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
540
2010–2026
Total Volume
$131M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a) & 504
540 total segments
STAR Financial Bank has a strong focus on existing businesses, with 81% of their deals serving this purpose. If you're an established business looking to expand or refinance, this lender could be a great fit.
With an average 7(a) spread of P+1.73%, STAR Financial Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Although STAR Financial Bank has a 12% share of 504 loans, which is lower than the national average, they still provide a solid option for real estate financing. However, if you're primarily looking for 504 loans, you may want to consider other lenders with a higher focus.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 64 504 loans, which use fixed SBA debenture rates.
States where STAR Financial Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Specialty Trade Contractors
Construction
Manufacturing
Manufacturing
Administrative & Waste Services
Administrative & Waste Services
Wholesale Trade
Wholesale Trade
Other Health Practitioners
Health Care & Social Assistance
Physician & Dental Offices
Health Care & Social Assistance
Other Professional Services
Professional Services
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for STAR Financial 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) | 49 | P+1.25% | $66K | Q4 2025 |
| Indiana · Manufacturing · Under $150K | 7(a) | 39 | P+2.00% | $65K | Q1 2025 |
| Indiana · Administrative & Waste Services · Under $150K | 7(a) | 24 | P+1.50% | $55K | Q4 2025 |
| Indiana · Other Health Practitioners · Under $150K | 7(a) | 19 | P+2.00% | $53K | Q3 2023 |
| Indiana · Arts, Entertainment & Recreation · Under $150K | 7(a) | 16 | P+1.75% | $62K | Q1 2024 |
| Indiana · Other Professional Services · Under $150K | 7(a) | 15 | P+2.00% | $57K | Q3 2025 |
| Indiana · Physician & Dental Offices · Under $150K | 7(a) | 14 | P+2.25% | $51K | Q4 2023 |
| Indiana · Wholesale Trade · Under $150K | 7(a) | 13 | P+2.25% | $59K | Q4 2023 |
| Indiana · Specialty Trade Contractors · $150K – $350K | 7(a) | 13 | P+1.25% | $238K | Q4 2024 |
| Indiana · Building Construction · Under $150K | 7(a) | 11 | P+1.50% | $111K | Q1 2024 |
| Indiana · Manufacturing · $150K – $350K | 7(a) | 11 | P+2.75% | $246K | Q3 2018 |
| Indiana · Auto Repair & Maintenance · Under $150K | 7(a) | 10 | P+2.75% | $75K | Q4 2019 |
| Indiana · Legal Services · Under $150K | 7(a) | 9 | P+2.25% | $82K | Q4 2024 |
| Indiana · Management & IT Consulting · Under $150K | 7(a) | 9 | P+2.50% | $70K | Q3 2023 |
| Indiana · Other Repair & Services · Under $150K | 7(a) | 9 | P+1.00% | $44K | Q3 2025 |
| Indiana · Wholesale Trade · $150K – $350K | 7(a) | 8 | P+2.38% | $251K | Q2 2020 |
| Indiana · Administrative & Waste Services · $150K – $350K | 7(a) | 8 | P+1.00% | $254K | Q2 2025 |
| Indiana · Heavy & Civil Engineering · $150K – $350K | 7(a) | 7 | P+1.00% | $244K | Q2 2020 |
| Indiana · Restaurants & Food Service · $150K – $350K | 7(a) | 7 | P+0.00% | $228K | Q3 2024 |
| Indiana · Restaurants & Food Service · Under $150K | 7(a) | 7 | P+2.00% | $67K | Q2 2022 |
| Indiana · Miscellaneous Retail · Under $150K | 7(a) | 6 | P+1.00% | $103K | Q3 2025 |
| Indiana · Engineering & Architecture · Under $150K | 7(a) | 6 | P+2.00% | $71K | Q4 2022 |
| Indiana · Personal Care (Salons, Spas) · Under $150K | 7(a) | 6 | P+1.88% | $49K | Q4 2023 |
| Indiana · Heavy & Civil Engineering · Under $150K | 7(a) | 6 | P+1.63% | $76K | Q1 2022 |
| Indiana · Auto Repair & Maintenance · $150K – $350K | 7(a) | 5 | P+1.50% | $270K | Q2 2019 |
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Real experiences from borrowers who closed SBA loans with STAR Financial Bank.
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