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Community First Bank of Indiana

KOKOMO, IN 46901

⭐ SBA Preferred Lender
72
Loans Approved
$44.7M
Total Volume
$621K
Avg Loan Size
2
States Served

States Served

Top Industries Financed

  • Limited-Service Restaurants
  • General Freight Trucking, Local
  • Motion Picture and Video Production
  • Full-Service Restaurants
  • Apparel Accessories and Other Apparel Manufacturing

Quick Summary

Community First Bank of Indiana is an SBA-approved lender headquartered in KOKOMO, Indiana. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 72 SBA 7(a) loans totaling $44.7M, with an average loan size of $621K. They serve businesses across 2 states.

About Community First Bank of Indiana

Community First Bank of Indiana is an SBA-approved lender headquartered in KOKOMO, Indiana. Since 2020, they have approved 72 SBA 7(a) loans totaling $44.7M, with an average loan size of $621K. 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 2 states.

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Frequently Asked Questions

Is Community First Bank of Indiana an SBA Preferred Lender?

Yes, Community First Bank of Indiana is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has Community First Bank of Indiana approved?

According to SBA FOIA public records, Community First Bank of Indiana has approved 72 SBA 7(a) loans totaling $44.7M since 2020. Their average loan size is $621K.

What states does Community First Bank of Indiana serve?

Community First Bank of Indiana serves businesses in 2 states: Illinois, Indiana.

How do I apply for an SBA loan with Community First Bank of Indiana?

To apply for an SBA 7(a) loan with Community First Bank of Indiana, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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