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SBA lenders in Elkhorn, WI

SBA 7(a) and 504 loans to businesses in Elkhorn (Walworth County), October 2021 to June 30, 2026 · Updated October 16, 2026
29
SBA loans approved
$19.3M
Total approved
$266,000
Median loan
14
Lenders active
59%
To startups

29 SBA loans worth $19.3M went to businesses in Elkhorn, WI between October 2021 and June 2026, from 14 lenders. Associated Bank made the most, 4 loans. The median loan was $266,000, compared with $269,000 across Wisconsin, and manufacturing was the most financed industry.

Most active SBA lenders in Elkhorn

#LenderLoansApprovedMedian loanTo startups
1Associated Bank
Bank · Green Bay, WI
4$2.8M$589,50075%
2Town Bank
Bank · Hartland, WI
4$2.6M$258,00050%
3Bank of Lake Mills
Bank · Lake Mills, WI
3$662K$90,000100%
4WBD
Certified development company · Madison, WI
2$5.4M$2,715,5000%
5CIBM Bank
Bank · Champaign, IL
2$2.3M$1,150,000100%
6Racine County Economic Development
Certified development company · Sturtevant, WI
2$1.2M$615,5000%
7Huntington National Bank
Bank · Columbus, OH
2$968K$483,750100%
8Old National Bank
Bank · Evansville, IN
2$700K$350,000100%
9Wisconsin Women's Business Initiative
Non-bank lender · Milwaukee, WI
2$210K$105,00050%
10U.S. Bank
Bank · Cincinnati, OH
2$75K$37,50050%
11SomerCor 504
Certified development company · Chicago, IL
1$1.4M$1,413,0000%
12Newtek Small Business Finance
Non-bank lender · Lake Success, NY
1$700K$700,0000%
13Newtek Bank
Bank · Miami, FL
1$150K$150,000100%
14BayFirst National Bank
Bank · St. Petersburg, FL
1$52K$51,8000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Elkhorn. For 504 loans the lender shown is the certified development company.

What gets financed in Elkhorn

IndustryLoansShareMedian loanMost active lender
Manufacturing7
24%
$867,500WBD
Health care and social assistance4
14%
$208,000CIBM Bank
Other services (repair, personal care)4
14%
$80,900Wisconsin Women's Business Initiative
Retail4
14%
$301,000Bank of Lake Mills
Construction2
7%
$281,500U.S. Bank
Administrative and support services2
7%
$807,400Associated Bank
Wholesale trade2
7%
$350,000Old National Bank
Arts, entertainment and recreation1
3%
$150,000Newtek Bank
Loan size mix
  • Under $150,00031%
  • $150,000 to $500,00031%
  • $500,000 to $2 million31%
  • $2 million and up7%
Compared with Wisconsin
Median loan, Elkhorn
$266,000
Median loan, Wisconsin
$269,000
Startup share, Elkhorn
59%
Startup share, Wisconsin
34%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in Elkhorn

071320FY14: 8 loansFY14FY15: 7 loansFY15FY16: 2 loansFY16FY17: 9 loansFY17FY18: 8 loansFY18FY19: 9 loansFY19FY20: 1 loansFY20FY21: 16 loansFY2116FY22: 10 loansFY22FY23: 8 loansFY23FY24: 4 loansFY24FY25: 5 loansFY25FY26 (Oct to Jun): 2 loansFY262
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.