STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
476
2010–2026
Total Volume
$168M
Gross loan amounts
States Active
4
With recorded loans
Programs
7(a) & 504
476 total segments
Lake City Bank has a strong focus on existing businesses, with 52% of their deals serving this purpose. This may benefit borrowers looking to expand or refinance established operations.
With an average 7(a) spread of P+1.72%, Lake City Bank offers competitive pricing compared to the national median of P+2.75%. This could result in lower interest costs for borrowers.
Despite a significant number of deals, Lake City Bank's growth trend shows a decline of 29% year-over-year. This may indicate a tightening of lending criteria, making it potentially harder for new applicants to get approved.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 109 504 loans, which use fixed SBA debenture rates.
States where Lake City Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Retail Trade
Retail Trade
Real Estate
Real Estate
Wholesale Trade
Wholesale Trade
Personal Care (Salons, Spas)
Other Services
+ 7 more
All recorded SBA lending activity for Lake City Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Indiana · Specialty Trade Contractors · Under $150K | 7(a) | 25 | P+3.00% | $72K | Q2 2025 |
| Indiana · Restaurants & Food Service · Under $150K | 7(a) | 24 | P+2.25% | $62K | Q4 2023 |
| Indiana · Manufacturing · $150K – $350K | 7(a) | 19 | P+1.50% | $273K | Q1 2025 |
| Indiana · Manufacturing · Under $150K | 7(a) | 17 | P+1.50% | $87K | Q2 2019 |
| Indiana · Administrative & Waste Services · Under $150K | 7(a) | 17 | P+2.25% | $62K | Q1 2023 |
| Indiana · Other Health Practitioners · Under $150K | 7(a) | 14 | P+2.38% | $66K | Q4 2025 |
| Indiana · Retail Trade · Under $150K | 7(a) | 13 | P+2.08% | $58K | Q3 2021 |
| Indiana · Building Construction · Under $150K | 7(a) | 11 | P+1.25% | $84K | Q3 2020 |
| Indiana · Restaurants & Food Service · $150K – $350K | 7(a) | 11 | P+2.25% | $256K | Q4 2023 |
| Indiana · Transportation & Warehousing · Under $150K | 7(a) | 11 | P+3.50% | $72K | Q2 2022 |
| Indiana · Personal Care (Salons, Spas) · Under $150K | 7(a) | 11 | P+2.25% | $65K | Q2 2025 |
| Indiana · Real Estate · $500K – $1M | 7(a) | 8 | P+1.00% | $738K | Q3 2024 |
| Indiana · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 8 | P+1.63% | $266K | Q1 2024 |
| Indiana · Restaurants & Food Service · $150K – $350K | 504 | 7 | — | $266K | Q4 2021 |
| Indiana · Arts, Entertainment & Recreation · Under $150K | 7(a) | 7 | P+2.25% | $67K | Q1 2024 |
| Indiana · Engineering & Architecture · Under $150K | 7(a) | 6 | P+3.50% | $73K | Q4 2018 |
| Indiana · Manufacturing · $150K – $350K | 504 | 6 | — | $249K | Q1 2023 |
| Indiana · Manufacturing · $500K – $1M | 504 | 6 | — | $701K | Q4 2021 |
| Indiana · Administrative & Waste Services · $150K – $350K | 7(a) | 5 | P+1.75% | $277K | Q1 2021 |
| Indiana · Wholesale Trade · Under $150K | 7(a) | 5 | P+2.25% | $90K | Q1 2022 |
| Indiana · Wholesale Trade · $150K – $350K | 7(a) | 5 | P+2.25% | $235K | Q1 2017 |
| Indiana · Retail Trade · $150K – $350K | 7(a) | 5 | P+2.25% | $239K | Q2 2018 |
| Indiana · Restaurants & Food Service · $500K – $1M | 504 | 5 | — | $843K | Q4 2024 |
| Indiana · Education · Under $150K | 7(a) | 5 | P+2.25% | $46K | Q4 2022 |
| Indiana · Transportation & Warehousing · $150K – $350K | 7(a) | 5 | P+3.00% | $193K | Q1 2017 |
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