SBA by industry · WI

SBA lenders for restaurants in Wisconsin

100 lenders made 377 SBA loans to restaurants in Wisconsin in the 36 months ending September 30, 2026. Associated Bank, National Association made the most, with 24. The typical loan was about $350K.

Evidence
SBA 7(a) and 504 loans to restaurants in Wisconsin, NAICS 722
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
100
SBA FOIA,
SBA loans, 36 months
377
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$207M
SBA FOIA,
Last 12 months
110
SBA FOIA,

Cite this

Source: The Lender Report, SBA lenders for restaurants in Wisconsin, https://lender.report/sba-lenders-for/restaurants/wisconsin/, data as of September 30, 2026.

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See which lenders made SBA loans to restaurants, at your size and in your state. No account and no form.

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SBA lenders for restaurants in Wisconsin. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 100.
LenderKindBased inLoansDollars7(a)504Last 12 months
Associated Bank, National Association SBA 7(a) recordBankGreen Bay, WI24$13.6M2319
Nicolet National Bank SBA 7(a) recordBankGreen Bay, WI20$11.0M1643
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH18$3.18M1803
Wisconsin Women's Business Initiative Corporation SBA 7(a) recordNon-bankMilwaukee, WI18$2.85M1804
Old National Bank SBA 7(a) recordBankEvansville, IN15$11.9M1503
The Huntington National Bank SBA 7(a) recordBankColumbus, OH15$8.23M1503
Byline Bank SBA 7(a) recordBankChicago, IL14$10.7M1402
Waukesha State Bank SBA 7(a) recordBankWaukesha, WI13$7.34M855
Bank Five Nine SBA 7(a) recordBankOconomowoc, WI10$5.63M913
Summit Credit Union SBA 7(a) recordCredit unionMadison, WI10$5.25M558
Bank First, N.A. SBA 7(a) recordBankManitowoc, WI10$2.06M1002
CCFBank National Association SBA 7(a) recordBankAltoona, WI9$8.87M722
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL9$4.59M900
Celtic Bank SBA 7(a) recordBankSalt Lake City, UT7$2.18M700
Readycap Lending, LLC SBA 7(a) recordNon-bankBerkeley Heights, NJ7$884K700
Hiawatha National Bank SBA 7(a) recordBankHager City, WI6$518K600
Peoples State Bank SBA 7(a) recordBankWausau, WI5$4.63M412
Frandsen Bank & Trust SBA 7(a) recordBankLonsdale, MN5$4.19M502
VelocitySBA, LLC SBA 7(a) recordNon-bankIrving, TX5$2.58M500
Lake Ridge Bank SBA 7(a) recordBankMiddleton, WI5$1.57M320
CIBM Bank SBA 7(a) recordBankChampaign, IL5$1.30M502
IncredibleBank SBA 7(a) recordBankWausau, WI4$2.18M402
Northeast Entrepreneur Fund, Inc. SBA 504 recordNon-bankDuluth, MN4$476K310
First Internet Bank of Indiana SBA 7(a) recordBankFishers, IN3$7.60M300
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC3$5.96M301
SBA FOIA,

Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.

Detailed industries in this group in Wisconsin
IndustryLoans
Full-Service Restaurants159
Limited-Service Restaurants92
Drinking Places (Alcoholic Beverages)59
Snack and Nonalcoholic Beverage Bars40
Caterers10
Mobile Food Services10
Food Service Contractors6
Cafeterias, Grill Buffets, and Buffets1
SBA FOIA,
SBA loans for restaurants in Wisconsin, by size
Loan sizeLoans
Under $150K97
$150K to $350K84
$350K to $1M132
$1M to $2.5M48
$2.5M or more8
SBA FOIA,
  • SBA lenders recorded 377 loans to restaurants totaling $207M in Wisconsin in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $350K, with the middle half between $130K and $630K. SBA FOIA,
  • 321 were SBA 7(a) loans and 48 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 9.25% on 321 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 303 of the loans, credit unions 23, and non-banks 43. SBA FOIA,
  • The five most active lenders made 25.2% of the loans. SBA FOIA,
  • The three most active lenders were Associated Bank, National Association with 24, Nicolet National Bank with 20, and U.S. Bank National Association with 18. SBA FOIA,
  • 97 of the loans were under $150K, and 56 were $1M or more. SBA FOIA,
  • 8 of these loans were made by lenders that have since merged or closed, that the file lists under a name with no lender record here, or that the loan tape shows only at a broader industry level. They are counted in the totals here and appear in no lender's row. SBA FOIA,
  • The SBA file shows 110 approvals of these loans dated in the 12 months to September 30, 2026, versus 159 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 55 of the 100 lenders are based in Wisconsin. The rest are based elsewhere, most often in Illinois, Minnesota and Indiana. SBA FOIA,
  • The most common detailed industry in Wisconsin was Full-Service Restaurants, with 159 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to restaurants 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 722.
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.