SBA lending by metro area
SBA lenders in Madison, WI
Which lenders fund Madison-area businesses, how much, and how the market compares with Wisconsin: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Madison area
Ranked by SBA volume funded to businesses located in the Madison metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | WBD, Inc. | 417 | $423.0M | $1.0M | not reported |
| 2 | Byline Bank | 85 | $84.2M | $990K | 9.41% |
| 3 | Lake Ridge Bank | 308 | $73.9M | $240K | 0.97% |
| 4 | Bank Five Nine | 149 | $65.8M | $442K | 0.67% |
| 5 | Summit CU | 594 | $64.0M | $108K | 3.20% |
| 6 | U.S. Bank, National Association | 156 | $31.0M | $199K | 3.85% |
| 7 | Live Oak Banking Company | 25 | $29.9M | $1.2M | 0.00% |
| 8 | Oak Bank | 59 | $29.1M | $493K | 0.00% |
| 9 | One Community Bank | 59 | $26.6M | $451K | 1.69% |
| 10 | First Business Bank | 30 | $23.8M | $792K | 3.33% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Madison compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Madison area | $150K ▼ 25.0% | 14.5% ▲ 0.9 pts |
| Wisconsin | $200K | 13.7% |
| United States | $179K | 11.2% |
What gets funded in Madison
| Industry | Loans | Total funded |
|---|---|---|
| Manufacturing | 321 | $218.8M |
| Accommodation and Food Services | 436 | $212.2M |
| Retail Trade | 374 | $148.3M |
| Health Care and Social Assistance | 283 | $128.6M |
| Professional and Technical Services | 316 | $121.6M |
| Arts, Entertainment, Recreation | 140 | $92.7M |
| Construction | 283 | $84.1M |
| Other Services | 276 | $73.9M |
SBA lending in Madison by year
Geography, precisely
"Madison area" here means the Madison, WI metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Columbia County, WI; Dane County, WI; Green County, WI; Iowa County, WI. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.