# SBA loans to plumbing and HVAC companies in Wisconsin **Short answer:** SBA's loan file shows 140 loans to plumbing and HVAC companies in Wisconsin since October 2019. 46.4% went to businesses more than two years old, against 62.5% nationally. Canonical page: https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/wisconsin/ Data as of: 2026-06-30 These are the 140 SBA 7(a) loans to [plumbing and HVAC companies](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/) in [Wisconsin](https://www.sbaexpress.loans/wisconsin-small-business-loans/) approved October 2019 to June 2026. Each figure is set against the national figure for the same industry and period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what lenders have done and not what any lender will do for you. Every state page for this industry uses this same period, so the pages can be compared with each other. ## How Wisconsin differs from the U.S. **What this means for you.** Younger businesses got a bigger share of these loans here than nationally. ### Established businesses 46.4% of the loans in Wisconsin went to businesses more than two years old, against 62.5% nationally. In business more than 2 years, share of loans, Oct 2019 to Jun 2026 - Wisconsin: 46.4% - United States: 62.5% We compared 9 measures with the national figure for the same period, and this is the one that differs clearly. 2 more differences are in the table. ## Wisconsin next to the U.S. **Wisconsin compared with all loans to plumbing and HVAC companies in the U.S., October 2019 to June 2026** | Measure | Wisconsin | United States | Reading | | --- | --- | --- | --- | | Industry's share of all SBA loans | 2.2% | 1.8% | No clear gap | | Median loan | $273,250 | $150,000 | No clear gap | | Middle half of loans | $100,000 to $603,000 | $51,600 to $450,000 | – | | Startups (the loan opens the business) | 17.1% | 8.7% | Clearly higher | | In business 2 years or less | 12.1% | 15.0% | No clear gap | | In business more than 2 years | 46.4% | 62.5% | Clearly lower | | Change of ownership | 22.9% | 12.7% | Clearly higher | | SBA Express | 42.9% | 49.3% | No clear gap | | Lines of credit | 36.4% | 37.8% | No clear gap | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 1.7 points over Prime | 2.75 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## Who lends in Wisconsin The 5 lenders below made 51 of the 140 loans approved October 2019 to June 2026, or 36.4%. A lender is listed when it has 5 or more of them, five at most. **Top lenders in Wisconsin** | Lender | Loans | Share here | U.S. share | | --- | --- | --- | --- | | [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 13 | 9.3% | 7.7% | | [Nicolet National Bank](https://www.sbaexpress.loans/sba-express-lenders/nicolet-national-bank/) | 12 | 8.6% | Not in top 5 | | [Bank First](https://www.sbaexpress.loans/sba-express-lenders/bank-first/) | 10 | 7.1% | Not in top 5 | | [Community State Bank](https://www.sbaexpress.loans/sba-express-lenders/community-state-bank/) | 8 | 5.7% | Not in top 5 | | [Old National Bank](https://www.sbaexpress.loans/sba-express-lenders/old-national-bank/) | 8 | 5.7% | Not in top 5 | Share here is the lender's share of the loans in this state. U.S. share is its share of all loans to this industry nationally. Not in top 5 means it is not one of the five lenders with the most loans to the industry. ## Plumbing and HVAC companies in other states Other states where these loans differ clearly from the national pattern, most loans first. **Plumbing and HVAC companies by state** | State | Loans since October 2019 | | --- | --- | | [California](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/california/) | 639 | | [Florida](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/florida/) | 521 | | [Texas](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/texas/) | 440 | | [Ohio](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/ohio/) | 349 | | [New York](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/new-york/) | 347 | | [Pennsylvania](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/pennsylvania/) | 255 | | [Michigan](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/michigan/) | 235 | | [Colorado](https://www.sbaexpress.loans/industries/plumbing-heating-air-conditioning-contractors/colorado/) | 195 | ## More industries in Wisconsin Other industries in Wisconsin with a clear difference from the national pattern, most loans first. **Other industries in Wisconsin** | Industry | Loans since October 2019 | | --- | --- | | [Sit-down restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/wisconsin/) | 296 | | [Fast-food, pizza and counter-service restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/wisconsin/) | 172 | | [Landscaping and lawn care companies](https://www.sbaexpress.loans/industries/landscaping-services/wisconsin/) | 134 | | [Home remodeling contractors](https://www.sbaexpress.loans/industries/residential-remodelers/wisconsin/) | 103 | | [Local trucking companies](https://www.sbaexpress.loans/industries/general-freight-trucking-local/wisconsin/) | 93 | | [Paving, fencing, pool and other specialty contractors](https://www.sbaexpress.loans/industries/all-other-specialty-trade-contractors/wisconsin/) | 91 | | [Long-haul truckload carriers](https://www.sbaexpress.loans/industries/general-freight-trucking-long-distance-truckload/wisconsin/) | 66 | | [Dental practices](https://www.sbaexpress.loans/industries/offices-of-dentists/wisconsin/) | 54 | How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Industry is the NAICS code recorded on each loan. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)