SBA 7(a) loans in Wisconsin
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
2,747loans approved
$212,000median loan
$75K–$526Kmiddle half of loans
$1.5Btotal approved
10%median initial rate
10 yrsmedian term
The median Wisconsin loan is 21% larger than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Full-Service Restaurants (722511) | 130 | $290,150 |
| Limited-Service Restaurants (722513) | 78 | $366,800 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 66 | $284,750 |
| Fitness and Recreational Sports Centers (713940) | 64 | $186,400 |
| Residential Remodelers (236118) | 62 | $76,500 |
| Child Day Care Services (624410) | 60 | $232,500 |
| Landscaping Services (561730) | 59 | $150,000 |
| Drinking Places (Alcoholic Beverages) (722410) | 54 | $295,000 |
| General Automotive Repair (811111) | 53 | $320,000 |
| All Other Specialty Trade Contractors (238990) | 49 | $225,000 |
Most active lenders in Wisconsin
| Lender | Loans | Median | Total |
|---|---|---|---|
| U.S. Bank, National Association | 309 | $45,000 | $68.2M |
| The Huntington National Bank | 184 | $116,350 | $65.6M |
| Old National Bank | 133 | $545,900 | $134.2M |
| Bank First, N.A. | 98 | $250,000 | $39.1M |
| Readycap Lending, LLC | 87 | $50,000 | $19.2M |
| Wisconsin Women's Business Initiative Corporation | 84 | $145,000 | $13.4M |
| Nicolet National Bank | 84 | $306,750 | $38.4M |
| Summit Cu | 77 | $150,000 | $19.2M |
| Associated Bank National Association | 75 | $293,900 | $50.8M |
| Byline Bank | 69 | $780,000 | $85.3M |
SBA 504 loans in Wisconsin
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
541504 loans approved
$679,000median CDC portion
$563.6Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Wisconsin
| Lender | Loans | Median | Total |
|---|---|---|---|
| Wbd, INC. | 463 | $698,000 | $489.2M |
| Racine County Economic Development Corporation | 54 | $514,500 | $41.3M |
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What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.