Lender record
Forward Bank
The real lending record — every figure from funded deals. HQ: 1001 N Central Ave, Marshfield, WI. 15 branches.
55
Recent deals (FY20+)
$128K
Typical deal
3 days
Approval → funding
0%
Failure rate (FY20–23)
Where Forward Bank lends
Deals Forward Bank funded — list all 55 as text
- Premier Powersports of SG, LLC — Saint Germain · $2.9M · FY2026 · Boat Dealers
- Prairie Run Dental of Central Wisconsin, Inc. — Marshfield · $1.0M · FY2025 · Offices of Dentists
- Indigo Bowls LLC — Rochester · $70K · FY2025 · Mobile Food Services
- B. Sidenbender Landscaping LLC — Kennan · $38K · FY2025 · Specialized Freight (except Used Goods) Trucking, Local
- Kreager Insurance Services, Inc. — Schofield · $250K · FY2024 · Insurance Agencies and Brokerages
- Mayslick Ag Parts LLC — Ogema · $200K · FY2024 · Farm and Garden Machinery and Equipment Merchant Wholesalers
- RJ Kreager Investments, LLC — Schofield · $150K · FY2024 · Insurance Agencies and Brokerages
- Esterholm Trucking LLC — Prentice · $131K · FY2024 · General Freight Trucking, Local
- T1 Construction LLC — Marshfield · $100K · FY2024 · New Single-Family Housing Construction (except For-Sale Buil
- B.L. Accounting LLC — Abbotsford · $10K · FY2024 · Other Accounting Services
- Beever Creek LLC — Minocqua · $360K · FY2023 · Drinking Places (Alcoholic Beverages)
- Plath Rentals LLC — Winter · $350K · FY2023 · Lessors of Residential Buildings and Dwellings
- Scherwinski Excavating & Logging LLC — Glidden · $340K · FY2023 · Site Preparation Contractors
- Thorpe Properties, LLC — Mercer · $270K · FY2023 · Lessors of Nonresidential Buildings (except Miniwarehouses)
- MARDAWJAD LLC — Marshfield · $207K · FY2023 · Drinking Places (Alcoholic Beverages)
- Christopher A Kotecki — Thorp · $150K · FY2023 · Sporting Goods Retailers
- Christopher A Kotecki — Thorp · $150K · FY2023 · Sporting Goods Retailers
- Countryside Services of Park Falls LLC — Park Falls · $126K · FY2023 · Offices of Other Holding Companies
- Double R Transport LLC — Curtiss · $80K · FY2023 · General Freight Trucking, Local
- Loften Print Copy LLC — Park Falls · $40K · FY2023 · Commercial Printing (except Screen and Books)
- Stephanie Lee Loften — Park Falls · $40K · FY2023 · Commercial Printing (except Screen and Books)
- Ewert Logging LLC — Colby · $30K · FY2023 · Logging
- Dirt Bro's Excavating LLC — Neillsville · $500K · FY2022 · Site Preparation Contractors
- Teal Bird Properties LLC — Athens · $390K · FY2022 · Tire Dealers
- Joseph Schnering — Winter · $332K · FY2022 · Full-Service Restaurants
- Joseph W Schnering — Winter · $332K · FY2022 · Lessors of Nonresidential Buildings (except Miniwarehouses)
- Perfect 10 Outdoors, LLC — Marshfield · $300K · FY2022 · Sporting Goods Retailers
- LV Properties LLC — Athens · $180K · FY2022 · Full-Service Restaurants
- MasterCare Lawn Services LLC — Butternut · $145K · FY2022 · Landscaping Services
- Central Wisconsin Machine LLC — Loyal · $125K · FY2022 · Machine Shops
- Third Shift LLC — Park Falls · $110K · FY2022 · Full-Service Restaurants
- Night and Day Construction LLC — Park Falls · $77K · FY2022 · New Single-Family Housing Construction (except For-Sale Buil
- Night and Day Construction LLC — Park Falls · $67K · FY2022 · Other Building Finishing Contractors
- Lil Cakes LLC — Park Falls · $64K · FY2022 · Retail Bakeries
- Williams Milk Transport LLC — Marathon · $50K · FY2022 · Specialized Freight (except Used Goods) Trucking, Local
- Woltmann Crafts LLC — Marshfield · $35K · FY2022 · All Other Miscellaneous Schools and Instruction
- Cocina on the Square, LLC — Athens · $25K · FY2022 · Full-Service Restaurants
- Athens Tire & Auto LLC — Athens · $25K · FY2022 · Tire Dealers
- Williams Milk Transport LLC — Marathon · $20K · FY2022 · Specialized Freight (except Used Goods) Trucking, Local
- Koncar Properties LLC — Tomahawk · $597K · FY2021 · All Other Traveler Accommodation
