SBA lending by metro area
SBA lenders in Racine, WI
Which lenders fund Racine-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 Racine area
Ranked by SBA volume funded to businesses located in the Racine 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 | Racine County Economic Development Corporation | 60 | $49.1M | $818K | not reported |
| 2 | WBD, Inc. | 42 | $39.2M | $933K | not reported |
| 3 | Community State Bank | 186 | $38.3M | $206K | 1.08% |
| 4 | Byline Bank | 27 | $22.4M | $828K | 7.41% |
| 5 | U.S. Bank, National Association | 90 | $18.9M | $210K | 3.33% |
| 6 | Bank Five Nine | 26 | $11.9M | $457K | 0.00% |
| 7 | BMO Bank National Association | 15 | $9.2M | $612K | not reported |
| 8 | Waukesha State Bank | 19 | $8.4M | $442K | not reported |
| 9 | First American Bank | 8 | $7.2M | $895K | not reported |
| 10 | Citizens Bank | 13 | $6.5M | $504K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Racine compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Racine area | $150K ▼ 25.0% | 12.9% ▼ 0.7 pts |
| Wisconsin | $200K | 13.7% |
| United States | $179K | 11.2% |
What gets funded in Racine
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 86 | $69.4M |
| Manufacturing | 102 | $61.5M |
| Retail Trade | 100 | $45.8M |
| Construction | 111 | $29.9M |
| Health Care and Social Assistance | 64 | $22.7M |
| Transportation and Warehousing | 52 | $18.5M |
| Professional and Technical Services | 59 | $15.0M |
| Other Services | 63 | $14.9M |
SBA lending in Racine by year
Geography, precisely
"Racine area" here means the Racine-Mount Pleasant, WI metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Racine 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.