SBA 7(a) lenders in Racine, WI

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

Lenders

90 institutions have SBA 7(a) loans on record in Racine, together $263.2M across 813 loans. Community State Bank is the largest, with 15% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Community State Bank	196	$39.8M	15.1%	0.90%
2	Byline Bank	30	$23.5M	8.9%	4.73%
3	U.S. Bank, National Association	107	$21.9M	8.3%	10.18%
4	Bank Five Nine	27	$13.1M	5.0%	0.00%
5	Associated Bank National Association	50	$11.6M	4.4%	0.63%
6	Waukesha State Bank	21	$9.6M	3.7%	0.00%
7	BMO Bank National Association	18	$9.5M	3.6%	0.00%
8	JPMorgan Chase Bank, National Association	51	$8.5M	3.2%	2.22%
9	First American Bank	10	$7.6M	2.9%	3.39%
10	Citizens Bank	16	$7.1M	2.7%	2.40%
11	Live Oak Banking Company	4	$6.9M	2.6%	0.00%
12	Merchants Bank of Indiana	4	$5.7M	2.2%	0.00%
13	CCFBank National Association	1	$5.0M	1.9%	0.00%
14	Millennium Bank	1	$5.0M	1.9%	0.00%
15	Old National Bank	8	$4.8M	1.8%	0.00%
16	Peoples State Bank	1	$4.4M	1.7%	0.00%
17	Wells Fargo Bank National Association	20	$4.3M	1.6%	7.97%
18	Port 51 Lending LLC	1	$4.0M	1.5%	0.00%
19	American Momentum Bank	1	$4.0M	1.5%	0.00%
20	UMB Bank, National Association	10	$3.6M	1.4%	21.04%
21	American Community Bank & Trust	1	$3.5M	1.3%	0.00%
22	First Bank of Central Ohio	2	$3.5M	1.3%	0.00%
23	Shoreham Bank	2	$3.1M	1.2%	0.00%
24	IncredibleBank	1	$3.1M	1.2%	0.00%
25	Wisconsin Women's Business Initiative Corporation	26	$2.8M	1.1%	2.47%
26	Pathward National Association	1	$2.8M	1.1%	0.00%
27	The Huntington National Bank	20	$2.7M	1.0%	2.06%
28	United Midwest Savings Bank National Association	4	$2.6M	1.0%	0.00%
29	Educators Credit Union	37	$2.5M	0.9%	4.99%
30	Genesis Bank	2	$2.3M	0.9%	0.00%
31	Newtek Small Business Finance, LLC	10	$2.1M	0.8%	18.13%
32	Johnson Bank	17	$2.0M	0.8%	5.76%
33	Town Bank, National Association	11	$2.0M	0.7%	0.00%
34	Northbrook Bank & Trust Company, National Association	2	$1.8M	0.7%	89.25%
35	Wintrust Bank National Association	1	$1.6M	0.6%	0.00%
36	Guardian CU	1	$1.2M	0.5%	0.00%
37	Celtic Bank Corporation	3	$1.2M	0.5%	0.00%
38	Northeast Bank	7	$1.2M	0.4%	10.75%
39	VelocitySBA, LLC	6	$1.1M	0.4%	0.38%
40	First Citizens State Bank	4	$1.1M	0.4%	0.00%
41	KeyBank National Association	1	$1.1M	0.4%	0.00%
42	CIBC Bank USA	2	$952K	0.4%	0.00%
43	State Bank of Chilton	1	$950K	0.4%	0.00%
44	First Bank	1	$929K	0.4%	0.00%
45	Readycap Lending, LLC	4	$901K	0.3%	0.00%
46	First Federal Bank of Wisconsin	1	$808K	0.3%	0.00%
47	Peoples State Bank	2	$700K	0.3%	0.00%
48	Grasshopper Bank National Association	1	$659K	0.3%	0.00%
49	Newtek Bank, National Association	8	$555K	0.2%	0.00%
50	PyraMax Bank FSB	3	$533K	0.2%	0.00%
51	American National Bank-Fox Cities	1	$521K	0.2%	0.00%
