The Bippus State Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The Bippus State Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 10 | $5.7M | $570K | 33.3% |
| 811310 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | 2 | $697K | $348K | 6.7% |
| 332111 | Iron and Steel Forging | 2 | $2.7M | $1.3M | 6.7% |
| 722330 | Mobile Food Services | 1 | $356K | $356K | 3.3% |
| 331313 | Alumina Refining and Primary Aluminum Production | 1 | $1.2M | $1.2M | 3.3% |
| 334512 | Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use | 1 | $1.1M | $1.1M | 3.3% |
| 812910 | Pet Care (except Veterinary) Services | 1 | $1.1M | $1.1M | 3.3% |
| 115116 | Farm Management Services | 1 | $325K | $325K | 3.3% |
| 541922 | Commercial Photography | 1 | $1.2M | $1.2M | 3.3% |
| 237990 | Other Heavy and Civil Engineering Construction | 1 | $1.6M | $1.6M | 3.3% |
Geographic Distribution
SBA lending activity for The Bippus State Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Indiana (IN) | 28 | $24.9M | 93.3% |
| California (CA) | 1 | $200K | 3.3% |
| Tennessee (TN) | 1 | $112K | 3.3% |
Why Choose The Bippus State Bank?
Based on SBA 7(a) lending track record from 1994-2025
- ✓Proven Track Record: 30 SBA loans approved, totaling $25.2M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Iron and Steel Forging
- ✓Competitive Terms: Average interest rate of 6.07% with flexible term lengths averaging 157 months
- ✓Loan Range: Loan sizes from $75K to $4.3M, with an average of $840K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in IN, CA, TN
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 The Bippus State Bank SBA lending
What types of businesses does The Bippus State Bank typically finance?
The Bippus State Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance, iron and steel forging, mobile food services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The Bippus State Bank's typical SBA loan terms?
The Bippus State Bank's SBA 7(a) loans typically feature an average interest rate of 6.07% and average term length of 157 months (approximately 13 years). Loan sizes range from $75K to $4.3M, with an average loan size of $840K.
Do I need a business valuation for a The Bippus State Bank SBA loan?
Yes, The Bippus 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 The Bippus State Bank compare to other SBA lenders?
The Bippus State Bank has originated 30 SBA loans totaling $25.2M since 1994. 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 The Bippus State Bank lend in?
The Bippus State Bank provides SBA 7(a) financing with particularly strong presence in IN, CA, TN. 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.
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