SBA 7(a) lenders in Saint Croix, WI

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

63 institutions have SBA 7(a) loans on record in Saint Croix, together $208.9M across 632 loans. Hiawatha National Bank is the largest, with 19% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Hiawatha National Bank	141	$38.8M	18.6%	5.30%
2	Old National Bank	45	$31.7M	15.2%	0.00%
3	Citizens State Bank	51	$14.4M	6.9%	0.00%
4	Live Oak Banking Company	16	$9.5M	4.6%	6.08%
5	U.S. Bank, National Association	70	$8.6M	4.1%	2.16%
6	BankVista	12	$8.4M	4.0%	6.02%
7	Platinum Bank	12	$7.9M	3.8%	0.00%
8	First National Community Bank	27	$6.4M	3.1%	0.67%
9	Choice Financial Group	6	$6.3M	3.0%	0.00%
10	Security Financial Bank	12	$5.8M	2.8%	0.00%
11	Merchants Bank, National Association	3	$5.7M	2.7%	0.00%
12	Pillar Bank	15	$5.5M	2.6%	0.89%
13	Associated Bank National Association	46	$5.4M	2.6%	0.13%
14	Nicolet National Bank	22	$5.0M	2.4%	0.00%
15	Alerus Financial, National Association	3	$4.8M	2.3%	0.00%
16	Wells Fargo Bank National Association	27	$4.6M	2.2%	0.00%
17	First Resource Bank	10	$3.9M	1.9%	0.00%
18	21st Century Bank	5	$3.5M	1.7%	0.00%
19	First State Bank and Trust	8	$3.1M	1.5%	0.00%
20	Newtek Small Business Finance, Inc.	2	$2.2M	1.0%	0.00%
21	The Huntington National Bank	6	$2.0M	0.9%	0.00%
22	Byline Bank	3	$2.0M	0.9%	0.00%
23	The First National Bank of River Falls	8	$1.8M	0.9%	5.12%
24	VisionBank	3	$1.5M	0.7%	0.00%
25	CCFBank National Association	4	$1.5M	0.7%	9.14%
26	Sunrise Banks National Association	4	$1.4M	0.7%	0.00%
27	WESTconsin CU	7	$1.4M	0.7%	0.00%
28	Lake Elmo Bank	3	$1.3M	0.6%	27.88%
29	Falcon National Bank	3	$1.3M	0.6%	0.00%
30	Frandsen Bank and Trust	2	$1.3M	0.6%	0.00%
31	Banc of California	1	$1.3M	0.6%	0.00%
32	Stearns Bank National Association	1	$950K	0.5%	0.00%
33	Minnwest Bank	2	$850K	0.4%	0.00%
34	Compeer Financial, ACA	2	$788K	0.4%	0.00%
35	BMO Bank National Association	2	$775K	0.4%	47.22%
36	Magnifi Financial CU	1	$617K	0.3%	0.00%
37	Firstrust Savings Bank	1	$590K	0.3%	0.00%
38	Northeast Bank	5	$586K	0.3%	0.00%
39	Bell Bank	2	$583K	0.3%	0.00%
40	First National Bank of Pennsylvania	1	$468K	0.2%	0.00%
41	Premier Bank	5	$421K	0.2%	0.00%
42	Bridgewater Bank	1	$414K	0.2%	0.00%
43	Security Bank & Trust Company	1	$400K	0.2%	0.00%
44	Happen Bank	1	$372K	0.2%	0.00%
45	Luminate Bank	1	$315K	0.2%	0.00%
46	United Midwest Savings Bank National Association	2	$300K	0.1%	0.00%
47	First Bank & Trust	1	$275K	0.1%	0.00%
48	Granite Bank	4	$250K	0.1%	0.00%
49	Citizens State Bank of La Crosse	3	$198K	0.1%	0.00%
50	First Bank	1	$175K	0.1%	0.00%
51	Colony Bank	1	$150K	0.1%	0.00%
52	WBD Advantage Fund, LLC	1	$150K	0.1%	69.12%
53	Royal Credit Union	1	$150K	0.1%	0.00%
54	MY CU	1	$150K	0.1%	0.00%
55	Unity Bank	1	$125K	0.1%	0.00%
56	Forward Bank	1	$100K	0.0%	0.00%
57	Farmers and Merchants Savings Bank	2	$100K	0.0%	0.00%
58	Highland Bank	1	$100K	0.0%	0.00%
59	The RiverBank	2	$78K	0.0%	94.01%
60	Readycap Lending, LLC	2	$52K	0.0%	0.00%
61	Gateway Bank	1	$50K	0.0%	0.00%
62	Bank First, N.A.	1	$50K	0.0%	0.00%
63	VelocitySBA, LLC	3	$28K	0.0%	24.64%

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	Manufacturing	59	$27.0M	12.9%
2	Construction	97	$25.8M	12.3%
3	Retail trade	44	$19.2M	9.2%
4	Accommodation & food services	63	$19.2M	9.2%
5	Health care & social assistance	57	$14.0M	6.7%
6	Transportation & warehousing	20	$12.5M	6.0%
7	Professional & technical services	59	$12.1M	5.8%
8	Wholesale trade	17	$11.5M	5.5%
9	Other services	55	$10.7M	5.1%
10	Manufacturing	16	$10.5M	5.0%
11	Manufacturing	22	$10.4M	5.0%
12	Arts, entertainment & recreation	20	$8.8M	4.2%
13	Administrative & waste services	38	$8.4M	4.0%
14	Retail trade	26	$6.2M	3.0%
15	Real estate & leasing	15	$6.0M	2.9%
16	Transportation & warehousing	6	$3.0M	1.4%
17	Agriculture, forestry & fishing	5	$1.8M	0.9%
18	Information	5	$1.1M	0.6%
19	Finance & insurance	6	$276K	0.1%
20	Educational services	2	$175K	0.1%

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.