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SBA lenders in Manitowoc, WI

SBA 7(a) and 504 loans to businesses in Manitowoc (Manitowoc County), October 2021 to June 30, 2026 · Updated October 15, 2026
46
SBA loans approved
$28.5M
Total approved
$200,000
Median loan
14
Lenders active
39%
To startups

46 SBA loans worth $28.5M went to businesses in Manitowoc, WI between October 2021 and June 2026, from 14 lenders. Bank First made the most, 11 loans. The median loan was $200,000, compared with $269,000 across Wisconsin, and manufacturing was the most financed industry.

Most active SBA lenders in Manitowoc

#LenderLoansApprovedMedian loanTo startups
1Bank First
Bank · Manitowoc, WI
11$2.9M$200,00018%
2Nicolet National Bank
Bank · Green Bay, WI
7$2.9M$117,00057%
3WBD
Certified development company · Madison, WI
6$10.9M$1,339,50033%
4UnitedOne Credit Union
Credit union · Manitowoc, WI
5$819K$90,60040%
5BMO Bank
Bank · Chicago, IL
4$292K$74,750100%
6Cleveland State Bank
Bank · Cleveland, WI
3$4.9M$1,000,00033%
7Old National Bank
Bank · Evansville, IN
2$2.2M$1,117,750100%
8BayFirst National Bank
Bank · St. Petersburg, FL
2$725K$362,5000%
9Racine County Economic Development
Certified development company · Sturtevant, WI
1$1.5M$1,525,0000%
10Waukesha State Bank
Bank · Waukesha, WI
1$653K$653,2000%
11Byline Bank
Bank · Chicago, IL
1$225K$225,000100%
12Huntington National Bank
Bank · Columbus, OH
1$200K$200,0000%
13Celtic Bank
Bank · Salt Lake City, UT
1$150K$150,0000%
14Oostburg State Bank
Bank · Oostburg, WI
1$49K$49,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Manitowoc. For 504 loans the lender shown is the certified development company.

What gets financed in Manitowoc

IndustryLoansShareMedian loanMost active lender
Manufacturing8
17%
$883,250Cleveland State Bank
Retail8
17%
$175,000Bank First
Restaurants and hotels7
15%
$244,800Nicolet National Bank
Construction4
9%
$403,050Bank First
Arts, entertainment and recreation4
9%
$74,750BMO Bank
Wholesale trade4
9%
$190,000Bank First
Other services (repair, personal care)4
9%
$351,100Nicolet National Bank
Administrative and support services2
4%
$227,700UnitedOne Credit Union
Loan size mix
  • Under $150,00035%
  • $150,000 to $500,00035%
  • $500,000 to $2 million22%
  • $2 million and up9%
Compared with Wisconsin
Median loan, Manitowoc
$200,000
Median loan, Wisconsin
$269,000
Startup share, Manitowoc
39%
Startup share, Wisconsin
34%
Share of state's SBA loans
0.8%

SBA loans per fiscal year in Manitowoc

0102030FY14: 16 loansFY14FY15: 9 loansFY15FY16: 7 loansFY16FY17: 5 loansFY17FY18: 14 loansFY18FY19: 10 loansFY19FY20: 17 loansFY20FY21: 21 loansFY2121FY22: 9 loansFY22FY23: 5 loansFY23FY24: 12 loansFY24FY25: 14 loansFY25FY26 (Oct to Jun): 6 loansFY266
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.