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1st Source Bank

SOUTH BEND, IN 46601

⭐ SBA Preferred Lender
583
Loans Approved
$117.4M
Total Volume
$201K
Avg Loan Size
4
States Served

States Served

IllinoisIndianaMichiganOhio

Top Industries Financed

  • General Freight Trucking, Local
  • General Freight Trucking, Long Distance, Truckload
  • Landscaping Services
  • Limited-Service Restaurants
  • Full-Service Restaurants

About 1st Source Bank

1st Source Bank is an SBA-approved lender headquartered in SOUTH BEND, Indiana. Since 2020, they have approved 583 SBA 7(a) loans totaling $117.4M, with an average loan size of $201K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 4 states.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days