State Bank
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by State Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 445310 | Beer, Wine, and Liquor Stores | 16 | $8.7M | $546K | 11.1% |
| 238130 | Framing Contractors | 16 | $3.0M | $186K | 11.1% |
| 484122 | General Freight Trucking, Long-Distance, Less Than Truckload | 16 | $5.6M | $350K | 11.1% |
| 561730 | Landscaping Services | 16 | $14.6M | $911K | 11.1% |
| 423840 | Industrial Supplies Merchant Wholesalers | 16 | $3.6M | $225K | 11.1% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 16 | $6.4M | $400K | 11.1% |
| 811111 | General Automotive Repair | 8 | $800K | $100K | 5.6% |
| 713940 | Fitness and Recreational Sports Centers | 8 | $2.0M | $250K | 5.6% |
| 323111 | Commercial Gravure Printing | 8 | $4.1M | $509K | 5.6% |
| 531190 | Lessors of Other Real Estate Property | 8 | $160K | $20K | 5.6% |
Geographic Distribution
SBA lending activity for State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 144 | $55.1M | 100.0% |
Why Choose State Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 144 SBA loans approved, totaling $55.1M in financing
- ✓Industry Expertise: Specialized focus on Beer, Wine, and Liquor Stores, Framing Contractors, General Freight Trucking, Long-Distance, Less Than Truckload
- ✓Competitive Terms: Average interest rate of 6.47% with flexible term lengths averaging 109 months
- ✓Loan Range: Loan sizes from $20K to $911K, with an average of $383K
- ✓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 State Bank SBA lending
What types of businesses does State Bank typically finance?
State Bank specializes in SBA 7(a) lending to specific industries including beer, wine, and liquor stores, framing contractors, general freight trucking, long-distance, less than truckload, landscaping services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are State Bank's typical SBA loan terms?
State Bank's SBA 7(a) loans typically feature an average interest rate of 6.47% and average term length of 109 months (approximately 9 years). Loan sizes range from $20K to $911K, with an average loan size of $383K.
Do I need a business valuation for a State Bank SBA loan?
Yes, State 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 State Bank compare to other SBA lenders?
State Bank has originated 144 SBA loans totaling $55.1M 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 State Bank lend in?
State 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.
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