- Stieber Enterprises, LLC — Marshfield · $446K · FY2021 · Child Day Care Services
- TM LLC — Athens · $94K · FY2021 · Lessors of Nonresidential Buildings (except Miniwarehouses)
- Hair On The Square LLC — Athens · $25K · FY2021 · Beauty Salons
- Krogman Haus Inc. — Marshfield · $1.0M · FY2020 · Full-Service Restaurants
- Mellen Holdings LLC — Mellen · $788K · FY2020 · Nursing Care Facilities (Skilled Nursing Facilities)
- AME Zippie Lube and Auto Repair LLC — Medford · $350K · FY2020 · Automotive Oil Change and Lubrication Shops
- Plath Rentals LLC — Phillips · $200K · FY2020 · All Other Traveler Accommodation
- Halder Bridge Bar and Grill — Mosinee · $160K · FY2020 · Full-Service Restaurants
- House of Valentine LLC — Minocqua · $128K · FY2020 · Beauty Salons
- Tervort RE LLC — Park Falls · $125K · FY2020 · All Other General Merchandise Stores
- PKF Investments, LLC — Park Falls · $120K · FY2020 · Motion Picture Theaters (except Drive-Ins)
- Five Star IG and Grid LLC — Milladore · $88K · FY2020 · Wood Window and Door Manufacturing
- Gebhardt Landscaping LLC — Medford · $76K · FY2020 · Landscaping Services
- True Land Care, LLC — Auburndale · $60K · FY2020 · Landscape Architectural Services
- Five Star IG and Grid LLC — Milladore · $10K · FY2020 · Wood Window and Door Manufacturing
Deal profile
Most Forward Bank deals land between $64K and $332K — that range covers half of everything they fund. Top industries and states:
Industries they fund most
- 1.Full-Service Restaurants (6)
- 2.Specialized Freight (except Used Goods) Trucking, Local (3)
- 3.Lessors of Nonresidential Buildings (except Miniwarehouses) (3)
- 4.Sporting Goods Retailers (3)
- 5.Insurance Agencies and Brokerages (2)
- 6.General Freight Trucking, Local (2)
- 7.New Single-Family Housing Construction (except For-Sale Buil (2)
- 8.Drinking Places (Alcoholic Beverages) (2)
Most active states
- 1.Wisconsin (54 deals)
- 2.Minnesota (1 deals)
Franchises they finance most
Board & Brush Creative Studios
1 deals
Pizza Ranch
1 deals
Can Forward Bank fund you? The bank behind the loans
Total assets
$1.2B
▲ 2.2% vs prior quarter
Deposits on hand
$1.0B
▲ 0.2% vs prior quarter
Loans outstanding
$884.1M
▲ 2.6% vs prior quarter
Net income (latest qtr)
$2.7M
- •SBA is a sideline here — this year's production is a rounding error against the loan book. Your deal competes with everything else they'd rather fund; a specialist bank will usually move faster. That makes Forward Bank more SBA-focused than 57% of the banks on our record.
- •Deposits grew last quarter — more raw lending capacity than the quarter before.
- •Return on assets of 0.92% — under the ~1% mark generally considered strong for a bank. How any of this translates to your rate is a question for the loan officer — pricing is set deal by deal.
FDIC call-report data, quarter ending 03/2026.
Walk into a Forward Bank branch (15)
Forward BankMain office1001 N Central AveMarshfield, WI 54449 · since 1919
Withee Branch410 Division StWithee, WI 54498 · since 1902
Greenwood Branch212 S Main StGreenwood, WI 54437 · since 1912
Colby Branch1122 N Division StColby, WI 54421 · since 1912
Phillips Branch110 County Road FPhillips, WI 54555 · since 1989
Thorp Branch105 S Washington StThorp, WI 54771 · since 1989
Park Falls - South Office177 4th Ave SPark Falls, WI 54552 · since 2000
Medford Wi Branch721 S 8th StMedford, WI 54451 · since 2014
Stanley Office240 S Broadway StStanley, WI 54768 · since 2016
Forward Bank Branch225 Alfred StAthens, WI 54411 · since 2021
Forward Bank Branch450 East Business County Road ADorchester, WI 54425 · since 2022
Rib Lake Branch667 Pearl StRib Lake, WI 54470 · since 2022
Forward Bank Branch6990 W. School StThree Lakes, WI 54562 · since 2023
Lake City Branch201 E Marion StLake City, MN 55041 · since 2024
St. Germain Office Branch474 Highway 70, St. Germain, Wisconsin 54558Saint Germain, WI 54558 · since 2024
Scroll for all 15 branches · Branch data: FDIC BankFind.
