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SBA lender profile

Bank of Lake Mills

Bank of Lake Mills appears in the public SBA loan data with 44 funded 7(a) loans since FY2010, totaling $3.8M, an average of $87K per loan, and an estimated 166 jobs supported. Its SBA lending concentrates in Wisconsin and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 0.0%.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 79
Scale 7
Activity 13
Consistency 66

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
44
Since FY2010
Total volume
$3.8M
Average loan size
$87K
7(a) charge-off rate
0.0%
Share of 7(a) loans charged off
Jobs supported (reported)
166
Programs
7(a)

Is Bank of Lake Mills the right lender for you?

Lenders fund what they know. Bank of Lake Mills's SBA lending concentrates in Wisconsin (44 loans) and Retail Trade (13 loans), at an average loan of $87K. If your business does not look like that, a different SBA lender is likely the better fit.

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Bank profile

via FDIC
Total assets
$530M
Headquarters
Lake Mills, WI
FDIC cert
#8695
Status
Active

Where Bank of Lake Mills lends

Top states by funded SBA volume.

StateLoansTotal volume
Wisconsin 44 $3.8M

Metro areas where Bank of Lake Mills funds

What Bank of Lake Mills funds

Top industries by funded SBA volume.

Bank of Lake Mills SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20101$31K
20116$518K
20126$194K
20137$754K
201410$405K
20151$275K
20162$288K
20172$120K
20181$97K
20194$438K
20223$627K
20231$60K

Related SBA lenders

Other lenders active in Wisconsin or in Retail Trade.

Comparing lenders? See how to choose an SBA lender by track record.

Bank of Lake Mills: frequently asked questions

Does Bank of Lake Mills offer SBA loans?

Yes. Bank of Lake Mills appears in the public SBA data with 44 funded SBA 7(a) loans totaling $3.8M.

How many SBA loans has Bank of Lake Mills made?

Bank of Lake Mills is associated with 44 SBA 7(a) loans totaling $3.8M in the public SBA data (as of 2026-03-31).

What is Bank of Lake Mills's SBA charge-off rate?

About 0.0% of Bank of Lake Mills's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Bank of Lake Mills do most of its SBA lending?

Bank of Lake Mills's SBA lending in the data is most concentrated in Wisconsin, and by industry in Retail Trade.

For Bank of Lake Mills

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of Bank of Lake Mills's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). Bank of Lake Mills SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/bank-of-lake-mills/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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