SBA lending by metro area
SBA lenders in Watertown, WI
Which lenders fund Watertown-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 Watertown area
Ranked by SBA volume funded to businesses located in the Watertown 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. | 47 | $34.1M | $725K | not reported |
| 2 | Bank Five Nine | 82 | $29.4M | $359K | 0.00% |
| 3 | Waukesha State Bank | 17 | $7.5M | $441K | not reported |
| 4 | Old National Bank | 8 | $6.1M | $766K | not reported |
| 5 | First Citizens State Bank | 16 | $5.9M | $367K | not reported |
| 6 | Summit CU | 22 | $5.0M | $229K | 4.55% |
| 7 | PremierBank | 9 | $4.4M | $484K | not reported |
| 8 | Bank First, N.A. | 16 | $3.9M | $245K | not reported |
| 9 | Bank CMG | 7 | $2.8M | $399K | not reported |
| 10 | Bank of Lake Mills | 34 | $2.5M | $73K | 0.00% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Watertown compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Watertown area | $159K ▼ 20.5% | 13.3% |
| Wisconsin | $200K | 13.7% |
| United States | $179K | 11.2% |
What gets funded in Watertown
| Industry | Loans | Total funded |
|---|---|---|
| Manufacturing | 53 | $38.2M |
| Accommodation and Food Services | 56 | $22.6M |
| Retail Trade | 44 | $20.0M |
| Real Estate | 16 | $10.0M |
| Arts, Entertainment, Recreation | 12 | $8.1M |
| Construction | 47 | $7.6M |
| Professional and Technical Services | 42 | $7.6M |
| Health Care and Social Assistance | 28 | $7.5M |
SBA lending in Watertown by year
Geography, precisely
"Watertown area" here means the Watertown-Fort Atkinson, WI micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Jefferson 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.