States Served
Top Industries Financed
- Limited-Service Restaurants
- Offices of Chiropractors
Quick Summary
DeMotte State Bank is an SBA-approved lender headquartered in DEMOTTE, Indiana. Since 2020, they have approved 2 SBA 7(a) loans totaling $518K, with an average loan size of $259K. They primarily serve Indiana businesses.
About DeMotte State Bank
DeMotte State Bank is an SBA-approved lender headquartered in DEMOTTE, Indiana. Since 2020, they have approved 2 SBA 7(a) loans totaling $518K, with an average loan size of $259K. They primarily serve businesses in Indiana.
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Frequently Asked Questions
Is DeMotte State Bank an SBA Preferred Lender?
DeMotte State Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has DeMotte State Bank approved?
According to SBA FOIA public records, DeMotte State Bank has approved 2 SBA 7(a) loans totaling $518K since 2020. Their average loan size is $259K.
What states does DeMotte State Bank serve?
DeMotte State Bank primarily serves businesses in Indiana.
How do I apply for an SBA loan with DeMotte State Bank?
To apply for an SBA 7(a) loan with DeMotte State Bank, 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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