States Served
Top Industries Financed
- Electrical Contractors
Quick Summary
The Garrett State Bank is an SBA-approved lender headquartered in GARRETT, Indiana. Since 2020, they have approved 1 SBA 7(a) loans totaling $332K, with an average loan size of $332K. They primarily serve Indiana businesses.
About The Garrett State Bank
The Garrett State Bank is an SBA-approved lender headquartered in GARRETT, Indiana. Since 2020, they have approved 1 SBA 7(a) loans totaling $332K, with an average loan size of $332K. They primarily serve businesses in Indiana.
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Frequently Asked Questions
Is The Garrett State Bank an SBA Preferred Lender?
The Garrett 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 The Garrett State Bank approved?
According to SBA FOIA public records, The Garrett State Bank has approved 1 SBA 7(a) loans totaling $332K since 2020. Their average loan size is $332K.
What states does The Garrett State Bank serve?
The Garrett State Bank primarily serves businesses in Indiana.
How do I apply for an SBA loan with The Garrett State Bank?
To apply for an SBA 7(a) loan with The Garrett 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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Contact The Garrett State Bank
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