Nicolet National Bank approved 342 SBA loans worth $184.7M between October 2021 and June 2026, ranking #124 of 2,283 SBA lenders nationally by loan count. Its median loan was $300,000, and 43% went to startups or businesses under two years old. It lent in 9 states, most often in Wisconsin, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Wisconsin | 178 | $87.3M | $289,550 | #5 |
| Iowa | 58 | $17.9M | $199,950 | #6 |
| Minnesota | 42 | $22.8M | $243,000 | #44 |
| Colorado | 39 | $40.2M | $500,000 | #40 |
| Michigan | 19 | $12.9M | $400,000 | #58 |
| Missouri | 2 | $2.7M | $1,327,000 | #203 |
| Illinois | 2 | $466K | $233,150 | #214 |
| Florida | 1 | $394K | $393,700 | #286 |
| Utah | 1 | $100K | $100,000 | #144 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 61 | $250,000 | |
| Restaurants and hotels | 52 | $306,450 | |
| Manufacturing | 42 | $475,000 | |
| Other services (repair, personal care) | 35 | $312,000 | |
| Health care and social assistance | 27 | $350,000 | |
| Construction | 27 | $322,300 | |
| Administrative and support services | 22 | $160,000 | |
| Transportation and warehousing | 17 | $217,500 | |
| Wholesale trade | 16 | $500,000 | |
| Arts, entertainment and recreation | 11 | $220,500 |