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SBA lenders in Hayward, WI

SBA 7(a) and 504 loans to businesses in Hayward (Sawyer County), October 2021 to June 30, 2026 · Updated October 15, 2026
28
SBA loans approved
$21.6M
Total approved
$482,800
Median loan
11
Lenders active
32%
To startups

28 SBA loans worth $21.6M went to businesses in Hayward, WI between October 2021 and June 2026, from 11 lenders. Frandsen Bank and Trust made the most, 11 loans. The median loan was $482,800, compared with $269,000 across Wisconsin, and retail was the most financed industry.

Most active SBA lenders in Hayward

#LenderLoansApprovedMedian loanTo startups
1Frandsen Bank and Trust
Bank · Lonsdale, MN
11$4.9M$350,00027%
2Old National Bank
Bank · Evansville, IN
5$9.4M$1,247,7000%
3WBD
Certified development company · Madison, WI
3$1.9M$587,00067%
4Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$828K$414,00050%
5Byline Bank
Bank · Chicago, IL
1$1.7M$1,705,000100%
6Bank of America
Bank · Charlotte, NC
1$1.2M$1,210,8000%
7Chippewa Valley Bank
Bank · Hayward, WI
1$446K$445,8000%
8CCFBank
Bank · Altoona, WI
1$419K$418,700100%
9Newtek Bank
Bank · Miami, FL
1$400K$400,0000%
10Coulee Bank
Bank · La Crosse, WI
1$292K$292,5000%
11BankVista
Bank · Sartell, MN
1$207K$207,400100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Hayward. For 504 loans the lender shown is the certified development company.

What gets financed in Hayward

IndustryLoansShareMedian loanMost active lender
Retail10
36%
$500,000Old National Bank
Restaurants and hotels8
29%
$541,300Frandsen Bank and Trust
Other services (repair, personal care)4
14%
$217,800Frandsen Bank and Trust
Transportation and warehousing2
7%
$731,500Frandsen Bank and Trust
Manufacturing1
4%
$400,000Newtek Bank
Health care and social assistance1
4%
$207,400BankVista
Construction1
4%
$1,210,800Bank of America
Professional and technical services1
4%
$187,000Frandsen Bank and Trust
Loan size mix
  • Under $150,00011%
  • $150,000 to $500,00043%
  • $500,000 to $2 million39%
  • $2 million and up7%
Compared with Wisconsin
Median loan, Hayward
$482,800
Median loan, Wisconsin
$269,000
Startup share, Hayward
32%
Startup share, Wisconsin
34%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in Hayward

03710FY14: 4 loansFY14FY15: 8 loansFY15FY16: 1 loansFY16FY17: 6 loansFY17FY18: 3 loansFY18FY19: 4 loansFY19FY20: 7 loansFY20FY21: 9 loansFY219FY22: 8 loansFY22FY23: 1 loansFY23FY24: 9 loansFY24FY25: 7 loansFY25FY26 (Oct to Jun): 3 loansFY263
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.