FY2026 to date1 Oct 2025 – 30 Jun 2026
SBA loans in Wisconsin, FY2026
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.
So far in FY2026 (1 October 2025 to 30 Jun 2026) SBA approved 768 loans in Wisconsin: 624 under 7(a) and 144 under 504, worth $506M.
The fiscal year is still open, so these counts will grow with each quarterly release.
Wisconsin accounted for 1.7% of the 45,283 approvals nationwide that year. 129 lenders had at least one approval in the state; WBD, Inc. had the most, 117.
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 FY2026, of 129 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|---|
| 1 | WBD, Inc. | 504 | 117 | $122M | 15.2% | 166 | — |
| 2 | U.S. Bank, National Association | 7(a) | 61 | $13.4M | 7.9% | 116 | — |
| 3 | The Huntington National Bank | 7(a) | 39 | $10.9M | 5.1% | 80 | — |
| 4 | Summit CU | 7(a) | 33 | $10.1M | 4.3% | 13 | — |
| 5 | Northeast Bank | 7(a) | 30 | $4.6M | 3.9% | 82 | — |
| 6 | Newtek Bank, National Association | 7(a) | 26 | $7.4M | 3.4% | 52 | — |
| 7 | Bank First, N.A. | 7(a) | 22 | $12.0M | 2.9% | 35 | — |
| 8 | Byline Bank | 7(a) | 21 | $30.6M | 2.7% | 26 | — |
| 9 | Racine County Economic Development Corporation | 504 | 20 | $14.1M | 2.6% | 21 | — |
| 10 | Old National Bank | 7(a) | 19 | $18.6M | 2.5% | 54 | — |
| 11 | Nicolet National Bank | 7(a) | 18 | $8.8M | 2.3% | 33 | — |
| 12 | Readycap Lending, LLC | 7(a) | 18 | $7.7M | 2.3% | 30 | — |
| 13 | Associated Bank National Association | 7(a) | 16 | $12.2M | 2.1% | 28 | — |
| 14 | Wisconsin Women's Business Initiative Corporation | 7(a) | 15 | $2.0M | 2.0% | 37 | — |
| 15 | CCFBank National Association | 7(a) | 14 | $8.5M | 1.8% | 26 | — |
| 16 | American National Bank-Fox Cities | 7(a) | 12 | $6.9M | 1.6% | 5 | — |
| 17 | Oostburg State Bank | 7(a) | 11 | $5.6M | 1.4% | 8 | — |
| 18 | Waukesha State Bank | 7(a) | 10 | $10.5M | 1.3% | 21 | — |
| 19 | Lake Ridge Bank | 7(a) | 10 | $7.0M | 1.3% | 18 | — |
| 20 | Citizens State Bank of La Crosse | 7(a) | 10 | $2.8M | 1.3% | 4 | — |
| 21 | Live Oak Banking Company | 7(a) | 9 | $6.3M | 1.2% | 24 | — |
| 22 | CenTrust Bank, A Division of SmartBiz Bank National Association | 7(a) | 9 | $1.5M | 1.2% | 6 | — |
| 23 | United Midwest Savings Bank National Association | 7(a) | 7 | $1.6M | 0.9% | 17 | — |
| 24 | Ixonia Bank | 7(a) | 6 | $6.8M | 0.8% | 6 | — |
| 25 | Frandsen Bank and Trust | 7(a) | 6 | $6.5M | 0.8% | 11 | — |
| 26 | Oak Bank | 7(a) | 6 | $5.3M | 0.8% | 4 | — |
| 27 | IncredibleBank | 7(a) | 6 | $3.3M | 0.8% | 7 | — |
| 28 | Bank Five Nine | 7(a) | 6 | $2.8M | 0.8% | 17 | — |
| 29 | First Bank of the Lake | 7(a) | 6 | $1.2M | 0.8% | 16 | — |
| 30 | Celtic Bank Corporation | 7(a) | 6 | $746K | 0.8% | 16 | — |
| 31 | Peoples State Bank | 7(a) | 5 | $8.5M | 0.7% | 8 | — |
| 32 | Pathward National Association | 7(a) | 4 | $8.1M | 0.5% | 0 | — |
| 33 | First Business Bank | 7(a) | 4 | $3.6M | 0.5% | 1 | — |
| 34 | First American Bank | 7(a) | 4 | $2.7M | 0.5% | 7 | — |
| 35 | Harvest Small Business Finance, LLC | 7(a) | 4 | $2.0M | 0.5% | 7 | — |
| 36 | First Citizens State Bank | 7(a) | 4 | $1.2M | 0.5% | 3 | — |
| 37 | Fortifi Bank | 7(a) | 4 | $1.1M | 0.5% | 5 | — |
| 38 | Community State Bank | 7(a) | 4 | $746K | 0.5% | 1 | — |
| 39 | Stone Bank | 7(a) | 4 | $400K | 0.5% | 3 | — |
