Top Industries Financed
- Fitness and Recreational Sports Centers
- All Other Support Services
- Plumbing, Heating, and Air-Conditioning Contractors
- Other Personal Care Services
- Lessors of Nonresidential Buildings (except Miniwarehouses)
Quick Summary
Lake City Bank is an SBA-approved lender headquartered in WARSAW, Indiana. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 92 SBA 7(a) loans totaling $44.3M, with an average loan size of $481K. They serve businesses across 4 states.
About Lake City Bank
Lake City Bank is an SBA-approved lender headquartered in WARSAW, Indiana. Since 2020, they have approved 92 SBA 7(a) loans totaling $44.3M, with an average loan size of $481K. 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.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
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Frequently Asked Questions
Is Lake City Bank an SBA Preferred Lender?
Yes, Lake City Bank 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 Lake City Bank approved?
According to SBA FOIA public records, Lake City Bank has approved 92 SBA 7(a) loans totaling $44.3M since 2020. Their average loan size is $481K.
What states does Lake City Bank serve?
Lake City Bank serves businesses in 4 states: Florida, Indiana, Michigan, Ohio.
How do I apply for an SBA loan with Lake City Bank?
To apply for an SBA 7(a) loan with Lake City 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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