SBA lender profile
Forward Bank
Forward Bank appears in the public SBA loan data with 55 funded 7(a) loans totaling $14.1M, an average of $255K per loan, and an estimated 359 jobs supported. Its SBA lending concentrates in Wisconsin and the Retail Trade sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
55
Total volume
$14.1M
Average loan size
$255K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
359
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.2B
- Headquarters
- Marshfield, WI
- FDIC cert
- #28530
- Status
- Active
Where Forward Bank lends
Top states by funded SBA volume.
What Forward Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 7 | $4.0M |
| Accommodation and Food Services | 11 | $3.2M |
| Health Care and Social Assistance | 3 | $2.3M |
| Construction | 5 | $1.1M |
| Real Estate | 4 | $1.0M |
| Other Services | 3 | $503K |
Forward Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 12 | $3.1M |
| 2021 | 4 | $1.2M |
| 2022 | 17 | $2.8M |
| 2023 | 12 | $2.1M |
| 2024 | 6 | $841K |
| 2025 | 3 | $1.1M |
| 2026 | 1 | $2.9M |
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 Forward Bank's funded loans marked charged off across all of its
loans in the data; 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.
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