SBA Lenders in Wisconsin
Top lenders ranked by real SBA lending data. See who's most active in Wisconsin across deal count, loan size, and pricing.
What Borrowers Should Know
Wisconsin's median 7(a) spread of P+1.99% is 76 basis points lower than the national median of P+2.75%. This means borrowers here pay meaningfully less interest—on a $400k loan, that's roughly $3,000 annually in savings. The competitive lender landscape (276 active lenders) and concentration among top 5 players (1,060 of 3,115 deals) suggests established competition has driven pricing down in your favor.
Your state's average deal size of $397k suggests the typical Wisconsin borrower is accessing SBA loans for modest-scale growth—equipment, working capital, or small facility expansion rather than major acquisitions. If your financing need falls significantly above or below this range, you may face longer underwriting or need to justify a non-standard request to lenders calibrated to this market.
U.S. Bank dominates with 309 deals (nearly 10% of all Wisconsin SBA volume), but the top 5 lenders account for only 34% of deals. This fragmentation is healthy for you—it means you have genuine alternatives if your first lender declines. However, it also means smaller lenders may have thinner SBA expertise, so vet their 7(a) experience before committing significant time to an application.
Total SBA Loans
3,115
Active Lenders
210
Avg Deal Size
$397K
Total Volume
$1.2B
Top 10 Lenders in Wisconsin
Ranked by total deal count across all SBA programs.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | Bank | 309 | $79K | P + 2.12%GOOD | |
| 2 | WBD, Inc. | CDC/504 | 244 | $702K | — | |
| 3 | Associated Bank, National Association | Bank | 243 | $162K | P + 1.63%GOOD | |
| 4 | Bank First, N.A. | Bank | 150 | $506K | P + 1.50%COMPETITIVE | |
| 5 | Bank Five Nine | Bank | 132 | $292K | P + 2.00%GOOD | |
| 6 | Summit CU | Bank | 110 | $234K | P + 1.50%COMPETITIVE | |
| 7 | The Huntington National Bank | Bank | 91 | $232K | P + 2.50%AVERAGE | |
| 8 | Nicolet National Bank | Bank | 70 | $577K | P + 1.34%COMPETITIVE | |
| 9 | Bank of Ann Arbor | Bank | 65 | $383K | P + 2.00%GOOD | |
| 10 | Community State Bank | Bank | 64 | $213K | P + 1.50%COMPETITIVE |
Top Industries in Wisconsin
SBA lending activity by industry segment.