First Business Bank

About / Team

Mike Groth

Vice President - SBA Lending

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Mike Groth

About Mike

Mike Groth serves as Vice President of SBA Lending at First Business Bank. In 2018, he joined First Business Bank as an SBA Portfolio Manager and has more than 15 years of banking experience. Mike offers clear and upfront communication when tailoring financing solutions to help entrepreneurs build and sustain their dream. By applying a consultative approach, Mike offers SBA financing solutions for business acquisitions, partner buyouts, owner-occupied real estate purchases, and construction projects.

Mike grew up in Wisconsin and earned a bachelor’s degree in Economics and MBA from the University of Wisconsin-Milwaukee. Outside of banking, Mike serves as Scoutmaster for his community’s local Scout Troop where he and his twin boys enjoy camping, skiing, and many other outdoor adventures. Mike is a member of the Elmbrook Rotary Club where he served as Committee Chair of the Community Service Committee.

Put Your Deal On The List

Join your peers by adding your loan to the approved SBA lending deals list.

$1,800,000
SBA 504 Loan
Dental Practice
Commercial Real Estate Purchase
California
$2,200,000
SBA 7(a) Loan
Consulting & Staffing Firm
Business Acquisition
Oregon
$1,875,000
SBA 7(a) Loan
Vietnamese Restaurant
Commercial Real Estate Purchase
California
Close up of a person’s hand holding a pen writing on SBA loan application.

Article

SBA Loan Collateral Requirements

Collateral requirements for SBA loans are more flexible than the average term loan. Read more SBA loan collateral to see
two employees working in a woodshop

Case Study

Manufacturer Buys Real Estate & Consolidates Debt Into One Payment With SBA 7(a) Loan

A husband and wife acquired a Wisconsin manufacturing company in January 2020, just prior to the COVID-19 pandemic in the
A lady sitting at a desk and excitedly looking at her phone.

Article

Growing Your Business With SBA Loans

SBA loans provide crucial funding for businesses when conventional lending avenues might be closed. By understanding and leveraging the opportunities