Recent deals
- Premier Powersports of SG, LLC in Saint Germain, WI — $2.9M (2026) · purchase · Boat Dealers
- Program
- 7a General
- Rate at approval
- 8.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.2M (75%)
- Approval → funding
- 17 days
- Approved
- 1/14/2026
- First disbursed
- 1/31/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Boat Dealers
If you were the buyer here
- Est. deal size
- $3.2M
- Est. down payment (10%)
- $320K
- Est. cash at closing
- $442K
- Monthly payment
- $23,678
- Annual debt service
- $284K
- Cash flow needed (1.25×)
- $355K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
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- Prairie Run Dental of Central Wisconsin, Inc. in Marshfield, WI — $1.0M (2025) · Offices of Dentists
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% fixed
- Term
- 48 mo (4 yrs)
- SBA guaranteed
- $778K (75%)
- Approval → funding
- 60 days
- Approved
- 1/31/2025
- First disbursed
- 4/1/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- New Business or 2 years or less
- Industry
- Offices of Dentists
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- Indigo Bowls LLC in Rochester, MN — $70K (2025) · Mobile Food Services
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.25% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $35K (50%)
- Approval → funding
- 8 days
- Approved
- 12/3/2024
- First disbursed
- 12/11/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 25
- Business age
- New Business or 2 years or less
- Industry
- Mobile Food Services
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- B. Sidenbender Landscaping LLC in Kennan, WI — $38K (2025) · Specialized Freight (except Used Goods) Trucking, Local
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.35% fixed
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $19K (50%)
- Approval → funding
- 1 days
- Approved
- 7/9/2025
- First disbursed
- 7/10/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Individual
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Specialized Freight (except Used Goods) Trucking, Local
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- Kreager Insurance Services, Inc. in Schofield, WI — $250K (2024) · Insurance Agencies and Brokerages
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.45% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $125K (50%)
- Approval → funding
- 0 days
- Approved
- 4/5/2024
- First disbursed
- 4/5/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Existing or more than 2 years old
- Industry
- Insurance Agencies and Brokerages
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- Mayslick Ag Parts LLC in Ogema, WI — $200K (2024) · Farm and Garden Machinery and Equipment Merchant Wholesalers
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.1% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $100K (50%)
- Approval → funding
- 35 days
- Approved
- 8/29/2024
- First disbursed
- 10/3/2024
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 6
- Business age
- New Business or 2 years or less
- Industry
- Farm and Garden Machinery and Equipment Merchant Wholesalers
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- RJ Kreager Investments, LLC in Schofield, WI — $150K (2024) · Insurance Agencies and Brokerages
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.45% fixed
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $75K (50%)
- Approval → funding
- 0 days
- Approved
- 4/5/2024
- First disbursed
- 4/5/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- New Business or 2 years or less
- Industry
- Insurance Agencies and Brokerages
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- Esterholm Trucking LLC in Prentice, WI — $131K (2024) · General Freight Trucking, Local
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $65K (50%)
- Approval → funding
- 3 days
- Approved
- 5/21/2024
- First disbursed
- 5/24/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 1
- Business age
- Startup, Loan Funds will Open Business
- Industry
- General Freight Trucking, Local
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- T1 Construction LLC in Marshfield, WI — $100K (2024) · New Single-Family Housing Construction (except For-Sale Buil
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approval → funding
- 5 days
- Approved
- 12/24/2023
- First disbursed
- 12/29/2023
- Loan status
- Delinquent
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- New Business or 2 years or less
- Industry
- New Single-Family Housing Construction (except For-Sale Buil
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- B.L. Accounting LLC in Abbotsford, WI — $10K (2024) · Other Accounting Services
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $5K (50%)
- Approval → funding
- 1 days
- Approved
- 2/8/2024
- First disbursed
- 2/9/2024
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Existing or more than 2 years old
- Industry
- Other Accounting Services
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Businesses Forward Bank financed
50 businesses on record. Each links to its full SBA record.
