SBA lending by metro area
SBA lenders in Sheboygan, WI
Which lenders fund Sheboygan-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 Sheboygan area
Ranked by SBA volume funded to businesses located in the Sheboygan 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 | UMB Bank, National Association | 217 | $87.7M | $404K | 5.07% |
| 2 | Bank First, N.A. | 97 | $57.8M | $596K | 0.00% |
| 3 | Summit CU | 64 | $44.7M | $698K | 0.00% |
| 4 | WBD, Inc. | 55 | $42.7M | $776K | not reported |
| 5 | Oostburg State Bank | 83 | $36.2M | $436K | 0.00% |
| 6 | Hiawatha National Bank | 28 | $12.0M | $429K | 0.00% |
| 7 | Cleveland State Bank | 31 | $10.0M | $323K | 0.00% |
| 8 | Byline Bank | 9 | $9.5M | $1.1M | not reported |
| 9 | Racine County Economic Development Corporation | 8 | $8.4M | $1.0M | not reported |
| 10 | Bank Five Nine | 18 | $6.0M | $334K | 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 Sheboygan compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Sheboygan area | $255K ▲ 27.5% | 8.4% ▼ 5.3 pts |
| Wisconsin | $200K | 13.7% |
| United States | $179K | 11.2% |
What gets funded in Sheboygan
| Industry | Loans | Total funded |
|---|---|---|
| Manufacturing | 164 | $94.5M |
| Accommodation and Food Services | 130 | $64.3M |
| Retail Trade | 84 | $51.3M |
| Construction | 62 | $32.3M |
| Other Services | 65 | $27.5M |
| Arts, Entertainment, Recreation | 25 | $22.7M |
| Health Care and Social Assistance | 65 | $22.7M |
| Transportation and Warehousing | 34 | $21.1M |
SBA lending in Sheboygan by year
Geography, precisely
"Sheboygan area" here means the Sheboygan, WI metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Sheboygan 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.