| $2–5 million | SMART MOTORS, INC. | MADISON, WI | State Bank of Cross Plains |
| $150,000–350,000 | SMARTUQ LLC | MADISON, WI | First Business Bank |
| $150,000–350,000 | SOAR CASE MANAGEMENT SERVICES, INC. | MADISON, WI | The Park Bank |
| $150,000–350,000 | SOILS & ENGINEERING SERVICES, INC. | MADISON, WI | Oak Bank |
| $2–5 million | SONIC FOUNDRY, INC. | MADISON, WI | First Business Bank |
| $150,000–350,000 | SOSIAB CARE, INC. | MADISON, WI | Celtic Bank Corporation |
| $150,000–350,000 | SOUTH CENTRAL CONTRACTING, INC. | MADISON, WI | The Greenwood's State Bank |
| $150,000–350,000 | SOUTH CENTRAL WISCONSIN MLS, CORP. | MADISON, WI | Johnson Bank |
| $150,000–350,000 | SOUTHERN WISCONSIN ROOFING CO., INC. | MADISON, WI | The Park Bank |
| $150,000–350,000 | SOUTHING GRANGE, INC. | MADISON, WI | The Park Bank |
| $350,000–1 million | SPECIAL OLYMPICS WISCONSIN INC | MADISON, WI | Associated Bank, National Association |
| $150,000–350,000 | SPIN LIVE, INC. | MADISON, WI | Capitol Bank |
| $150,000–350,000 | ST. AMBROSE ACADEMY | MADISON, WI | Town Bank, National Association |
| $350,000–1 million | ST. MARIA GORETTI CONGREGATION | MADISON, WI | First Business Bank |
| $150,000–350,000 | STACEY DENTAL, SC | MADISON, WI | Monona Bank |
| $1–2 million | STAFFORD ROSENBAUM LLP | MADISON, WI | BMO Harris Bank National Association |
| $150,000–350,000 | STAR ONE STAFFING OF MADISON INCORPORATED | MADISON, WI | Wisconsin Bank & Trust |
| $5–10 million | STATE COLLECTION SERVICE INC. | MADISON, WI | Oak Bank |
| $350,000–1 million | STATE INNOVATION EXCHANGE | MADISON, WI | Newtek Small Business Finance, Inc. |
| $150,000–350,000 | STATE STREET BRATHAUS OF MADISON, INC. | MADISON, WI | The Park Bank |
| $350,000–1 million | STEAKHOUSE DC, LLC | MADISON, WI | Capitol Bank |
| $150,000–350,000 | STEAKHOUSE MILWAUKEE, LLC | MADISON, WI | Capitol Bank |
| $350,000–1 million | STEAKHOUSE, LLC | MADISON, WI | Capitol Bank |
| $350,000–1 million | STEMINA BIOMARKER DISCOVERY, INC. | MADISON, WI | First Business Bank |
| $350,000–1 million | STEPHAN & BRADY INC. | MADISON, WI | Oak Bank |
| $2–5 million | STEVENS CONSTRUCTION CORP | MADISON, WI | Johnson Bank |
| $350,000–1 million | STONE HOUSE DEVELOPMENT, INC. | MADISON, WI | First Business Bank |
| $350,000–1 million | STRANG, INC | MADISON, WI | Summit CU |
| $350,000–1 million | STROUD, WILLINK & HOWARD, LLC | MADISON, WI | Settlers Bank |
| $350,000–1 million | SUNPEAK, LLC | MADISON, WI | Sunwest Bank |
| $150,000–350,000 | SUPRANET COMMUNICATIONS, INC. | MADISON, WI | Capitol Bank |
| $150,000–350,000 | SUPREME STRUCTURES INC | MADISON, WI | Oregon Community Bank |
| $2–5 million | SVA CERTIFIED PUBLIC ACCOUNTANTS, S.C. | MADISON, WI | Johnson Bank |
| $1–2 million | SVA CONSULTING LLC | MADISON, WI | Johnson Bank |
