Logansport Savings Bank
SBA 7(a) Lending Profile · FY 2026 analysis
Industry Focus
Top industries served by Logansport Savings Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 511110 | Newspaper Publishers | 16 | $3.4M | $210K | 33.3% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $1.4M | $171K | 16.7% |
| 423840 | Industrial Supplies Merchant Wholesalers | 8 | $2.4M | $300K | 16.7% |
| 445310 | Beer, Wine, and Liquor Stores | 8 | $3.8M | $471K | 16.7% |
| 238290 | Other Building Equipment Contractors | 8 | $4.0M | $500K | 16.7% |
Geographic Distribution
SBA lending activity for Logansport Savings Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 48 | $14.9M | 100.0% |
Why Choose Logansport Savings Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 48 SBA loans approved, totaling $14.9M in financing
- ✓Industry Expertise: Specialized focus on Newspaper Publishers, Fitness and Recreational Sports Centers, Industrial Supplies Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of 8.04% with flexible term lengths averaging 151 months
- ✓Loan Range: Loan sizes from $149K to $500K, with an average of $310K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in IN
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Logansport Savings Bank SBA lending
What types of businesses does Logansport Savings Bank typically finance?
Logansport Savings Bank specializes in SBA 7(a) lending to specific industries including newspaper publishers, fitness and recreational sports centers, industrial supplies merchant wholesalers, beer, wine, and liquor stores. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Logansport Savings Bank's typical SBA loan terms?
Logansport Savings Bank's SBA 7(a) loans typically feature an average interest rate of 8.04% and average term length of 151 months (approximately 13 years). Loan sizes range from $149K to $500K, with an average loan size of $310K.
Do I need a business valuation for a Logansport Savings Bank SBA loan?
Yes, Logansport Savings Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Logansport Savings Bank compare to other SBA lenders?
Logansport Savings Bank has originated 48 SBA loans totaling $14.9M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Logansport Savings Bank lend in?
Logansport Savings Bank provides SBA 7(a) financing with particularly strong presence in IN. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.