SBA 7(a) lenders in Milwaukee, WI

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-09-30.

Lenders

146 institutions have SBA 7(a) loans on record in Milwaukee, together $1.32B across 3,325 loans. Byline Bank is the largest, with 15% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Byline Bank	191	$199.2M	15.1%	3.65%
2	Bank Five Nine	242	$104.0M	7.9%	2.46%
3	UMB Bank, National Association	134	$73.7M	5.6%	3.22%
4	U.S. Bank, National Association	460	$66.4M	5.0%	4.89%
5	Associated Bank National Association	315	$56.9M	4.3%	1.01%
6	Live Oak Banking Company	33	$51.6M	3.9%	0.00%
7	The Huntington National Bank	142	$50.7M	3.9%	0.89%
8	Waukesha State Bank	100	$49.6M	3.8%	2.56%
9	BMO Bank National Association	86	$48.3M	3.7%	1.68%
10	Old National Bank	81	$47.1M	3.6%	0.09%
11	Wells Fargo Bank National Association	101	$35.3M	2.7%	0.44%
12	Summit CU	68	$32.5M	2.5%	0.08%
13	First Business Bank	25	$23.5M	1.8%	0.39%
14	JPMorgan Chase Bank, National Association	156	$22.9M	1.7%	4.93%
15	Wisconsin Women's Business Initiative Corporation	161	$20.9M	1.6%	1.25%
16	Town Bank, National Association	46	$20.8M	1.6%	1.68%
17	First Internet Bank of Indiana	16	$20.2M	1.5%	0.00%
18	Newtek Bank, National Association	30	$17.6M	1.3%	0.00%
19	CIBM Bank	19	$17.1M	1.3%	0.00%
20	Shoreham Bank	6	$16.8M	1.3%	0.00%
21	Horicon Bank	84	$15.0M	1.1%	4.31%
22	First Bank of the Lake	8	$14.9M	1.1%	0.00%
23	CenTrust Bank, A Division of SmartBiz Bank National Association	11	$10.8M	0.8%	0.00%
24	Bank First, N.A.	23	$10.7M	0.8%	0.00%
25	Peoples State Bank	12	$10.4M	0.8%	0.00%
26	State Bank of Chilton	18	$9.4M	0.7%	0.00%
27	Ixonia Bank	15	$9.2M	0.7%	0.00%
28	Spring Bank	53	$9.2M	0.7%	1.11%
29	PNC Bank, National Association	33	$9.0M	0.7%	0.16%
30	Johnson Bank	19	$9.0M	0.7%	0.00%
31	PyraMax Bank FSB	44	$8.7M	0.7%	0.00%
32	Millennium Bank	3	$8.6M	0.7%	0.00%
33	Readycap Lending, LLC	30	$8.2M	0.6%	0.00%
34	Milwaukee Economic Development Corporation	42	$8.2M	0.6%	2.14%
35	The Bancorp Bank National Association	9	$7.9M	0.6%	2.44%
36	Celtic Bank Corporation	24	$7.6M	0.6%	1.68%
37	Mid America Bank	8	$7.1M	0.5%	0.00%
38	Newtek Small Business Finance, LLC	18	$6.5M	0.5%	0.00%
39	Educators Credit Union	25	$5.9M	0.5%	0.68%
40	National Exchange Bank and Trust	7	$5.8M	0.4%	0.00%
41	Port 51 Lending LLC	2	$5.4M	0.4%	0.00%
42	Citizens Bank	23	$5.2M	0.4%	0.00%
43	First American Bank	9	$5.1M	0.4%	1.46%
44	Busey Bank	2	$5.0M	0.4%	25.15%
45	North State Bank	8	$4.9M	0.4%	0.00%
46	Centerstone SBA Lending, Inc.	2	$4.7M	0.4%	0.00%
47	Western Commerce Bank	1	$4.7M	0.4%	0.00%
48	Merchants Bank of Indiana	1	$4.0M	0.3%	0.00%
49	BayFirst National Bank	21	$3.8M	0.3%	12.42%
50	Harvest Small Business Finance, LLC	7	$3.7M	0.3%	26.15%
