SBA acquisition lenders in Wisconsin

Wisconsin borrowers closed 292 SBA change-of-ownership loans from FY2025 to FY2026 Q3: $316M approved, a median deal of $647,500, and a median initial rate of 8.75%.

Loans
292

FY2025 to FY2026 Q3

Approved
$316M

gross approvals

Median deal
$647,500

national $709,300

Median rate
8.75%

national 9.25%

Charged off
1.80%

611 FY2020-22 loans

Charge-off means SBA wrote the loan off as a loss. The rate covers the FY2020-22 approval cohort, not the window above, because recent loans have had less time to go bad, and is shown only for states with 100 or more cohort loans. Charge-off rates by lender

Most active lenders in Wisconsin

Ranked by change-of-ownership loans closed in Wisconsin, FY2025 to FY2026 Q3. Medians cover in-state loans only.

RankLenderLoans in WIMedian sizeMedian rate
1Old National Bank34$771,9507.73%
2Byline Bank19$910,0009.75%
3Huntington National Bank18$499,9509.13%
4Associated Bank National Association16$237,5008.63%
5Live Oak Banking Company15$935,0009.00%
6CCFBank National Association13$785,2009.25%
7Nicolet National Bank13$479,7007.50%
8First Internet Bank of Indiana8$337,50010.13%
9Bank First, N.A.7$775,0006.50%
10Lake Ridge Bank7$281,7008.75%

Lenders with fewer than 5 Wisconsin loans in the window are not listed: medians from a handful of loans are not meaningful. The full national ranking is in the lender directory.

The median initial rate on Wisconsin acquisition loans, 8.75%, is below the national median of 9.25% for the same window.