| 40 | GBank | 7(a) | 3 | $9.7M | 0.4% | 1 | — |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|
| 1 | Dane County | 113 | $60.8M | 14.7% | 139 | — |
| 2 | Milwaukee County | 92 | $59.1M | 12.0% | 210 | — |
| 3 | Waukesha County | 80 | $58.6M | 10.4% | 141 | — |
| 4 | Brown County | 42 | $26.4M | 5.5% | 64 | — |
| 5 | Sheboygan County | 32 | $18.6M | 4.2% | 38 | — |
| 6 | Washington County | 31 | $32.0M | 4.0% | 34 | — |
| 7 | Outagamie County | 28 | $10.1M | 3.6% | 50 | — |
| 8 | St. Croix County | 26 | $9.6M | 3.4% | 33 | — |
| 9 | Ozaukee County | 23 | $15.6M | 3.0% | 32 | — |
| 10 | Eau Claire County | 22 | $15.9M | 2.9% | 41 | — |
| 11 | La Crosse County | 20 | $15.1M | 2.6% | 28 | — |
| 12 | Kenosha County | 17 | $8.5M | 2.2% | 46 | — |
| 13 | Racine County | 15 | $5.4M | 2.0% | 52 | — |
| 14 | Marathon County | 13 | $11.3M | 1.7% | 22 | — |
| 15 | Winnebago County | 12 | $6.6M | 1.6% | 35 | — |
| 16 | Walworth County | 11 | $12.2M | 1.4% | 20 | — |
| 17 | Manitowoc County | 10 | $5.8M | 1.3% | 30 | — |
| 18 | Chippewa County | 10 | $10.5M | 1.3% | 17 | — |
| 19 | Fond du Lac County | 9 | $4.9M | 1.2% | 12 | — |
| 20 | Columbia County | 9 | $7.7M | 1.2% | 21 | — |
| 21 | Vilas County | 9 | $9.3M | 1.2% | 5 | — |
| 22 | Rock County | 8 | $7.1M | 1.0% | 21 | — |
| 23 | Jefferson County | 8 | $5.6M | 1.0% | 16 | — |
| 24 | Polk County | 8 | $7.4M | 1.0% | 11 | — |
| 25 | Sauk County | 8 | $4.4M | 1.0% | 9 | — |
| 26 | Wood County | 7 | $3.6M | 0.9% | 7 | — |
| 27 | Dodge County | 7 | $3.7M | 0.9% | 6 | — |
| 28 | Portage County | 7 | $10.3M | 0.9% | 5 | — |
| 29 | Monroe County | 6 | $1.5M | 0.8% | 7 | — |
| 30 | Marinette County | 6 | $2.2M | 0.8% | 2 | — |
| 31 | Calumet County | 6 | $1.1M | 0.8% | 4 | — |
| 32 | Oconto County | 6 | $6.1M | 0.8% | 8 | — |
| 33 | Pierce County | 5 | $1.2M | 0.7% | 13 | — |
| 34 | Barron County | 5 | $7.5M | 0.7% | 13 | — |
| 35 | Green County | 5 | $1.3M | 0.7% | 6 | — |
| 36 | Waupaca County | 4 | $1.3M | 0.5% | 9 | — |
| 37 | Door County | 4 | $3.9M | 0.5% | 10 | — |
| 38 | Douglas County | 4 | $1.2M | 0.5% | 8 | — |
| 39 | Sawyer County | 3 | $3.3M | 0.4% | 7 | — |
| 40 | Shawano County | 3 | $5.3M | 0.4% | 5 | — |
The 40 counties with the most approvals; every county is on the Wisconsin page.
FY2026 against FY2025
| Wisconsin | FY2026 to date | FY2025 |
|---|---|---|
| 7(a) approvals | 624 | 1,128 |
| 7(a) dollars | $364M | $551M |
| Median 7(a) approval | $200K | $204K |
| 504 approvals | 144 | 200 |
| 504 dollars | $143M | $205M |
| Jobs supported, as reported | 8,505 | 14,316 |
Questions and answers
Which lenders made the most SBA loans in Wisconsin in FY2026?
WBD, Inc. (117), U.S. Bank, National Association (61), The Huntington National Bank (39), Summit CU (33), Northeast Bank (30). 129 lenders had at least one approval.
How many SBA loans were approved in Wisconsin in FY2026?
768 to 30 Jun 2026: 624 under 7(a) worth $364M and 144 under 504 worth $143M.
Which Wisconsin counties had the most SBA approvals in FY2026?
Dane County (113), Milwaukee County (92), Waukesha County (80), Brown County (42), Sheboygan County (32).
When does FY2026 start and end?
The federal fiscal year 2026 runs from 1 October 2025 to 30 September 2026. The files used here stop at 30 Jun 2026.
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