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SBA lenders in Hudson, WI

SBA 7(a) and 504 loans to businesses in Hudson (St. Croix County), October 2021 to June 30, 2026 · Updated October 15, 2026
91
SBA loans approved
$32.3M
Total approved
$150,000
Median loan
28
Lenders active
36%
To startups

91 SBA loans worth $32.3M went to businesses in Hudson, WI between October 2021 and June 2026, from 28 lenders. Hiawatha National Bank made the most, 17 loans. The median loan was $150,000, compared with $269,000 across Wisconsin, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Hudson

#LenderLoansApprovedMedian loanTo startups
1Hiawatha National Bank
Bank · Hager City, WI
17$1.8M$50,00029%
2Citizens State Bank
Bank · Hudson, WI
11$1.9M$100,00045%
3First National Community Bank
Bank · New Richmond, WI
10$872K$87,50080%
4WBD
Certified development company · Madison, WI
9$9.1M$806,00011%
5U.S. Bank
Bank · Cincinnati, OH
6$205K$30,00033%
6Old National Bank
Bank · Evansville, IN
5$1.4M$119,50040%
7Twin Cities-Metro Certified Development
Certified development company · Vadnais Heights, MN
4$2.8M$650,0000%
8Live Oak Banking
Bank · Wilmington, NC
3$1.3M$285,0000%
9Platinum Bank
Bank · Oakdale, MN
2$3.9M$1,967,50050%
10Frandsen Bank and Trust
Bank · Lonsdale, MN
2$1.3M$658,0000%
11Choice Financial Group
Bank · Fargo, ND
2$560K$280,0000%
12Wells Fargo Bank
Bank · Sioux Falls, SD
2$507K$253,500100%
13First State Bank and Trust
Bank · Bayport, MN
2$200K$100,000100%
14Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$52K$25,7500%
15Central Minnesota Development
Certified development company · Andover, MN
1$1.2M$1,229,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Hudson. For 504 loans the lender shown is the certified development company.

What gets financed in Hudson

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels17
19%
$100,000Hiawatha National Bank
Manufacturing13
14%
$150,000First National Community Bank
Health care and social assistance13
14%
$212,400Old National Bank
Other services (repair, personal care)12
13%
$150,000Citizens State Bank
Administrative and support services8
9%
$215,000Hiawatha National Bank
Arts, entertainment and recreation6
7%
$299,500Platinum Bank
Construction6
7%
$100,000Twin Cities-Metro Certified Development
Professional and technical services6
7%
$38,250Hiawatha National Bank
Loan size mix
  • Under $150,00049%
  • $150,000 to $500,00030%
  • $500,000 to $2 million19%
  • $2 million and up2%
Compared with Wisconsin
Median loan, Hudson
$150,000
Median loan, Wisconsin
$269,000
Startup share, Hudson
36%
Startup share, Wisconsin
34%
Share of state's SBA loans
1.6%

SBA loans per fiscal year in Hudson

0132740FY14: 23 loansFY14FY15: 20 loansFY15FY16: 20 loansFY16FY17: 14 loansFY17FY18: 32 loansFY1832FY19: 22 loansFY19FY20: 19 loansFY20FY21: 19 loansFY21FY22: 21 loansFY22FY23: 13 loansFY23FY24: 27 loansFY24FY25: 17 loansFY25FY26 (Oct to Jun): 13 loansFY2613
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.