Waukesha State Bank
Waukesha State Bank is an active SBA lender in Wisconsin, a bank offering SBA-guaranteed small-business loans. Currently rated 4.4 stars across 115 Google reviews.
$253M
in SBA approvals since 2010
546
SBA loans funded
Manufacturing · Restaurants & Food Service · Transportation & Trucking
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Waukesha State Bank
Waukesha State Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides SBA 7(a) loans, which are ideal for a variety of purposes including working capital, equipment purchase, and real estate acquisition. Their experienced lending team guides clients through the application process, ensuring clarity and efficiency. The bank supports businesses across diverse industries, emphasizing community development and local economic growth. Whether you're a startup or an established enterprise, Waukesha State Bank aims to facilitate your financial goals with flexible terms and competitive rates. They also offer expertise in handling complex financing scenarios, making them a reliable partner for business owners in the region.
Industries Waukesha State Bank finances
Business types Waukesha State Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Waukesha State Bank
What is this place and what can I find here?
This is a bank that offers SBA loan programs and financial services tailored to small and medium-sized businesses. You can find expert guidance, loan options, and support for your business growth needs.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours for general inquiries.
What are the hours of operation?
Waukesha State Bank's downtown Waukesha office lobby is open Monday–Friday from 8:30 a.m. to 5:00 p.m., and Saturday from 9:00 a.m. to Noon; drive-up operates until 5:30 p.m. weekdays and Noon on Saturday. Confirm current hours by calling (262) 549-8500.
Is there a fee to use this?
There are no fees to visit the bank; however, loan processing and application fees may apply for specific financial products.
Who is this open to — anyone, or only residents/members?
This bank primarily serves local residents and businesses within the region, but non-residents may also be eligible for certain services with proper documentation.
What minimum personal credit score does this bank look for in a guarantor?
The bank generally looks for a minimum personal credit score of 620 for guarantors applying for SBA loans.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the loan and completeness of the application.
Is this open on weekends?
Waukesha State Bank's downtown location is open Saturday from 9:00 a.m. to Noon (both lobby and drive-up), but closed Sundays. Confirm weekend availability by calling (262) 549-8500.
How do I get there and where do I park?
Waukesha State Bank is located in Wisconsin — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for Waukesha State Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Waukesha State Bank itself, which runs its own lending under its own ownership. If you work at Waukesha State Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Waukesha State Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Waukesha State Bank before applying. If you represent Waukesha State Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
Contact Waukesha State Bank at (262) 549-8500, wsbcontact@waukeshabank.com, or through their website chat. For SBA loans, ask for their business lending department.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Waukesha State Bank most often finances businesses in restaurants & food service, manufacturing, transportation & trucking, construction & contractors, general retail, and bars & nightlife. This reflects Waukesha State Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Waukesha State Bank which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Waukesha State Bank participates in SBA Express depends on its specific SBA lending authority. Contact Waukesha State Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
Waukesha State Bank has held SBA Preferred Lender Program (PLP) status since 1999, enabling faster loan approvals and decisions. Confirm current PLP status and eligible programs by contacting them at (262) 549-8500.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Waukesha State Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Waukesha State Bank directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Waukesha State Bank what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Waukesha State Bank to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Waukesha State Bank to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Waukesha State Bank weighs this case by case under its own policy, so be upfront about your history and ask Waukesha State Bank how it evaluates prior bankruptcies.
