start and end?
The federal fiscal year 2019 runs from 1 October 2018 to 30 September 2019.
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