SBA 7(a) lenders in Douglas, WI
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
21 institutions have SBA 7(a) loans on record in Douglas, together $24.5M across 92 loans. National Bank of Commerce is the largest, with 20% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | National Bank of Commerce | 17 | $4.8M | 19.7% | 0.00% |
| 2 | Northeast Entrepreneur Fund, Inc. | 33 | $3.9M | 15.9% | 0.00% |
| 3 | Frandsen Bank and Trust | 4 | $3.4M | 13.9% | 0.00% |
| 4 | The Huntington National Bank | 4 | $2.7M | 11.1% | 0.00% |
| 5 | Readycap Lending, LLC | 2 | $2.0M | 8.2% | 0.00% |
| 6 | Wells Fargo Bank National Association | 7 | $1.8M | 7.3% | 17.17% |
| 7 | Bell Bank | 1 | $1.1M | 4.4% | 0.00% |
| 8 | Bank of Ann Arbor | 1 | $735K | 3.0% | 0.00% |
| 9 | Northeast Bank | 4 | $650K | 2.6% | 20.42% |
| 10 | Old National Bank | 1 | $511K | 2.1% | 0.00% |
| 11 | First Bank & Trust | 1 | $500K | 2.0% | 0.00% |
| 12 | Members Cooperative Credit Union | 4 | $487K | 2.0% | 0.00% |
| 13 | Chippewa Valley Bank | 1 | $460K | 1.9% | 0.00% |
| 14 | North Shore Bank of Commerce | 1 | $350K | 1.4% | 0.00% |
| 15 | Lendistry SBLC, LLC | 1 | $300K | 1.2% | 0.00% |
| 16 | Superior Choice CU | 1 | $276K | 1.1% | 0.00% |
| 17 | Altra Federal Credit Union | 1 | $225K | 0.9% | 0.00% |
| 18 | U.S. Bank, National Association | 3 | $170K | 0.7% | 0.00% |
| 19 | BMO Bank National Association | 2 | $67K | 0.3% | 0.00% |
| 20 | Capital One National Association | 1 | $35K | 0.1% | 0.00% |
| 21 | VelocitySBA, LLC | 2 | $25K | 0.1% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Accommodation & food services | 22 | $5.2M | 21.3% |
| 2 | Construction | 9 | $3.5M | 14.4% |
| 3 | Health care & social assistance | 9 | $3.5M | 14.3% |
| 4 | Retail trade | 6 | $3.3M | 13.3% |
| 5 | Professional & technical services | 7 | $1.4M | 5.6% |
| 6 | Retail trade | 5 | $1.1M | 4.7% |
| 7 | Manufacturing | 3 | $1.0M | 4.1% |
| 8 | Other services | 8 | $934K | 3.8% |
| 9 | Management of companies | 4 | $891K | 3.6% |
| 10 | Transportation & warehousing | 5 | $853K | 3.5% |
| 11 | Agriculture, forestry & fishing | 1 | $735K | 3.0% |
| 12 | Wholesale trade | 2 | $705K | 2.9% |
| 13 | Administrative & waste services | 2 | $535K | 2.2% |
| 14 | Real estate & leasing | 4 | $483K | 2.0% |
| 15 | Educational services | 1 | $115K | 0.5% |
| 16 | Transportation & warehousing | 2 | $107K | 0.4% |
| 17 | Manufacturing | 1 | $105K | 0.4% |
| 18 | Manufacturing | 1 | $50K | 0.2% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.