GOOD
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
234
2010–2026
Total Volume
$94M
Gross loan amounts
States Active
8
With recorded loans
Programs
7(a) & 504
234 total segments
State Bank has a strong focus on existing businesses, with 53% of their deals serving this purpose. If you're an established business looking for financing, this lender could be a good fit.
With an average 7(a) spread of P+2.43%, State 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.
State Bank's 22% share of 504 loans indicates a balanced approach to financing, which may be beneficial if you're considering real estate investments. This is higher than the national average, suggesting they are well-equipped for such deals.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 52 504 loans, which use fixed SBA debenture rates.
States where State Bank has recorded SBA lending activity.
+ 3 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Wholesale Trade
Wholesale Trade
Auto Repair & Maintenance
Other Services
Administrative & Waste Services
Administrative & Waste Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Real Estate
Real Estate
+ 7 more
All recorded SBA lending activity for State Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Indiana · Restaurants & Food Service · $150K – $350K | 7(a) | 13 | P+2.75% | $274K | Q1 2020 |
| Indiana · Manufacturing · Under $150K | 7(a) | 13 | P+2.75% | $103K | Q3 2025 |
| Indiana · Restaurants & Food Service · Under $150K | 7(a) | 10 | P+2.75% | $116K | Q1 2019 |
| Indiana · Specialty Trade Contractors · Under $150K | 7(a) | 9 | P+2.25% | $79K | Q2 2018 |
| Indiana · Administrative & Waste Services · Under $150K | 7(a) | 7 | P+2.75% | $56K | Q1 2017 |
| Indiana · Manufacturing · $500K – $1M | 7(a) | 6 | P+1.63% | $679K | Q1 2023 |
| Indiana · Auto Repair & Maintenance · Under $150K | 7(a) | 5 | P+2.75% | $68K | Q1 2025 |
| Indiana · Real Estate · Under $150K | 7(a) | 5 | P+2.25% | $79K | Q2 2020 |
| Indiana · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 4 | P+2.38% | $277K | Q4 2022 |
| Indiana · Laundry & Dry Cleaning · $150K – $350K | 7(a) | 4 | P+2.75% | $244K | Q2 2019 |
| Indiana · Wholesale Trade · Under $150K | 7(a) | 4 | P+2.38% | $135K | Q3 2021 |
| Indiana · Laundry & Dry Cleaning · Under $150K | 7(a) | 4 | P+2.75% | $121K | Q2 2016 |
| Indiana · Specialty Trade Contractors · $150K – $350K | 7(a) | 4 | P+1.88% | $200K | Q2 2023 |
| Indiana · Food & Beverage Stores · Under $150K | 7(a) | 3 | P+2.75% | $100K | Q3 2018 |
| Indiana · Specialty Trade Contractors · $150K – $350K | 504 | 3 | — | $214K | Q3 2020 |
| Indiana · Other Health Practitioners · Under $150K | 7(a) | 3 | P+2.75% | $118K | Q4 2011 |
| Indiana · Manufacturing · $150K – $350K | 7(a) | 3 | P+2.25% | $235K | Q1 2017 |
| Indiana · Restaurants & Food Service · $500K – $1M | 7(a) | 3 | P+1.00% | $580K | Q2 2022 |
| Indiana · Information & Media · Under $150K | 7(a) | 3 | P+2.50% | $100K | Q2 2017 |
| Indiana · Wholesale Trade · $350K – $500K | 7(a) | 3 | P+2.75% | $425K | Q2 2012 |
| Indiana · Arts, Entertainment & Recreation · $1M – $2M | 504 | 2 | — | $1.2M | Q4 2022 |
| Indiana · Food & Beverage Stores · $150K – $350K | 7(a) | 2 | P+2.50% | $340K | Q1 2015 |
| Wyoming · Hotels & Accommodation · $1M – $2M | 504 | 2 | — | $1.7M | Q3 2021 |
| Indiana · Other Professional Services · $150K – $350K | 7(a) | 2 | P+2.75% | $238K | Q4 2018 |
| Indiana · Food & Beverage Stores · $500K – $1M | 7(a) | 2 | P+1.63% | $546K | Q3 2020 |
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