STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
120
2010–2026
Total Volume
$66M
Gross loan amounts
States Active
6
With recorded loans
Programs
7(a) & 504
120 total segments
State Bank of the Lakes has a notable 29% share of 504 loans, significantly higher than the national average of around 18%. This indicates a strong capability in real estate financing, making them a good choice for borrowers looking to purchase property or expand existing facilities.
With an average 7(a) spread of P+1.25%, State Bank of the Lakes offers competitive pricing compared to the national median of P+2.75%. This lower spread can result in significant savings for borrowers over the life of the loan.
The lender's growth trend shows a decline of 27% year-over-year, which may indicate a tightening of lending criteria or reduced capacity. Borrowers should be prepared for potentially stricter approval processes as the bank adjusts to this downturn.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 35 504 loans, which use fixed SBA debenture rates.
States where State Bank of the Lakes, National Association has recorded SBA lending activity.
+ 1 more state
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Auto Repair & Maintenance
Other Services
Specialty Trade Contractors
Construction
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Other Health Practitioners
Health Care & Social Assistance
Other Repair & Services
Other Services
Laundry & Dry Cleaning
Other Services
+ 7 more
All recorded SBA lending activity for State Bank of the Lakes, National Association, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Wisconsin · Restaurants & Food Service · $150K – $350K | 7(a) | 6 | P+2.00% | $229K | Q2 2021 |
| Illinois · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 5 | P+2.00% | $254K | Q3 2025 |
| Illinois · Auto Repair & Maintenance · $500K – $1M | 504 | 5 | — | $892K | Q3 2021 |
| Illinois · Manufacturing · $1M – $2M | 7(a) | 4 | P+1.25% | $1.4M | Q3 2024 |
| Illinois · Specialty Trade Contractors · Under $150K | 7(a) | 4 | P+2.00% | $100K | Q1 2023 |
| Illinois · Specialty Trade Contractors · $500K – $1M | 7(a) | 3 | P+1.50% | $852K | Q3 2024 |
| Illinois · Auto Repair & Maintenance · $1M – $2M | 504 | 3 | — | $1.4M | Q3 2025 |
| Wisconsin · Restaurants & Food Service · Under $150K | 7(a) | 3 | P+2.00% | $66K | Q2 2022 |
| Illinois · Manufacturing · Under $150K | 7(a) | 3 | P+1.50% | $53K | Q3 2024 |
| Illinois · Manufacturing · $150K – $350K | 7(a) | 3 | P+1.50% | $318K | Q2 2021 |
| Illinois · Restaurants & Food Service · $500K – $1M | 7(a) | 3 | P+2.00% | $675K | Q1 2025 |
| Wisconsin · Retail Trade · Under $150K | 7(a) | 2 | P+2.00% | $125K | Q3 2016 |
| Illinois · Physician & Dental Offices · $150K – $350K | 7(a) | 2 | P+1.63% | $278K | Q1 2017 |
| Illinois · Social Assistance · $500K – $1M | 504 | 2 | — | $845K | Q1 2014 |
| Illinois · Other Repair & Services · $350K – $500K | 7(a) | 2 | P+0.50% | $485K | Q4 2023 |
| Iowa · Auto Repair & Maintenance · $1M – $2M | 504 | 2 | — | $1.3M | Q4 2022 |
| Wisconsin · Restaurants & Food Service · $500K – $1M | 7(a) | 2 | P+1.63% | $578K | Q2 2022 |
| Illinois · Manufacturing · $350K – $500K | 7(a) | 2 | P+1.38% | $379K | Q3 2020 |
| Wisconsin · Other Repair & Services · Under $150K | 7(a) | 2 | P+2.00% | $105K | Q4 2021 |
| Illinois · Other Health Practitioners · Under $150K | 7(a) | 2 | P+2.00% | $100K | Q3 2020 |
| Illinois · Laundry & Dry Cleaning · $500K – $1M | 7(a) | 2 | P+-0.74% | $704K | Q4 2025 |
| Illinois · Arts, Entertainment & Recreation · Under $150K | 7(a) | 2 | P+1.63% | $100K | Q3 2017 |
| Illinois · Physician & Dental Offices · $350K – $500K | 504 | 2 | — | $364K | Q3 2010 |
| Illinois · Arts, Entertainment & Recreation · $500K – $1M | 7(a) | 1 | P+-0.25% | $610K | Q4 2022 |
| Illinois · Other Services · $150K – $350K | 7(a) | 1 | P+1.25% | $340K | Q1 2018 |
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