52	BayFirst National Bank	4	$510K	0.2%	0.00%
53	Libertyville Bank & Trust Company, National Association	1	$500K	0.2%	0.00%
54	The Bank of Kaukauna	3	$451K	0.2%	0.00%
55	Western State Bank	1	$450K	0.2%	96.69%
56	Legacy Redevelopment Corporation	2	$438K	0.2%	0.00%
57	CenTrust Bank, A Division of SmartBiz Bank National Association	1	$424K	0.2%	0.00%
58	North State Bank	1	$410K	0.2%	0.00%
59	National Exchange Bank and Trust	1	$409K	0.2%	0.00%
60	Bank First, N.A.	2	$400K	0.2%	0.00%
61	CIBM Bank	2	$385K	0.1%	0.00%
62	Banc of California	1	$360K	0.1%	0.00%
63	Tri City National Bank	5	$360K	0.1%	0.00%
64	Bank CMG	2	$352K	0.1%	0.00%
65	The Bancorp Bank National Association	1	$338K	0.1%	0.00%
66	Summit CU	1	$336K	0.1%	0.00%
67	Pan American Bank & Trust	1	$300K	0.1%	0.00%
68	First Internet Bank of Indiana	1	$300K	0.1%	0.00%
69	Ixonia Bank	1	$300K	0.1%	0.00%
70	Federal Deposit Insurance Corporation	1	$285K	0.1%	12.98%
71	First-Citizens Bank & Trust Company	1	$270K	0.1%	0.00%
72	Village Bank and Trust, National Association	1	$262K	0.1%	0.00%
73	First Command Bank	1	$260K	0.1%	0.00%
74	Horicon Bank	1	$250K	0.1%	0.00%
75	United Community Bank	1	$225K	0.1%	0.00%
76	Stearns Bank National Association	1	$205K	0.1%	0.00%
77	Capital One National Association	2	$200K	0.1%	0.00%
78	PNC Bank, National Association	1	$157K	0.1%	0.00%
79	Spring Bank	1	$150K	0.1%	0.00%
80	State Bank of the Lakes, National Association	1	$150K	0.1%	0.00%
81	CRF Small Business Loan Company, LLC	1	$150K	0.1%	0.00%
82	Old Plank Trail Community Bank National Association	1	$150K	0.1%	0.00%
83	Thrivent Bank	1	$135K	0.1%	0.00%
84	Peoples Bank	1	$135K	0.1%	0.00%
85	United Prairie Bank	1	$120K	0.0%	0.00%
86	Fifth Third Bank	1	$88K	0.0%	0.00%
87	Colony Bank	1	$79K	0.0%	99.81%
88	North Shore Bank	1	$50K	0.0%	0.00%
89	Old Second National Bank	1	$32K	0.0%	0.00%
90	Landmark Credit Union	1	$30K	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	80	$55.8M	21.2%
2	Manufacturing	53	$32.7M	12.4%
3	Retail trade	68	$32.7M	12.4%
4	Construction	119	$25.9M	9.9%
5	Transportation & warehousing	49	$16.2M	6.1%
6	Professional & technical services	66	$15.5M	5.9%
7	Other services	70	$15.1M	5.7%
8	Administrative & waste services	72	$13.7M	5.2%
9	Health care & social assistance	67	$12.8M	4.9%
10	Manufacturing	24	$8.9M	3.4%
11	Wholesale trade	33	$8.5M	3.2%
12	Retail trade	29	$8.3M	3.2%
13	Arts, entertainment & recreation	35	$6.7M	2.5%
14	Real estate & leasing	17	$5.1M	1.9%
15	Educational services	3	$1.6M	0.6%
16	Information	9	$1.6M	0.6%
17	Finance & insurance	7	$886K	0.3%
18	Manufacturing	8	$825K	0.3%
19	Transportation & warehousing	2	$305K	0.1%
20	Mining & extraction	1	$100K	0.0%
21	Agriculture, forestry & fishing	1	$68K	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.