Top Industries Financed
- Full-Service Restaurants
- Specialized Freight (except Used Goods) Trucking, Local
- Lessors of Nonresidential Buildings (except Miniwarehouses)
- New Single-Family Housing Construction (except Operative Builders)
- Commercial Gravure Printing
Quick Summary
Forward Bank is an SBA-approved lender headquartered in MARSHFIELD, Wisconsin. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 54 SBA 7(a) loans totaling $11.2M, with an average loan size of $207K. They serve businesses across 2 states.
About Forward Bank
Forward Bank is an SBA-approved lender headquartered in MARSHFIELD, Wisconsin. Since 2020, they have approved 54 SBA 7(a) loans totaling $11.2M, with an average loan size of $207K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 2 states.
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Frequently Asked Questions
Is Forward Bank an SBA Preferred Lender?
Yes, Forward Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Forward Bank approved?
According to SBA FOIA public records, Forward Bank has approved 54 SBA 7(a) loans totaling $11.2M since 2020. Their average loan size is $207K.
What states does Forward Bank serve?
Forward Bank serves businesses in 2 states: Minnesota, Wisconsin.
How do I apply for an SBA loan with Forward Bank?
To apply for an SBA 7(a) loan with Forward Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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