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SBA lending by metro area

SBA lenders in Manitowoc, WI

Which lenders fund Manitowoc-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

SBA loans
369
Total funded
$185.6M
Average loan
$503K
7(a) charge-off
3.0%

Top SBA lenders in the Manitowoc area

Ranked by SBA volume funded to businesses located in the Manitowoc micropolitan 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. 28 $44.6M $1.6M not reported
2 Nicolet National Bank 73 $28.7M $394K 0.00%
3 Bank First, N.A. 60 $26.7M $445K 1.67%
4 UMB Bank, National Association 18 $15.1M $836K not reported
5 Bank of Ann Arbor 32 $10.2M $318K 9.38%
6 Byline Bank 9 $8.3M $928K not reported
7 Cleveland State Bank 7 $7.0M $994K not reported
8 American National Bank 5 $5.3M $1.1M not reported
9 Summit CU 8 $4.5M $561K not reported
10 Shoreline CU 24 $2.1M $89K 4.17%

SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.

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How Manitowoc compares

Median funded SBA loan and 504 share of loans, FY2010–2026.

Median loan504 share
Manitowoc area $194K ▼ 3.0% 8.4% ▼ 5.3 pts
Wisconsin$200K13.7%
United States$179K11.2%

What gets funded in Manitowoc

IndustryLoansTotal funded
Manufacturing 74 $73.3M
Accommodation and Food Services 54 $21.8M
Retail Trade 34 $15.6M
Health Care and Social Assistance 29 $12.6M
Transportation and Warehousing 30 $11.9M
Other Services 33 $11.8M
Wholesale Trade 18 $8.7M
Construction 32 $8.3M

SBA lending in Manitowoc by year

Geography, precisely

"Manitowoc area" here means the Manitowoc, WI micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Manitowoc 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.