51	Northeast Bank	25	$3.5M	0.3%	1.37%
52	Village Bank and Trust, National Association	9	$3.5M	0.3%	11.66%
53	BankUnited, National Association	2	$3.2M	0.2%	0.00%
54	First-Citizens Bank & Trust Company	8	$3.2M	0.2%	0.00%
55	Bank of Ann Arbor	2	$3.2M	0.2%	0.00%
56	First Merchants Bank	3	$3.1M	0.2%	0.00%
57	GBank	1	$3.0M	0.2%	0.00%
58	Enterprise Bank & Trust	5	$3.0M	0.2%	0.00%
59	Stearns Bank National Association	10	$2.9M	0.2%	20.93%
60	Gulf Coast Bank and Trust Company	4	$2.9M	0.2%	0.00%
61	Landmark Credit Union	29	$2.9M	0.2%	0.00%
62	WaterStone Bank SSB	10	$2.7M	0.2%	0.00%
63	Bank CMG	2	$2.7M	0.2%	0.00%
64	Community State Bank	15	$2.7M	0.2%	37.50%
65	Alerus Financial, National Association	1	$2.6M	0.2%	0.00%
66	Happen Bank	1	$2.5M	0.2%	0.00%
67	United Community Bank	4	$2.1M	0.2%	0.00%
68	Tri City National Bank	24	$2.1M	0.2%	0.00%
69	United Midwest Savings Bank National Association	13	$2.1M	0.2%	6.95%
70	Self-Help FCU	4	$2.0M	0.2%	0.00%
71	Advia Credit Union	2	$2.0M	0.2%	0.00%
72	Lendistry SBLC, LLC	4	$1.9M	0.1%	0.00%
73	VelocitySBA, LLC	27	$1.9M	0.1%	2.02%
74	Nicolet National Bank	4	$1.8M	0.1%	0.00%
75	Truliant FCU	2	$1.8M	0.1%	0.00%
76	State Bank of Texas	3	$1.7M	0.1%	46.72%
77	International Bank of Chicago	1	$1.7M	0.1%	0.00%
78	North Shore Bank	10	$1.6M	0.1%	6.35%
79	National Bank of Commerce	1	$1.5M	0.1%	0.00%
80	United Western Bank	1	$1.5M	0.1%	0.00%
81	Banc of California	3	$1.5M	0.1%	0.00%
82	Capital Bank, National Association	2	$1.4M	0.1%	0.00%
83	Monterey County Bank	1	$1.4M	0.1%	0.00%
84	United FCU	2	$1.4M	0.1%	0.00%
85	Oostburg State Bank	2	$1.4M	0.1%	0.00%
86	Provident Bank	2	$1.3M	0.1%	0.00%
87	Hanmi Bank	2	$1.3M	0.1%	0.00%
88	Bank of Hope	6	$1.3M	0.1%	0.42%
89	Columbia Bank	6	$1.1M	0.1%	0.00%
90	Wintrust Bank National Association	1	$1.1M	0.1%	0.00%
91	Milestone Bank	1	$1.1M	0.1%	0.00%
92	East West Bank	1	$1.1M	0.1%	0.00%
93	TowneBank	2	$1.0M	0.1%	0.00%
94	Badger Bank	2	$995K	0.1%	0.00%
95	The Stephenson National Bank and Trust	2	$970K	0.1%	0.00%
96	The Bank of New Glarus	1	$941K	0.1%	0.00%
97	Park Bank National Association	1	$900K	0.1%	0.00%
98	Legacy Redevelopment Corporation	5	$828K	0.1%	0.00%
99	Hanover Community Bank	2	$700K	0.1%	0.00%
100	Open Bank	1	$690K	0.1%	0.00%
101	Mitchell Bank	1	$685K	0.1%	0.00%
102	Hiawatha National Bank	3	$675K	0.1%	0.00%
103	First Commonwealth Bank	1	$665K	0.1%	0.00%
104	Western State Bank	2	$651K	0.0%	90.93%
105	22nd State Bank, A Division of 22nd State Banking Company	1	$633K	0.0%	0.00%
106	Coastal States Bank	2	$603K	0.0%	0.00%
107	Esquire Bank National Association	2	$600K	0.0%	0.00%
108	Fund-Ex Solutions Group, LLC	1	$555K	0.0%	0.00%
109	Independence Bank	5	$550K	0.0%	28.66%
110	Five Star Bank	2	$550K	0.0%	0.00%