- Premier Powersports of SG, LLCSaint Germain, WI · 1 loan$2.9M
- Prairie Run Dental of Central Wisconsin, Inc.Marshfield, WI · 1 loan$1.0M
- Krogman Haus Inc.Marshfield, WI · 1 loan$1.0M
- Mellen Holdings LLCMellen, WI · 1 loan$788K
- Koncar Properties LLCTomahawk, WI · 1 loan$597K
- Plath Rentals LLCPhillips, WI · 2 loans$550K
- Dirt Bro's Excavating LLCNeillsville, WI · 1 loan$500K
- Stieber Enterprises, LLCMarshfield, WI · 1 loan$446K
- Teal Bird Properties LLCAthens, WI · 1 loan$390K
- Beever Creek LLCMinocqua, WI · 1 loan$360K
- AME Zippie Lube and Auto Repair LLCMedford, WI · 1 loan$350K
- Scherwinski Excavating & Logging LLCGlidden, WI · 1 loan$340K
- Joseph W SchneringWinter, WI · 1 loan$332K
- Joseph SchneringWinter, WI · 1 loan$332K
- Perfect 10 Outdoors, LLCMarshfield, WI · 1 loan$300K
- Christopher A KoteckiThorp, WI · 2 loans$300K
- Thorpe Properties, LLCMercer, WI · 1 loan$270K
- Kreager Insurance Services, Inc.Schofield, WI · 1 loan$250K
- MARDAWJAD LLCMarshfield, WI · 1 loan$207K
- Mayslick Ag Parts LLCOgema, WI · 1 loan$200K
- LV Properties LLCAthens, WI · 1 loan$180K
- Halder Bridge Bar and GrillMosinee, WI · 1 loan$160K
- RJ Kreager Investments, LLCSchofield, WI · 1 loan$150K
- MasterCare Lawn Services LLCButternut, WI · 1 loan$145K
- Night and Day Construction LLCPark Falls, WI · 2 loans$144K
- Esterholm Trucking LLCPrentice, WI · 1 loan$131K
- House of Valentine LLCMinocqua, WI · 1 loan$128K
- Countryside Services of Park Falls LLCPark Falls, WI · 1 loan$126K
- Tervort RE LLCPark Falls, WI · 1 loan$125K
- Central Wisconsin Machine LLCLoyal, WI · 1 loan$125K
- PKF Investments, LLCPark Falls, WI · 1 loan$120K
- Third Shift LLCPark Falls, WI · 1 loan$110K
- T1 Construction LLCMarshfield, WI · 1 loan$100K
- Five Star IG and Grid LLCMilladore, WI · 2 loans$98K
- TM LLCAthens, WI · 1 loan$94K
- Double R Transport LLCCurtiss, WI · 1 loan$80K
- Gebhardt Landscaping LLCMedford, WI · 1 loan$76K
- Indigo Bowls LLCRochester, MN · 1 loan$70K
- Williams Milk Transport LLCMarathon, WI · 2 loans$70K
- Lil Cakes LLCPark Falls, WI · 1 loan$64K
- True Land Care, LLCAuburndale, WI · 1 loan$60K
- Stephanie Lee LoftenPark Falls, WI · 1 loan$40K
- Loften Print Copy LLCPark Falls, WI · 1 loan$40K
- B. Sidenbender Landscaping LLCKennan, WI · 1 loan$38K
- Woltmann Crafts LLCMarshfield, WI · 1 loan$35K
- Ewert Logging LLCColby, WI · 1 loan$30K
- Athens Tire & Auto LLCAthens, WI · 1 loan$25K
- Cocina on the Square, LLCAthens, WI · 1 loan$25K
- Hair On The Square LLCAthens, WI · 1 loan$25K
- B.L. Accounting LLCAbbotsford, WI · 1 loan$10K
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CapBench analysis of public lending records, FY2020–present. Not affiliated with Forward Bank.
Agent summary
This page summarizes Forward Bank's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.
- 55 SBA 7(a) loans on record
- $128K typical deal
- 2 business-acquisition loans
- HQ: 1001 N Central Ave, Marshfield, WI
- 15 FDIC branch locations
- FDIC total assets $1.2B
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.
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