Fond du Lac at a glance

Fond du Lac drew 188 SBA approvals across FY2017 to FY2026, worth $125.8 million gross. Fond du Lac sits at 326 of 928 among areas ranked by loans. Fond du Lac loans center on $318,500, the median. Fond du Lac sees its middle half between $150,000 and $848,900. The Fond du Lac median sits at 1.53x nationally. By program, Fond du Lac has 158 7(a) loans and 30 504 loans. Franchise brands account for 15.4% of Fond du Lac loans. $125.8 million is the Fond du Lac dollar total.

Fond du Lac: asset mix and geography

Full-service restaurant (12) tops Fond du Lac; limited-service restaurant (9) and hotel and motel (7) follow. Fourth in Fond du Lac is beauty salon, with 5 loans. 125 loans in Fond du Lac fit no class, so Fond du Lac class patterns say less. SBA locates every Fond du Lac loan in Fond du Lac County, WI, 188 in all.

Fond du Lac: lenders in the record

A Fond du Lac lender row names today's holder, as SBA reports it. Fond du Lac 7(a) holders include National Exchange Bank and Trust with 25 loans ($15.3 million), The Huntington National Bank with 6 loans ($1.5 million), and U.S. Bank, National Association with 6 loans ($151,200). No Fond du Lac 504 lender meets the listing minimum. Fond du Lac rows serve a borrower as background. No Fond du Lac row recommends any institution.

Fond du Lac: what the floors can say

Fond du Lac cancellation, FY2017 to FY2024 approvals: 7.9%. It is a floor for Fond du Lac. The Fond du Lac ceiling is 7.9%, counting undisbursed loans as cancelled. A rate needs more Fond du Lac disbursed loans. Loan Analytics withholds Fond du Lac charge-offs; they are not zero. Treat Fond du Lac rates as floors. Later events lift them, Fond du Lac included. County names place the Fond du Lac loans. For Fond du Lac, the July 2023 list governs. Fond du Lac omits loans with no county match. The Fond du Lac total includes loans outside the classes.

Fond du Lac: the feasibility questions

Fond du Lac approvals were thinnest in FY2024 (10 loans, $3.7 million) and heaviest in FY2021 (33 loans, $21.2 million). The first year, FY2017, shows 19 loans and $7.9 million for Fond du Lac. FY2026 closes the Fond du Lac series at 11 loans, $9.3 million. In Fond du Lac, demand testing starts with Fond du Lac County, WI and the businesses already serving it. The Fond du Lac median is $318,500. Set Fond du Lac budgets beside it; nationally it is 1.53x. Fond du Lac coverage cannot assume smooth sailing. Fond du Lac floors say why. Fond du Lac value is tested against cost by appraisal. Fond du Lac comparables decide how. Sources and uses in Fond du Lac must tie to bids near Fond du Lac County, WI. Beside Fond du Lac County, WI findings, the Fond du Lac study lists what it could not test.

SBA loans in the Fond du Lac, WI Metro Area

Loans approved, FY2017 to FY2026	188
Gross dollars approved	$125.8 million
Median loan	$318,500
Middle half of loans, from	$150,000
Middle half of loans, to	$848,900
SBA 7(a) loans	158
SBA 504 loans	30
Franchise share of loans	15.4%
Rank among metro and micro areas by loans	326 of 928
Median loan against the national median	1.53x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	7.9%
The same, counting loans still undisbursed as cancelled (a ceiling)	7.9%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA loans approved in the Fond du Lac, WI Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	19	$7.9 million
FY2018	27	$17.6 million
FY2019	16	$6.9 million
FY2020	21	$13.8 million
FY2021	33	$21.2 million
FY2022	20	$19.3 million
FY2023	19	$17.6 million
FY2024	10	$3.7 million
FY2025	12	$8.6 million
FY2026	11	$9.3 million

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	125
Full-service restaurant	12
Limited-service restaurant	9
Hotel and motel	7
Beauty salon	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Bank First, N.A.	57	$32.0 million
National Exchange Bank and Trust	25	$15.3 million
The Huntington National Bank	6	$1.5 million
U.S. Bank, National Association	6	$151,200
Nicolet National Bank	5	$3.0 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Fond du Lac County, WI	188

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-22540.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Fond du Lac, WI Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Feasibility Study Data for the Fond du Lac, WI Metro Area