Wisconsin
Top SBA lenders in Madison
Businesses in the Madison area have received $447M across 1,277 approved SBA 7(a) & 504 loans (FY2010–present). Here are the lenders that funded the most, by real approval volume.
| # | Lender | SBA approvals in Madison | Rating |
|---|---|---|---|
| 1 | Lake Ridge Bank | $46M | 4.5(6) |
| 2 | Summit CU | $35M | 3.9(110) |
| 3 | Bank Five Nine | $31M | 4.3(78) |
| 4 | Byline Bank | $30M | 2.5(18) |
| 5 | First Business Bank | $28M | 3.6(25) |
| 6 | Oak Bank | $25M | 4.7(30) |
| 7 | One Community Bank | $23M | 2.7(27) |
| 8 | JPMorgan Chase Bank, National Association | $14M | 4.3(144) |
| 9 | Fortifi Bank | $12M | 4.7(18) |
| 10 | Live Oak Banking Company | $12M | 3.4(145) |
| 11 | U.S. Bank, National Association | $11M | 2.1(31) |
| 12 | The Huntington National Bank | $10M | 2.2(69) |
| 13 | Johnson Bank | $10M | 3.8(12) |
| 14 | Bank of Sun Prairie | $9M | 4.7(68) |
| 15 | Associated Bank, National Association | $9M | 2.8(21) |
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present), by borrower project location. See all Wisconsin SBA lenders →
SBA lenders in Madison — common questions
Which SBA lender is most active in Madison?
Lake Ridge Bank has approved the most SBA 7(a) & 504 funding for Madison-area businesses — $46M in total. The full ranking of the most active lenders is on this page, sourced from public SBA FOIA loan-approval records.
How much SBA funding have Madison businesses received?
Businesses in the Madison area have received $447M across 1,277 approved SBA 7(a) & 504 loans since FY2010, based on public SBA FOIA loan-approval records by borrower project location.
Do I have to use an SBA lender based in Madison?
No. SBA loans are federal, so a national or out-of-state lender can fund your Madison business — national SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender helps most when your deal needs site visits or local market knowledge.
How are the top Madison SBA lenders ranked?
By total gross SBA loan approvals to borrowers in the Madison area, from the U.S. SBA's public FOIA 7(a) & 504 data (FY2010–present) — real approval volume, not advertising.
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