First Business Bank

About / Team

Mike Groth

Portfolio Manager II - SBA Lending

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Mike Groth

About Mike

Mike Groth started at First Business in January of 2018 after most recently working as a Portfolio Manager with Byline Bank, where he managed a portfolio of SBA loan clients. He has more than fifteen years of experience in financial services in various capacities, such as relationship management, credit analysis, inventory appraisal, and also as a finance associate at a $15 billion hedge fund. Mike graduated from UW-Milwaukee with a bachelor’s degree in Economics, and is very active in the community.

He volunteers through Junior Achievement as a volunteer classroom teacher for 4th grade students, and he and his wife have raised more than $10,000 over the past six years for the March of Dimes through its March for Babies fundraising campaign. Outside of the office, Mike enjoys running, hiking, and spending time with his twin boys.

Person calculating collateral for SBA loan

Article

Collateral Requirements of SBA loans

Collateral requirements for SBA loans are more flexible than the average term loan. Read more here to see if an
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