SBA by industry · WI
SBA lenders for manufacturers in Wisconsin
86 lenders made 320 SBA loans to manufacturers in Wisconsin in the 36 months ending September 30, 2026. Old National Bank made the most, with 26. The typical loan was about $500K.
- Evidence
- SBA 7(a) and 504 loans to manufacturers in Wisconsin, NAICS 31 to 33
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 86
- SBA FOIA,
- SBA loans, 36 months
- 320
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $297M
- SBA FOIA,
- Last 12 months
- 118
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for manufacturers in Wisconsin, https://lender.report/sba-lenders-for/manufacturing/wisconsin/, data as of September 30, 2026.
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| Lender | Kind | Based in | Loans | Dollars | 7(a) | 504 | Last 12 months |
|---|---|---|---|---|---|---|---|
| Old National Bank SBA 7(a) record | Bank | Evansville, IN | 26 | $39.5M | 24 | 2 | 8 |
| U.S. Bank National Association SBA 7(a) record | Bank | Cincinnati, OH | 24 | $12.6M | 24 | 0 | 8 |
| Nicolet National Bank SBA 7(a) record | Bank | Green Bay, WI | 20 | $22.6M | 16 | 4 | 1 |
| Bank First, N.A. SBA 7(a) record | Bank | Manitowoc, WI | 16 | $12.4M | 13 | 3 | 7 |
| Oostburg State Bank SBA 7(a) record | Bank | Oostburg, WI | 14 | $7.34M | 12 | 2 | 8 |
| The Huntington National Bank SBA 7(a) record | Bank | Columbus, OH | 11 | $12.6M | 11 | 0 | 4 |
| First American Bank SBA 7(a) record | Bank | Elk Grove Village, IL | 10 | $13.3M | 8 | 2 | 2 |
| Associated Bank, National Association SBA 7(a) record | Bank | Green Bay, WI | 10 | $10.4M | 10 | 0 | 6 |
| American National Bank - Fox Cities SBA 7(a) record | Bank | Appleton, WI | 10 | $5.00M | 10 | 0 | 3 |
| Byline Bank SBA 7(a) record | Bank | Chicago, IL | 9 | $11.9M | 9 | 0 | 7 |
| CCFBank National Association SBA 7(a) record | Bank | Altoona, WI | 8 | $9.98M | 7 | 1 | 3 |
| CIBM Bank SBA 7(a) record | Bank | Champaign, IL | 7 | $4.30M | 5 | 2 | 1 |
| Cleveland State Bank SBA 7(a) record | Bank | Cleveland, WI | 6 | $6.83M | 6 | 0 | 2 |
| Newtek Bank, National Association SBA 7(a) record | Bank | Miami, FL | 6 | $2.08M | 6 | 0 | 2 |
| Town Bank, National Association SBA 7(a) record | Bank | Hartland, WI | 5 | $10.3M | 5 | 0 | 2 |
| PyraMax Bank, FSB SBA 7(a) record | Savings | Greenfield, WI | 5 | $4.16M | 4 | 1 | 2 |
| JPMorgan Chase Bank, National Association SBA 7(a) record | Bank | Columbus, OH | 5 | $1.69M | 4 | 1 | 0 |
| Community First Credit Union SBA 7(a) record | Credit union | Appleton, WI | 4 | $6.67M | 3 | 1 | 1 |
| Summit Credit Union SBA 7(a) record | Credit union | Madison, WI | 4 | $6.25M | 2 | 2 | 2 |
| Ixonia Bank SBA 7(a) record | Bank | Ixonia, WI | 4 | $5.47M | 2 | 2 | 1 |
| Horicon Bank SBA 7(a) record | Bank | Horicon, WI | 4 | $3.80M | 3 | 1 | 0 |
| Bank Five Nine SBA 7(a) record | Bank | Oconomowoc, WI | 4 | $2.56M | 3 | 1 | 0 |
| Waukesha State Bank SBA 7(a) record | Bank | Waukesha, WI | 4 | $2.10M | 4 | 0 | 2 |
| Wisconsin Women's Business Initiative Corporation SBA 7(a) record | Non-bank | Milwaukee, WI | 4 | $860K | 4 | 0 | 0 |
| Hiawatha National Bank SBA 7(a) record | Bank | Hager City, WI | 4 | $345K | 4 | 0 | 0 |
Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| Industry | Loans |
|---|---|
| Machine Shops | 30 |
| All Other Miscellaneous Fabricated Metal Product Manufacturing | 24 |
| All Other Miscellaneous Manufacturing | 15 |
| Breweries | 13 |
| Sporting and Athletic Goods Manufacturing | 10 |
| Commercial Printing (except Screen and Books) | 9 |
| Special Die and Tool, Die Set, Jig, and Fixture Manufacturing | 9 |
| Wood Kitchen Cabinet and Countertop Manufacturing | 8 |
| All Other Miscellaneous Food Manufacturing | 7 |
| All Other Industrial Machinery Manufacturing | 6 |
| Loan size | Loans |
|---|---|
| Under $150K | 64 |
| $150K to $350K | 73 |
| $350K to $1M | 94 |
| $1M to $2.5M | 57 |
| $2.5M or more | 32 |
- SBA lenders recorded 320 loans to manufacturers totaling $296.9M in Wisconsin in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
- The typical loan was about $500K, with the middle half between $150K and $1M. SBA FOIA,
- 272 were SBA 7(a) loans and 48 were SBA 504 first liens. SBA FOIA,
- SBA 7(a) lenders reported a median initial rate of 8.75% on 272 loans. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Banks and savings institutions made 294 of the loans, credit unions 14, and non-banks 12. SBA FOIA,
- The five most active lenders made 31.3% of the loans. SBA FOIA,
- The three most active lenders were Old National Bank with 26, U.S. Bank National Association with 24, and Nicolet National Bank with 20. SBA FOIA,
- 64 of the loans were under $150K, and 89 were $1M or more. SBA FOIA,
- The SBA file shows 118 approvals of these loans dated in the 12 months to September 30, 2026, versus 104 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- 47 of the 86 lenders are based in Wisconsin. The rest are based elsewhere, most often in Minnesota, Illinois and Ohio. SBA FOIA,
- The most common detailed industry in Wisconsin was Machine Shops, with 30 loans. SBA FOIA,
How this list is defined
- Measure
- SBA loans made to manufacturers in Wisconsin
- Period
- October 2023 to September 2026
- Formula
- Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in Wisconsin, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 31 to 33.
- Order
- Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
- As of
- September 30, 2026
- Source
- SBA FOIA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. Lenders that merged or stopped filing are left out.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.