| $350,000–1 million | SWAN LEAP, INC. | MADISON, WI | Oregon Community Bank |
| $150,000–350,000 | SWEENEY CONSTRUCTION CORPORATION | MADISON, WI | The Park Bank |
| $150,000–350,000 | SWING AND A BOUNCER, INC. | MADISON, WI | The Park Bank |
| $1–2 million | SYMPHONY CORPORATION | MADISON, WI | Capitol Bank |
| $150,000–350,000 | SYMPHONYCARE LLC | MADISON, WI | Capitol Bank |
| $150,000–350,000 | T.C. CARPET CARE, LLC | MADISON, WI | Summit CU |
| $150,000–350,000 | TDS CUSTOM CONSTRUCTION, INC. | MADISON, WI | First Business Bank |
| $150,000–350,000 | TECHNOVIZ LLC | MADISON, WI | BMO Harris Bank National Association |
| $2–5 million | TEMPERATURE SYSTEMS, INC. | MADISON, WI | First Business Bank |
| $150,000–350,000 | TEMPEST LLC | MADISON, WI | Settlers Bank |
| $150,000–350,000 | TEMPLE BETH EL | MADISON, WI | Johnson Bank |
| $1–2 million | TERRA ENGINEERING & CONSTRUCTI | MADISON, WI | First Business Bank |
| $150,000–350,000 | TETRA DEFENSE, INC. | MADISON, WI | BMO Harris Bank National Association |
| $150,000–350,000 | TEX MESS LLC | MADISON, WI | Wisconsin Bank & Trust |
| $350,000–1 million | THE ALEXANDER COMPANY, INC. | MADISON, WI | State Bank of Cross Plains |
| $150,000–350,000 | THE ASSOCIATION OF STATE FLOODPLAIN MANAGERS, INC. | MADISON, WI | First Business Bank |
| $350,000–1 million | THE DANE COUNTY HUMANE SOCIETY | MADISON, WI | Monona Bank |
| $150,000–350,000 | THE DIGITAL RING, LLC | MADISON, WI | Monona Bank |
| $1–2 million | THE DOUGLAS STEWART COMPANY, INC. | MADISON, WI | BMO Harris Bank National Association |
| $150,000–350,000 | THE EVANGEILICAL CATHOLIC | MADISON, WI | Oak Bank |
| $150,000–350,000 | THE FIORE COMPANIES INC | MADISON, WI | Town Bank, National Association |
| $350,000–1 million | THE GD2 LLC | MADISON, WI | The Park Bank |
| $150,000–350,000 | THE GEO GROUP CORPORATION | MADISON, WI | First Business Bank |
| $150,000–350,000 | THE GIALAMAS COMPANY, INC. | MADISON, WI | U.S. Bank, National Association |
| $350,000–1 million | THE GREAT DANE PUB & BREWING COMPANY INC | MADISON, WI | The Park Bank |
| $1–2 million | THE HEIBING GROUP, INC. | MADISON, WI | Johnson Bank |
| $150,000–350,000 | THE LAW CENTER, S.C. | MADISON, WI | Johnson Bank |
| $150,000–350,000 | THE LEARNING GARDENS, LLC | MADISON, WI | Bank of Sun Prairie |
| $150,000–350,000 | THE LOST FINISH INC. | MADISON, WI | Wisconsin River Bank |
| $350,000–1 million | THE MADISON CLUB, INC | MADISON, WI | State Bank of Cross Plains |
| $150,000–350,000 | THE MADISON WALDORF SCHOOL, LTD. | MADISON, WI | Capitol Bank |
| $350,000–1 million | THE MINI CONVENIENCE LLC | MADISON, WI | Fountainhead SBF LLC |
| $350,000–1 million | THE NECKERMAN AGENCY | MADISON, WI | Associated Bank, National Association |
