Buying a Business in Wisconsin
What SBA acquisition lending actually looks like in Wisconsin, from loan-level government data.
FY2025 Acquisition Loans
173
$178.7M approved
Median Loan
$578,350
FY2020 through FY2025
Loans Since FY2020
1,110
$1.08B in total approvals
Share of U.S. Activity
3.1%
Of change-of-ownership loans
Most Active Acquisition Lenders in Wisconsin
- 1. Old National Bank97 loans
- 2. Nicolet National Bank90 loans
- 3. Live Oak Banking Company66 loans
- 4. Byline Bank59 loans
- 5. Citizens Community Federal National Association47 loans
A lender being active in Wisconsin does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.
What Gets Bought in Wisconsin
- Full-Service Restaurants67 loans
- Limited-Service Restaurants48 loans
- General Automotive Repair33 loans
- Hotels (except Casino Hotels) and Motels33 loans
- Plumbing, Heating, and Air-Conditioning Contractors31 loans
Industry-specific pricing and diligence live in the Industry Buy Guides.
Method & Source
Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Wisconsin project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.
Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.