First Business Bank
First Business Bank is a Wisconsin-based commercial bank founded in 1990, specializing in business banking, commercial banking, specialty finance, private wealth, and consulting services for businesses.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (34 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
First Business Bank ranks #85 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of First Business Bank’s 7(a) acquisition lending falls in the $0-$500K range: 13 loans, 38.2% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 13 | 38.2% | |
| $500K-$1M | 10 | 29.4% | |
| $1M-$2M | 4 | 11.8% | |
| $2M-$3M | 3 | 8.8% | |
| $3M-$4M | 1 | 2.9% | |
| $4M-$5M | 3 | 8.8% |
Industries with highest loan volume
Pet and Pet Supplies Retailers
5
loans
$417K
avg. amount
Full-Service Restaurants
2
loans
$2.7M
avg. amount
Drinking Places (Alcoholic Beverages)
2
loans
$972K
avg. amount
Tax Preparation Services
2
loans
$891K
avg. amount
Nail Salons
2
loans
$381K
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
2
loans
$2.7M
avg. amount
Other Personal Care Services
1
loans
$550K
avg. amount
Insurance Agencies and Brokerages
1
loans
$441K
avg. amount
Farm Machinery and Equipment Manufacturing
1
loans
$610K
avg. amount
Dental Laboratories
1
loans
$4.6M
avg. amount
10-Year
3.4%
Percentile Ranking
93th
93th percentile
First Business Bank’s median variable rate is + 2.63%, against a market median of Prime + 1.88%, 75 above market.
It priced below the market median in 0 of the last 8 quarters.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.81% |
| $500K-$1M | Prime + 2.45% |
| $1M-$2M | Prime + 2.56% |
| $2M-$3M | Prime + 2.08% |
| $3M-$4M | Prime + 1.75% |
| $4M-$5M | Prime + 2.25% |
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q2 '20 | Prime + 2.75% | Prime + 2.50% | Prime + 2.00% – Prime + 3.00% | 6 |
| Q3 '20 | Prime + 2.75% | Prime + 2.25% | Prime + 1.75% – Prime + 2.75% | 5 |
| Q4 '20 | Prime + 2.75% | Prime + 2.25% | Prime + 1.75% – Prime + 2.75% | 6 |
| Q2 '21 | Prime + 2.75% | Prime + 2.25% | Prime + 1.75% – Prime + 2.75% | 3 |
| Q2 '22 | Prime + 2.50% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 3 |
| Q3 '22 | Prime + 2.13% | Prime + 1.75% | Prime + 1.25% – Prime + 2.25% | 4 |
| Q4 '24 | Prime + 2.75% | Prime + 2.25% | Prime + 1.50% – Prime + 2.75% | 4 |
| Q4 '25 | Prime + 2.25% | Prime + 2.25% | Prime + 1.67% – Prime + 2.75% | 5 |
First Business Bank has originated 7(a) acquisition loans in 13 states, most actively in California (11), Virginia (3) and South Carolina (3). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| California | 11 | 32.4% |
| Virginia | 3 | 8.8% |
| South Carolina | 3 | 8.8% |
| Texas | 3 | 8.8% |
| Wisconsin | 3 | 8.8% |
| North Carolina | 2 | 5.9% |
| Ohio | 2 | 5.9% |
| Washington | 2 | 5.9% |
| Illinois | 1 | 2.9% |
| Iowa | 1 | 2.9% |
| Oregon | 1 | 2.9% |
| Missouri | 1 | 2.9% |
| Arizona | 1 | 2.9% |
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