111	Guardian CU	2	$534K	0.0%	0.00%
112	CRF Small Business Loan Company, LLC	2	$500K	0.0%	0.00%
113	First Citizens State Bank	2	$483K	0.0%	0.00%
114	Popular Bank	2	$469K	0.0%	40.94%
115	First Bank	1	$440K	0.0%	0.00%
116	First Federal Bank of Wisconsin	5	$423K	0.0%	0.00%
117	The Port Washington State Bank	3	$399K	0.0%	0.00%
118	St. Charles Bank & Trust Company, National Association	1	$398K	0.0%	0.00%
119	State Bank of the Lakes, National Association	3	$382K	0.0%	0.00%
120	Stone Bank	3	$375K	0.0%	0.00%
121	Federal Deposit Insurance Corporation	2	$365K	0.0%	43.27%
122	Atlantic Union Bank	1	$350K	0.0%	0.00%
123	The Harvard State Bank	2	$336K	0.0%	42.17%
124	Bank of America, National Association	1	$322K	0.0%	0.00%
125	Farmers & Merchants State Bank	2	$315K	0.0%	0.00%
126	First Western SBLC, LLC d/b/a Peachtree Group	1	$310K	0.0%	0.00%
127	Commonwealth Business Bank	1	$309K	0.0%	0.00%
128	Heritage Bank Inc	2	$300K	0.0%	0.00%
129	Fox Communities CU	1	$300K	0.0%	0.00%
130	IncredibleBank	1	$275K	0.0%	0.00%
131	SouthState Bank, National Association	1	$268K	0.0%	0.00%
132	CCFBank National Association	2	$239K	0.0%	0.00%
133	Fifth Third Bank	1	$239K	0.0%	89.82%
134	First Bank	1	$200K	0.0%	0.00%
135	WBD Advantage Fund, LLC	1	$195K	0.0%	49.02%
136	The Bank of Kaukauna	2	$172K	0.0%	0.00%
137	Grasshopper Bank National Association	1	$150K	0.0%	0.00%
138	Heartland Bank and Trust Company	1	$150K	0.0%	0.00%
139	Oak Bank	1	$139K	0.0%	0.00%
140	First American Capital Corp.	1	$135K	0.0%	0.00%
141	Thrivent Bank	1	$128K	0.0%	0.00%
142	Magnifi Financial CU	1	$123K	0.0%	0.00%
143	Midland States Bank	1	$100K	0.0%	0.00%
144	Capital One National Association	3	$100K	0.0%	48.91%
145	Westbury Bank	2	$100K	0.0%	0.00%
146	Collins State Bank	1	$50K	0.0%	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	522	$237.2M	18.0%
2	Retail trade	315	$167.1M	12.7%
3	Manufacturing	179	$149.6M	11.4%
4	Health care & social assistance	346	$148.8M	11.3%
5	Professional & technical services	355	$80.2M	6.1%
6	Construction	280	$78.4M	6.0%
7	Wholesale trade	142	$75.5M	5.7%
8	Other services	285	$69.2M	5.3%
9	Transportation & warehousing	154	$54.7M	4.2%
10	Administrative & waste services	150	$46.6M	3.5%
11	Real estate & leasing	70	$39.6M	3.0%
12	Manufacturing	81	$37.4M	2.8%
13	Manufacturing	81	$31.4M	2.4%
14	Retail trade	136	$31.0M	2.4%
15	Arts, entertainment & recreation	101	$23.7M	1.8%
16	Finance & insurance	41	$13.0M	1.0%
17	Transportation & warehousing	17	$12.7M	1.0%
18	Educational services	34	$10.7M	0.8%
19	Information	30	$7.1M	0.5%
20	Agriculture, forestry & fishing	4	$1.1M	0.1%
21	Public administration	1	$150K	0.0%
22	Utilities	1	$40K	0.0%

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.