| $150,000–350,000 | THE NEW ACE ELECTRIC LLC | MADISON, WI | Monona Bank |
| $150,000–350,000 | THE PERFECT ANSWER, INC. | MADISON, WI | Oregon Community Bank |
| $350,000–1 million | THE PSYCHOLOGY CENTER, S.C. | MADISON, WI | Associated Bank, National Association |
| $150,000–350,000 | THE RAINBOW PROJECT., INC | MADISON, WI | The Park Bank |
| $150,000–350,000 | THE ROAD HOME DANE COUNTY INC | MADISON, WI | The Park Bank |
| $150,000–350,000 | THE SAND COUNTY FOUNDATION, INC. | MADISON, WI | First Business Bank |
| $150,000–350,000 | THE STARK COLLECTION AGENCY INC. | MADISON, WI | Oregon Community Bank |
| $350,000–1 million | THOMPSON KANE & COMPANY, LLC | MADISON, WI | Georgia Banking Company |
| $150,000–350,000 | TIER 1 NUTRITIONALS, INC. | MADISON, WI | Bank of Sun Prairie |
| $150,000–350,000 | TIM O'BRIEN HOMES OF MADISON, LLC | MADISON, WI | First Business Bank |
| $150,000–350,000 | TJK DESIGN BUILD INC. | MADISON, WI | Bank of Deerfield |
| $150,000–350,000 | TK RESTAURANT, LLC | MADISON, WI | Johnson Bank |
| $350,000–1 million | TORNADO LLC | MADISON, WI | Settlers Bank |
| $5–10 million | TOTAL ADMINISTRATIVE SERVICES CORPORATION | MADISON, WI | BMO Harris Bank National Association |
| $150,000–350,000 | TOTAL CARE DENTAL, LLC | MADISON, WI | Monona Bank |
| $1–2 million | TOTAL WATER TREATMENT SYSTEMS, INC. | MADISON, WI | First Business Bank |
| $350,000–1 million | TOUCHSTONE SENIOR SERVICES LLC | MADISON, WI | Oregon Community Bank |
| $150,000–350,000 | TRANSMART TECHNOLOGIES, INC | MADISON, WI | First Business Bank |
| $150,000–350,000 | TREFARRO VENTURES INC | MADISON, WI | Monona Bank |
| $350,000–1 million | TREK TRAVEL, LLC | MADISON, WI | JPMorgan Chase Bank, National Association |
| $350,000–1 million | TRIBE 9 FOODS | MADISON, WI | Wisconsin Bank & Trust |
| $150,000–350,000 | TRIGGS PLUMBING CO INC | MADISON, WI | The Park Bank |
| $150,000–350,000 | TRIPLE B LLC | MADISON, WI | State Bank of Cross Plains |
| $150,000–350,000 | TRITON AUTO SPA, LLC | MADISON, WI | State Bank of Cross Plains |
| $350,000–1 million | TRIVIUM LLC | MADISON, WI | Capitol Bank |
| $150,000–350,000 | TROY J. LEAVITT LAW FIRM, LLC | MADISON, WI | Oregon Community Bank |
| $150,000–350,000 | TWO BROWN TAILS, LLC | MADISON, WI | Fortifi Bank |
| $150,000–350,000 | TWO DUDES & A CHICK, LLC | MADISON, WI | The Park Bank |
| $350,000–1 million | ULI SERVICE CORP | MADISON, WI | The Park Bank |
| $350,000–1 million | UNION CAB OF MADISON COOPERATIVE | MADISON, WI | Summit CU |
| $150,000–350,000 | UNITED BRICK & FIREPLACE | MADISON, WI | Monona Bank |
| $350,000–1 million | UNITED CEREBRAL PALSY OF GREATER DANE COUNTY, INC. | MADISON, WI | Monona Bank |
| $150,000–350,000 | UNITED INVESTMENTS GROUP, INC | MADISON, WI | Bank Five Nine |