| $1–2 million | AD-TECH INDUSTRIES, INC. | WATERTOWN, WI | BMO Bank National Association |
| $150,000–350,000 | ARCHIE MONUMENT AND STONE, INC. | WATERTOWN, WI | Bank First, N.A. |
| $150,000–350,000 | BADGERLAND COMMERCIAL ROOFING, INC. | WATERTOWN, WI | State Bank of Reeseville |
| $150,000–350,000 | BASCO DEVELOPMENT, LLC | WATERTOWN, WI | Bank Five Nine |
| $350,000–1 million | BASO GAS PRODUCTS LLC | WATERTOWN, WI | Associated Bank, National Association |
| $150,000–350,000 | BERRES BROTHERS INC. | WATERTOWN, WI | Bank First, N.A. |
| $350,000–1 million | BRM HOLDINGS INC. | WATERTOWN, WI | The Greenwood's State Bank |
| $150,000–350,000 | C-M GLO, LLC | WATERTOWN, WI | Ixonia Bank |
| $150,000–350,000 | CAREW HEATING & AIR CONDITIONING, INC. | WATERTOWN, WI | Ixonia Bank |
| $2–5 million | CREATIVE COMMUNITY LIVING SERVICES, INCORPORATED | WATERTOWN, WI | Ixonia Bank |
| $150,000–350,000 | FAMILY DENTAL PRACTICE KYLE AND WILL, LLC | WATERTOWN, WI | PremierBank |
| $2–5 million | FISHER BARTON BLADES, INC. | WATERTOWN, WI | Associated Bank, National Association |
| $2–5 million | FISHER BARTON SPECIALTY PRODUCTS, INC | WATERTOWN, WI | Associated Bank, National Association |
| $150,000–350,000 | GLENN'S MARKET & CATERING, INC. | WATERTOWN, WI | Bank First, N.A. |
| $150,000–350,000 | GOOD SHEPHERD LUTHERAN CHURCH | WATERTOWN, WI | Ixonia Bank |
| $350,000–1 million | GRINWALD FORD, INC. | WATERTOWN, WI | BMO Bank National Association |
| $150,000–350,000 | HEARING PROTECTION LLC | WATERTOWN, WI | Home Federal Savings Bank |
| $150,000–350,000 | HIGHWAY LIGHT AND LANDSCAPE, INC. | WATERTOWN, WI | JPMorgan Chase Bank, National Association |
| $350,000–1 million | HOLZ MOTORS, INC. - WATERTOWN | WATERTOWN, WI | BMO Bank National Association |
| $350,000–1 million | INNERPAK OF WISCONSIN, INC. | WATERTOWN, WI | BMO Bank National Association |
| $350,000–1 million | J&C TATER ENTERPRISES, LLC | WATERTOWN, WI | Bank First, N.A. |
| $150,000–350,000 | JACOB WEGNER ENTERPRISES, LLC | WATERTOWN, WI | Bank First, N.A. |
| $350,000–1 million | JCB FLAVORS, LLC | WATERTOWN, WI | First Business Bank |
| $150,000–350,000 | JOHNSON & HELLEKSON REAL ESTATE, LLC | WATERTOWN, WI | Bank of Lake Mills |
| $150,000–350,000 | KAYSER CHRYSLER CENTER OF WATERTOWN, INC. | WATERTOWN, WI | First Business Bank |
| $150,000–350,000 | KLECKER'S HEATING AND AIR CONDITIONING, INC. | WATERTOWN, WI | Bank First, N.A. |
| $350,000–1 million | KUSEL EQUIPMENT CO | WATERTOWN, WI | BMO Bank National Association |
| $350,000–1 million | LUTHER PREPARATORY SCHOOL, INC. | WATERTOWN, WI | Bank First, N.A. |
| $350,000–1 million | MAAS BROS. CONSTRUCTION CO., INC. | WATERTOWN, WI | BMO Bank National Association |
| $2–5 million | MARANATHA BAPTIST UNIVERSITY, INC. | WATERTOWN, WI | Ixonia Bank |
| $150,000–350,000 | MEADE MEDICAL CLINIC, S.C. | WATERTOWN, WI | Bank First, N.A. |
| $150,000–350,000 | PERNAT/HAASE MEATS, LLC | WATERTOWN, WI | Badger Bank |
| $150,000–350,000 | PETERSON CUSTOM STAINLESS, INC | WATERTOWN, WI | Bank of Lake Mills |
| $150,000–350,000 | RICHTER HEATING & AIR CONDITIONING, INC. | WATERTOWN, WI | Bank First, N.A. |
| $350,000–1 million | ROCK RIVER LABORATORY, INC. | WATERTOWN, WI | Bank Five Nine |
| $150,000–350,000 | ROSY LANE HOLSTEINS LLC | WATERTOWN, WI | Compeer Financial, ACA |
| $150,000–350,000 | ROYAL EXPRESS INC | WATERTOWN, WI | U.S. Bank, National Association |
| $150,000–350,000 | RUBIDELL RESORT CONDOMINIUM ASSOCIATION, INC. | WATERTOWN, WI | Bank First, N.A. |
| $350,000–1 million | SEVEN-UP BOTTLING COMPANY OF WATERTOWN | WATERTOWN, WI | BMO Bank National Association |
| $1–2 million | SPUNCAST INC | WATERTOWN, WI | Associated Bank, National Association |
| $150,000–350,000 | ST. JOHN'S LUTHERAN CHURCH AND SCHOOL | WATERTOWN, WI | Bank of Lake Mills |
| $150,000–350,000 | ST. MARK'S EVANGELICAL LUTHERAN CONGREGATION OF WATERTOWN, W | WATERTOWN, WI | Bank First, N.A. |
| $350,000–1 million | THERMO-TECH MECHANICAL INSULATION, INC. | WATERTOWN, WI | JPMorgan Chase Bank, National Association |
| $150,000–350,000 | TRIM SPECIALISTS, INC. | WATERTOWN, WI | BMO Bank National Association |
| $150,000–350,000 | TRINITY-ST LUKES LUTHERAN SCHOOL | WATERTOWN, WI | Ixonia Bank |
| $150,000–350,000 | WATERTOWN CALVARY BAPTIST CHURCH, INC. | WATERTOWN, WI | BMO Bank National Association |
| $350,000–1 million | WATERTOWN FAMILY PRACTICE ASSOCIATES, S.C. | WATERTOWN, WI | Bank First, N.A. |